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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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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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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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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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It’s no secret that Poland is not the biggest proponent of ambitious European climate and energy policies. Rather than give Poland the extra nudge it needs to transform its increasingly obsolete energy system, the Energy Union risks sustaining – and legitimising – the Polish addiction to fossil fuels.   by Julia Krzyszkowska, cross-posted from the… » read more

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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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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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Complimented for its restrictions of coal lending, a closer look at the EBRD’s new energy strategy reveals a shocking lack of operational knowledge to implement the ambitions outlined in its executive summary. by Ionut Apostol, cross-posted from the Bankwatch blog On Tuesday this week, the European Bank for Reconstruction and Development (EBRD) approved a new… » read more

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