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Despite the EU’s seemingly unending enthusiasm for hydrogen as a decarbonisation tool, there’s increasing concern over the risks of investing in unproven, inefficient or ineffective production methods and applications.
In this report, we examine the alignment of the EIB and EBRD grievance mechanisms with the effectiveness criteria for the design and assessment of non-judicial complaints mechanisms set out in the UN Guiding Principles on Business and Human Rights.
Voices of transition: Shaping the just transition future
November 20, 2024 | Read more
CEE Bankwatch Network is pleased to invite you to the event ‘Voices of transition: Shaping the just transition future’ on Thursday, 5 December 2024 from 10:00 to 13:00 at the Press Club Brussels.
The EBRD has made significant investments in solar, wind and energy efficiency in recent years. But these have been undermined by its continued support for fossil fuels. This April, a EUR 98 million loan for the Greece to North Macedonia pipeline was approved, despite major leaks in the Bank’s rationale for supporting it. Recent delays have further exposed the flawed assumptions behind the project, as our new briefing shows.
Greece – North Macedonia gas interconnector update
November 19, 2024 | Read more
This briefing takes an updated look at the Greece – North Macedonia gas interconnector project and concludes that the arguments in favour of the project are still not supported by convincing evidence and that the claimed benefits are highly unlikely to materialise.
