Economic justice policy officer
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China, the Western Balkans and the EU: Can three tango?
May 17, 2018 | Read more
With China pouring loans into the Western Balkans, the EU must step in to ensure this money benefits the region, writes Wawa Wang.
Chinese-financed coal projects in Southeast Europe
May 15, 2018 | Read more
Several EU enlargement countries in the Western Balkans – as well as EU member states Romania and Greece – plan to build new lignite power plants. In contrast, the EU aims to decarbonise its energy sector by 2050, most EU countries no longer build new
The loan that made sense until it didn’t
May 11, 2018 | Read more
During the annual meetings of the European Bank for Reconstruction and Development, the bank is the subject of a complaint for policy violations via a EUR 200 million loan to Serbia’s state-owned energy utility: money earmarked to prepare the fossil fuels-based company for the realities of adhering to stricter EU legislation will instead enable it to extract and burn even more fossil fuels.
Nenskra hydropower project – May 2018 update
May 10, 2018 | Read more
The banks have a responsibility to ensure that when they make an investment, they mitigate and avoid situations that put persons at risk. The Nenskra dam in Georgia is one example where the lack of proper environmental and social assessment can potenti
While it is positive that banks want to finance the much-needed transition away from coal towards renewable energy in the Balkans, it is crucial to ensure that the cure is not worse than the disease. Most of the projects planned in the Balkans are smal
