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Archives for lignite

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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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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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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Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected. by Zvezdan Kalmar, cross-posted from the Bankwatch blog Recent developments in Serbia forebode gloomy times for the country’s energy company EPS. After the European Bank for Reconstruction and Development’s confirmation on Friday that… » 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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Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever. Guest post on the Bankwatch blog by Barbara Kvac, Climate campaigner for Focus, Slovenia In the beginning of March, the European Investment Bank and the European… » read more

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