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Archives for Climate & Environment

Western Balkan countries have ambitious plans to increase their electricity generation over the next years. But what will happen if they all become a regional energy hub? Will there be a demand for all the available electricity? by Pippa Gallop, cross-posted from the Bankwatch blog Hardly a week goes by without the media in the… » read more

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A report published today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank’s own standards and is plagued by a slew of other weaknesses. by Dajana Berisha Executive director, Forum for Civic Initiatives, Kosovo; cross-posted from… » read more

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Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are just gearing up to offer a one billion dollar loan to Russian company Lukoil for gas extraction in Azerbaijan. by Fidanka Bacheva McGrath, cross-posted from the Bankwatch blog Half… » read more

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The European Investment Bank is gearing up for an increased role in spurring growth in Europe as set out by the new Juncker Commission. Yet as Europe’s 2030 climate targets are being undermined by some countries the bank that wants to be a leader in climate action must keep in mind that we can no… » read more

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A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia’s energy efficiency and renewables generation would… » read more

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Montenegro’s new draft energy strategy needs cutting down to size if environmental and economic damage is to be avoided. by Pippa Gallop, cross-posted from the Bankwatch blog Looking at the Montenegro government’s draft White Paper on the country’s Energy Development Strategy until 2030, due to be approved on June 19, you would never think that… » read more

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It’s not that easy to pull off a celebratory mood this 1st of May, even though on this date we mark the anniversary of 10 years since most of central and eastern Europe joined the European Union. by Claudia Ciobanu, cross-posted from the Bankwatch blog Europe’s coming out of the economic crisis is murky, far-right… » read more

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A highly problematic Danube dam project has found its way into the Slovak Operational Programme for the Cohesion Policy spending in the 2014-2020 period and has become a small scandal in the country. by Roman Havlicek and Miroslav Mojzis, cross-posted from the Bankwatch blog Following publication of this blog, a meeting was requested and convened… » read more

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The Partnership Agreement (the main strategic document underpinning the new Cohesion Policy) is the place to state not only intentions but commitments, yet the latter are missing in Slovakia’s EU funds blueprint for now. by Miroslav Mojzis, cross-posted from the Bankwatch blog The EU funds programming process in Slovakia is gaining speed as it enters… » read more

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by Ivo Kropacek, cross-posted from the Bankwatch blog The Czech Republic’s long-standing difficulties in realising major waste incinerator schemes via EU funds investments have taken a turn for the worse in recent weeks as the European Commission has poured cold water on the country’s incineration plans, both as they apply to the 2007-2013 EU funding… » read more

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