
Ukraine Reconstruction Campaigner
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Anna is Bankwatch’s Ukraine Reconstruction Campaigner, working on green reconstruction and environmental safeguards in Ukraine’s recovery. Her work focuses on alternative sources of energy for communities, energy resilience, and the alignment of Ukraine’s energy policy and public investment management system with EU standards. Originally from Kyiv, she holds an MSc in Environmental Sciences and Policy from Central European University and is based in Bratislava.
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Independent analysis questions economic viability of TES 6
November 28, 2011 | Read more
Ljubljana – An independent analysis commissioned by Bankwatch and Focus published today reveals a number of unsubstantiated claims and methodological mistakes in the investment plan for the TEŠ 6 lignite plant in Slovenia. Correct calculations show that the internal rate of return is in reality lower than estimated by the project promoter, state-owned TEŠ. Had the rate of return been calculated properly, the project would not have qualified for the EIB loan of 440 million euros it is set to receive.
Four investment plans have been produced for the Sostanj lignite fired power plant in Slovenia with many differences in calculations and outcomes. This review of the latest investment plan illustrates a number of shortcomings including both methodological mistakes and unsubstantiated claims.
Civil society organizations from Central Asia submitted their recommendations on the EU’s new Development Cooperation Instrument (DCI). The organisations call for a structured, open and transparent decision-making process involving local civil society representatives throughout the DCI activities in order to ensure the sustainable and democratic development of their countries.
Policy comments: EBRD’s Sustainable Energy Initiative 3
November 28, 2011 | Read more
In recent years, the European Bank for Reconstruction and Development has paid increased attention to sustainable energy issues, enegry efficiency in particular. At the same time, the bank’s Sustainable Energy Initiative (SEI) criteria need to be strengthened in line with climate science and EU policy.
NGOs condemn EBRD financing of biodiversity destruction in Croatia
November 23, 2011 | Read more
Zagreb — Croatian environmental organisations Zelena akcija/Friends of the Earth Croatia, the Croatian Biospeleological Society, Transparency International Hrvatska, Srđ je naš, Baobab, Eko Zeleno Sunce, Brodsko ekološko društvo-BED, Center for Environment (B&H), Eko-Zadar, WWF MedPO and regional organisation CEE Bankwatch Network have described as “extremely irresponsible” the approval yesterday by the European Bank for Reconstruction and Development of a EUR 123 million loan for the construction of the Ombla underground hydropower plant near Dubrovnik. [1]
