Bankwatch

Archives for European Bank for Reconstruction and Development

Europe’s false solutions for Ukraine’s energy woes

March 9, 2016

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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Climate & Environment, Energy, Europe's East, Nuclear Energy

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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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In Albania, oil’s history casts long shadows over locals

February 21, 2014

The findings of a visit to the EBRD sponsored Patos Marinza oil field in Albania show how local development and investments in resource extraction often do not go hand in hand. The case provides valuable lessons for the revision of the EBRD’s safeguard policies. by David Hoffman, cross-posted from the Bankwatch blog I first visited… » read more

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

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GMOs, water grab and ice cream for the masses – the EBRD gets involved with Nestlé Egypt

February 13, 2014

by Sophie Delaval, cross-posted from the Bankwatch blog The EBRD’s board of directors yesterday approved a USD 20 million loan for the expansion of Nestlé Egypt food production company. Leaving aside the question whether Nestlé – one of the world’s largest companies from one of the world’s richest countries – really qualifies for multilateral development… » read more

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Arab Spring, Global Europe, Sustainable Development

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New arrests link corruption with land expropriation at Serbian Kolubara mine

September 11, 2013

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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Energy, fossil fuels, Sustainable Development

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Energy consultations reveal lack of strategic thinking at the EBRD

September 6, 2013

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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Climate & Environment, Energy, EU Priorities 2020, Europe's East, fossil fuels, Sustainable Development

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Nordic countries ‘no’ to coal is a glimmer of hope for EBRD energy lending

September 5, 2013

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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Climate & Environment, Energy, EU Priorities 2020, Europe's East, fossil fuels, Sustainable Development

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PPPs “poor in practice” admits new EBRD-financed study

July 22, 2013

Despite collecting impressive evidence from 20 years of failed public-private partnerships in central and eastern Europe, an EBRD-financed study by the Economist Intelligence Unit concludes to continue using the controversial financing scheme. by Pippa Gallop, cross-posted from the Bankwatch blog A few days ago I did a double-take when the EBRD sent out a press… » read more

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Corporate Europe, Euro & Finance, Europe's East, Sustainable Development, Transport

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New facts are busting energy myths

July 18, 2013

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

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A tale of neglect: Energy finance figures from the Western Balkans

June 25, 2013

The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region. by Pippa Gallop, cross-posted from the Bankwatch blog I’ve been living in Croatia on and off… » read more

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Climate & Environment, Energy, Energy Efficiency, Energy Supply, EU Priorities 2020, Europe's East, fossil fuels, 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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