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The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog These are truly exciting weeks for climate campaigners, especially those targeting development banks and… » read more

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The European Bank for Reconstruction and Development received a little surprise visit this week from 16 000 voices against coal. by Fidanka Bacheva-McGrath, cross-posted from the Bankwatch blog During this week’s consultation meetings in Istanbul, Belgrade and Moscow, the EBRD is discussing its new energy lending strategy with NGOs from its countries of operation. As… » read more

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As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and… » read more

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by Kuba Gogolewski, cross-posted from the Bankwatch blog On Monday Polish NGOs Client Earth, Workshop for all Beings, Greenpeace, WWF and local community group Eco-Kociewie petitioned the General Director of Environmental Protection to cancel the environmental impact assessment permit for the Polnoc Power Plant in northern Poland. At a whopping 2 gigawatts, the Polnoc plant… » read more

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Guest post from Justin Guay, Sierra Club In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending. Just weeks after President Obama announced an end to US taxpayer support for overseas coal plants, two of the world’s largest IFIs, the World Bank and the European… » read more

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For the last couple of years, we have been calling on the European Investment Bank to drop coal lending. Finally, we’re starting to see some results. by Anna Roggenbuck, cross-posted from the Bankwatch blog Last Friday, the EIB published a new energy lending policy, which shall be in place for some five-six years. Already in… » read more

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Adequate decision making on energy policies must be based on accurate information and cannot rely on outdated knowledge and misconceptions. A new series of fact sheets explores the myths and facts of Europe’s energy sector. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog Energy is an important issue cutting across some of the big problems… » read more

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It may have been easy in the past for Europeans to bash the US for being retrograde when it comes to climate policies, but after last week it will get more difficult to do that. by Anna Roggenbuck, cross-posted from the Bankwatch blog Just as the world is abuzz with Obama’s new climate pledges, below… » read more

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A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development that financed the project to which it is related. posted on the Bankwatch blog by Nikola Perusic, Campaigner in Serbian Bankwatch member group CEKOR During a recent visit to… » read more

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A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to stay away. Posted by Berber Verpoest, Media officer for the Counter Balance coalition. (Cross-posted and slightly edited version from the Counter Balance blog.) “It’s your energy” goes the… » read more

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