Bankwatch

Archives for Sustainable Development

Montenegro’s Pljevlja coal plant is running out of time to secure financing

September 22, 2016

The Czech daily Hospodarske Noviny (English: “Economic Newspaper”) is reporting today that the Czech Export Bank (CEB) and export insurance agency EGAP may not be be able to finance the Pljevlja II lignite power plant in Montenegro due to new OECD rules entering force on 1 January 2017. by Hugo Charat, cross-posted from the Bankwatch… » read more

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Climate & Environment, Energy, EU Priorities 2020, fossil fuels, Sustainable Development

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Impact Assessment of Serbian Kostolac B3 coal plant nullified, two investigative reports published

August 3, 2016

Two reports by the Serbian Center for Investigative Journalism take stock of the problems surrounding the planned Kostolac B3 lignite power plant, including a recent court decision that cancelled the project’s Environmental Impact Assessment.   by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog   Bankwatch has reported time and again about controversies in the Serbian… » read more

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Climate & Environment, Energy, Energy Community, fossil fuels, Sustainable Development

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Slovakia’s EU presidency: a chance to improve European biomass regulations

May 30, 2016

In its EU funds spending plans, Slovakia has shown commendable dedication to making bioenergy more sustainable. Taking over the EU presidency in June, it will have a unique chance to apply its expertise to improve European regulations on biomass.   by Miroslav Mojzis cross-posted from the Bankwatch blog   After pressure from Slovak non-governmental organisations,… » read more

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Climate & Environment, Energy, EU Priorities 2020, Europe's East, Regional Policy, Sustainable Development

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Guest post: New report shows that New Kosovo Power Plant would worsen poverty and cripple a fragile economy

January 12, 2016

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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Climate & Environment, Energy, Energy Community, Energy Efficiency, Europe's East, fossil fuels, Sustainable Development

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Latvia and the Energy Union: biomass is a blind spot

August 13, 2015

To make sure Latvia’s energy path does not lead into a dead end for sustainability, the Energy Union should facilitate alternatives to unsustainable fuelwood. by Juris Dilba, cross-posted from the Bankwatch blog (Image by Artis Pupins – CC BY 2.0) In a series of blog posts, Bankwatch campaigners are weighing in on the implications that… » read more

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Climate & Environment, Energy, Energy Efficiency, Energy Union, Europe's East, Sustainable Development

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Europe’s Caspian gas dreams – a nightmare come true for human rights in Azerbaijan

May 14, 2015

As investors and officials are promoting a gas pipeline project from the Caspian Sea to Italy, the systematic repression of human rights in Azerbaijan is hardly on the official agenda. The Aliyev regime’s weakly veiled attempts to muzzle dissent illustrate how even the most repressive governments are acceptable partners for Europe’s pet energy projects. by… » read more

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Energy, Energy Supply, EU Priorities 2020, fossil fuels, Global Europe, Sustainable Development

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Guest post: Resettlement process for Kosovo Power Project does not comply with international standards

February 3, 2015

A report published today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank’s own standards and is plagued by a slew of other weaknesses. by Dajana Berisha Executive director, Forum for Civic Initiatives, Kosovo; cross-posted from… » read more

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Climate & Environment, Energy, Energy Efficiency, fossil fuels, Global Europe, Sustainable Development

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Energy security for Europe or profit for Lukoil?

December 4, 2014

Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are just gearing up to offer a one billion dollar loan to Russian company Lukoil for gas extraction in Azerbaijan. by Fidanka Bacheva McGrath, cross-posted from the Bankwatch blog Half… » read more

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Climate & Environment, Energy, Energy Supply, fossil fuels, Global Europe, Sustainable Development

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Can the European Investment Bank move ahead of the pack on climate?

October 21, 2014

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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Climate & Environment, fossil fuels, Sustainable Development, Transport

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A Private Affair: Report shows how development finance institutions benefit the rich in Western countries

July 10, 2014

A new report shows how private western-based companies are benefiting from multilateral development banks’ support while governments and citizens in recipient countries are delegated to the sidelines. by Claudia Ciobanu, cross-posted from the Bankwatch blog The European Network on Debt and Development (Eurodad) launched today the study A Private Affair in which it shows how… » read more

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Arab Spring, Corporate Europe, Global Europe, Sustainable Development

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Bankwatch

A green NGO network across central and eastern Europe blogging critical views on international financial institutions EU Funds, EIB, EBRD. We're in Brussels too.


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