Bankwatch

Archives for Climate & Environment

A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog. The Southern Gas Corridor, a 3,500 kilometre system of pipelines meant to bring gas from Azerbaijan into Europe,… » read more

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The Czech daily Hospodarske Noviny (English: “Economic Newspaper”) is reporting today that the Czech Export Bank (CEB) and export insurance agency EGAP may not be be able to finance the Pljevlja II lignite power plant in Montenegro due to new OECD rules entering force on 1 January 2017. by Hugo Charat, cross-posted from the Bankwatch… » read more

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If fossil fuels’ grip on the Czech Republic’s energy sector remains, as current plans and policies confirm, the country’s support for the Paris Agreement will be nothing but a sham, writes Karel Polanecky from Bankwatch’s Czech member group Hnuti Duha.   cross-posted from the Bankwatch blog The Paris Agreement, sealed 8 months and signed by… » read more

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Two reports by the Serbian Center for Investigative Journalism take stock of the problems surrounding the planned Kostolac B3 lignite power plant, including a recent court decision that cancelled the project’s Environmental Impact Assessment.   by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog   Bankwatch has reported time and again about controversies in the Serbian… » read more

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Czech environmental and law groups have proposed a law amendment to revive the disadvantaged renewable energy sector in their country. Karel Polanecky from Bankwatch member group Hnuti Duha explains their initiative.   Cross-posted from the Bankwatch blog. (Image by flickr user abejorro34 (CC BY-NC 2.0))   There are many impressive numbers related to Germany’s Energiewende… » read more

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In its EU funds spending plans, Slovakia has shown commendable dedication to making bioenergy more sustainable. Taking over the EU presidency in June, it will have a unique chance to apply its expertise to improve European regulations on biomass.   by Miroslav Mojzis cross-posted from the Bankwatch blog   After pressure from Slovak non-governmental organisations,… » read more

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While the Energy Community yesterday failed to consider more stringent air pollution rules for the Western Balkans, a new report quantifies the health costs of the region’s coal burning both within the region itself as well as in the neighbouring European Union. by Ioana Ciuta, cross-posted from the Bankwatch blog I often hear that countries… » read more

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Current EU support is not just a distraction from the energy path Ukraine needs to take, it also puts countless communities in Ukraine and abroad at risk. by Iryna Holovko, Ukrainian campaigner for Bankwatch (cross-posted from the Bankwatch blog) European decision makers had good intentions, but in their efforts to help ensure Ukraine’s energy security,… » read more

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No-one will ‘freeze to death’ if the planned lignite-fired power plant in Kosovo does not receive support from multilateral development banks, but if it does, low-income households may well end up choosing between electricity and food. How can an institution, whose very mission is to end poverty, justify this project? by Visar Azemi, Coordinator at… » read more

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The European Investment Bank’s track record stands in stark contrast to its pose as a hero in the fight against climate change. by Anna Roggenbuck, cross-posted from the Bankwatch blog As declarations emerge from Paris about the billions and trillions of dollars needed to combat the affects of climate change, the world’s largest public lender,… » read more

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