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EBRD soldiering on in Egypt

Adding to the ongoing febrile atmosphere in the country, Egypt’s military-backed authorities just yesterday passed a controversial new law that imposes draconian restrictions on public protest. Meanwhile, in recent weeks the European Bank for Reconstruction and Development has reconfirmed its intention to remain active in the country – despite a number of serious doubts still… » read more

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United in spirit with yesterday’s blog post on the European Bank for Reconstruction and Development’s coal lending, Visar Azemi from the Kosovo Civil Society Consortium for Sustainable Development calls on the UK government to not support the Kosova e Re lignite power plant via the World Bank and make its promise to end overseas coal… » read more

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With the United Kingdom, another major shareholder of the European Bank for Reconstruction and Development is divesting from coal overseas. What does this mean for the upcoming decision on the EBRD’s energy strategy? by Fidanka Bacheva-McGrath, cross-posted from the Bankwatch blog The UK government yesterday announced that it would “end support for public financing of… » read more

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Monday morning in Warsaw, climate activists staged a public action in front of the Polish Ministry of Economy – the venue for the greenwashing Coal and Climate Summit – to voice their outrage and reiterate a simple reality: there is no such thing as clean coal. Organizations involved in the action included Polish Youth Climate… » read more

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The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances. by Petr… » read more

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A promotional video for an upcoming climate protest in Warsaw draws attention to the negative influence that coal has on our health and that coal businesses will have on the global climate negotiations. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog With the COP19/CMP9 around the corner, this year’s host of the event, the Polish… » read more

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