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INSTITUTIONS WE MONITOR
European Bank for Reconstruction and Development (EBRD)
Established to promote transition to market-oriented economies in the countries of central and eastern Europe and Central Asia, the EBRD’s lending often fails to benefit the people in these countries and regularly prioritises carbon-intensive and environmentally damaging development.
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OUR PROJECTS
Upper Horizons hydropower scheme, Bosnia and Herzegovina
A series of dams, diversion tunnels, hydropower plants and channels will completely change the natural hydrology of eastern Herzegovina and have unpredictable impacts on wetlands, rivers and underground karst.
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LATEST UPDATES
Global civil society coalition demands G7 leaders to prioritise support for Ukraine at upcoming meeting
As the 2024 G7 Foreign Affairs Ministerial approaches on April 17-19 in Capri, Italy, a coalition of leading organisations is calling on G7 nations to demonstrate unwavering support for Ukraine by taking concrete actions to address the country’s critical energy issues.
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European Investment Bank (EIB)
With a lending portfolio of EUR 72 billion (2010) the European Investment Bank (EIB) is one of the world’s biggest public lending institution – bigger even than the World Bank.
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Ulog and Upper Neretva hydropower plants, Bosnia and Herzegovina
A 35 MW hydropower plant is currently under construction on a pristine section of the Neretva river at Ulog. Seven more plants are also planned further upstream.
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New report: EU must act to prevent needless environmental and social damage by Corridor Vc motorway in Bosnia and Herzegovina
The European Commission and EU public banks must press for a revision of the Corridor Vc motorway route near Mostar in Bosnia and Herzegovina (BiH) if excessive environmental and social harm is to be avoided, finds a CEE Bankwatch Network report published today. (1)
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A new budget for a new Europe
For the European Union and its Member States to become more sustainable societies, the EU’s financial resources have to be spent towards consuming less energy and using resources more efficiently.
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Skavica hydropower plant, Albania
Instead of increasing its energy security, Albania is pushing the construction of yet more hydropower. The Skavica project may flood several villages, displace thousands of people and bring the Balkan lynx to extinction
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NGOs request investigation into EBRD loan for North Macedonia mega gas pipeline
Environmental watchdogs CEE Bankwatch Network and Eko-svest have today asked the European Bank for Reconstruction and Development’s (EBRD) redress mechanism to investigate a planned loan for a major new fossil gas pipeline from Greece to North Macedonia.
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