
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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In November 2010 the EBRD, together with the European Union, announced its involvement in the EUR 1.2 billion Nuclear Power Plant (NPP) safety upgrade project for Ukraine. While safety upgrades at first appear a positive initiative, this project makes sense only in the context of NPP lifetime extensions, otherwise there is no reason to finance costly upgrades for facilities that will anyway close in a couple of years. And though the project promoter clearly links these safety upgrades with lifetime extensions, the EBRD is reticent to do so.
The EBRD is and has been involved in a number of high voltage electricity transmission lines in Ukraine that eventually would lay the technical groundwork to export nuclear and coal-based electricity to the EU. In the Ukrainian electricity transmission field, the EBRD should focus its efforts on utilising the massive potential to increase the reliability and efficiency of Ukraine’s energy system through the modernisation of existing grid, especially low-voltage local grid below 110kV where power losses now are two times higher than average in the EU.
The oil and gas-fired thermo-power plant in Vlora, Albania – in a tourism-dependent city and only 100 metres from the protected Narta lagoon – was financed by the EBRD, the European Investment Bank and the World Bank. After a slew of problems, including lack of proper public consultation, the plant is not actually working – two years after it was supposed to have been completed – and it is increasingly doubtful whether it will start to produce electricity any time soon.
The Czech Republic will stop requesting the European Commission to reimburse EU funds spent in constructing new motorways and waterways that in the past may have breached public procurement rules. Rail funding will not be affected.
Ljubljana, Slovenia — CEE Bankwatch Network and Slovene NGO FOCUS are calling on the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to review their plans to provide 650 million euros in loans for the controversial 600 MW TES 6 block at Slovenian lignite plant Sostanj.

