Bankwatch

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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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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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Documents obtained by Bankwatch provide more details for a European Investment Bank statement that its loans to Volkswagen may have been connected to the car makers use of cheating devices to rig emission tests. by Anna Roggenbuck, cross-posted from the Bankwatch blog. With each passing day since Bankwatch revealed the European Investment Bank’s massive support… » 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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Just a few weeks before leading international climate negotiations at the COP 19 in Warsaw, and in the face of the new IPCC report’s dire conclusions, the Polish government is again obstructing European emissions reduction ambitions. cross-posted from the Bankwatch blog “The European Commission wants to set new climate goals for 2030,” Polish Deputy Prime… » read more

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A new law that will redraw the Czech Republic’s approach to renewable energy is suspected to bring the development of the Czech renewables sector to a standstill and instead provide a boost for the country’s fossil fuel sector. by Ondrej Pasek, cross-posted from the Bankwatch blog No sooner had Polish prime minister Donald Tusk reaffirmed… » 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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