Economic justice policy officer
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Will the long-awaited bypass road pave the way to reconciliation?
November 15, 2018 | Read more
Villagers in rural Olyanytsya, in central Ukraine, are hopeful that village life is about to become a lot more bearable. After putting up with intense heavy vehicle traffic from the industrial farming operations of agro-giant Mironivsky Hliboproduct (MHP) for years, the company has finally finished building a bypass road to divert traffic around residential areas.
Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.
EIB to weaken accountability mechanism, despite civil society criticism
November 13, 2018 | Read more
Brussels – In a step backwards for the EU bank’s transparency and accountability, the Board of Directors of the European Investment Bank (EIB) has approved a controversial new policy [1] of its Complaints Mechanism, a move that will take the bank further away from the communities affected by its operations – say NGOs.
EBRD confirms it will not finance New Kosovo coal plant
November 13, 2018 | Read more
Following the World Bank’s recent statement [1] that it will not provide support for the 500 MW New Kosovo coal power plant, the EBRD has now followed suit by confirming that it is not considering support for the project.
Carbon sleight of hand continues at Czech coal giant
November 12, 2018 | Read more
The quasi state-owned Czech energy company ČEZ is up to its old tricks again. It celebrates a 30 % reduction in emissions, praising the public free allowances, and conveniently forgets to link the drop in emissions with the sale of some of its largest power plants.
