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Energoatom is currently unable to serve loans from European institutions. Even though a European Commission study assessed the company’s credit worthiness Ukrainian taxpayers now have to pay back part of the loans. by Ana-Maria Seman, cross-posted from the Bankwatch blog Difficulties are piling up for Ukraine’s state nuclear operator Energoatom whose accounts remain frozen since… » read more

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Ahead of a referendum in the Netherlands on the association agreement between the European Union and Ukraine, Olexi Pasyuk from the National Ecological Centre of Ukraine discusses the agreement’s importance for Ukraine’s civil society and why Europe must still improve how it engages with the country. by Olexi Pasyuk, cross-posted from the Bankwatch blog. (The… » read more

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Current EU support is not just a distraction from the energy path Ukraine needs to take, it also puts countless communities in Ukraine and abroad at risk. by Iryna Holovko, Ukrainian campaigner for Bankwatch (cross-posted from the Bankwatch blog) European decision makers had good intentions, but in their efforts to help ensure Ukraine’s energy security,… » read more

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With Ukraine’s ongoing fight for sovereignty and integrity emphasising once more the country’s energy vulnerability in front of Russia, the need to radically reform the Ukrainian energy sector became crucial for the survival of the country. And yet, moves in this direction are way too slow. Despite positive rhetoric on the need to prioritise energy… » read more

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The European Bank for Reconstruction and Development praises its own achievements in the agricultural sector. A look at Ukraine, however, reveals how sustainable food provision, local communities and the quality of soil are falling by the wayside with the bank’s focus on big industrial operations. by Natalie Kolomiets, cross-posted from the Bankwatch blog Over the… » 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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During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland – a rather rash endorsement of the controversial technology. posted on the Bankwatch blog by Ionut Apostol, Bankwatch energy campaigner In February this year the EBRD’s managing director for energy… » read more

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Responses to the EBRD’s justification for financing nuclear lifetime extensions In an unprecedented effort to defend its support for Ukraine’s nuclear programme the EBRD publicly replies to some of our objections. Several colleagues sent us their (sometimes outraged) rebuttals, which we include here in our rejoinder to the bank’s arguments. posted on the Bankwatch blog… » read more

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A recent audit showed that Ukraine lacks good management at least as much as finances to reform its energy sector. EU money is meanwhile siding with a tainted company. by Iryna Holovko, Ukrainian campaigner for Bankwatch In our attempts to promote the development of renewable energy in Ukraine, we constantly hear from officials: “We’re a… » read more

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