Bankwatch

Archives for energy policy

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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In an open letter sent today to the President of the European Bank for Reconstruction and Development 54 civil society organisations follow up from last weeks consultations on the bank’s new energy sector strategy and ask the president to ensure that the EBRD addresses the challenges of climate change with the urgency it deserves. We… » read more

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“Poland will continue to back coal (…) The future of Polish energy is in brown and black coal, as well as shale gas,” said on Tuesday Polish Prime Minister Donald Tusk, speaking at an event of the extractive industry. cross-posted from the Bankwatch blog This is, of course, the same Donald Tusk that will host… » read more

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With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths. by Pippa Gallop, cross-posted from the Bankwatch blog During this week’s EBRD consultation meetings on its new energy sector strategy it… » read more

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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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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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