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The European Commission, an EBRD shareholder that should start acting like one

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Recent Balkan hydro projects suggest the European Commission could make much better use of its shareholder role in the European Bank for Reconstruction and Development.


Energy Security for whom? For what?

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A new report by The Corner House critically examines the notion of “energy security,” one of the buzzwords in European politics used to justify controversial infrastructure projects like the Nabucco gas pipeline or high voltage transmission lines in Ukraine. Here an introduction to the report from its authors.


Out of left field: A Kyrgyz inspiration for the EBRD

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Following the publication of one official and one shadow report on the Kumtor gold mine, Kyrgyz authorities have responded to the calls of Bankwatch and other environmental groups to take a tougher stance on the Kumtor mining operations. The EBRD should follow their example.


Oil for nothing: European energy security endangers livelihoods in Nigeria

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A documentary exposes the practices and disastrous local impacts of oil extraction by European energy companies in Nigeria. Food for thought for ourselves and our political representatives at national and European level.


Khimki Forest activist arrested for holding banner during picket action

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Russian activist Yaroslav Nikitenko was arrested by police on Saturday during a legally permitted picket action in the town of Khimki near Moscow. The action was part of the campaign to change the route of the planned Moscow-St Petersburg motorway so that it avoids the Khimki Forest.


In Moscow, thousands protest destruction of Khimki Forest

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In spite of heavy policing, several thousand people yesterday rallied at a concert in Pushkin Square to voice opposition to the destruction of the Khimki Forest to make way for the EUR 1.5 billion first section of the Moscow - St. Petersburg motorway, a project that may receive financial blessings from the European Bank for Reconstruction and Development and the European Investment Bank.


New ban on cyanide mining in Hungary gives hope across the region

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A ban on all cyanide-based mining technologies on Hungarian territory that was passed by 356 votes in favour to one vote against in Hungary's parliament earlier this month has strengthened hopes of other national bans - even a Europe-wide ban - ahead of the tenth anniversary of the Baia Mare disaster next month.


New 'homes' in Serbian temporary settlements are still far from acceptable

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On 31 August 2009 the inhabitants of the Gazela informal settlement in Belgrade were resettled to temporary accommodation at four sites outside of Belgrade. After a visit conducted by partner group CEKOR in September which found a number of important issues needing to be addressed, Bankwatch carried out a follow-up fact-finding mission on 6-8 October 2009.


Harnessing the EU recovery plan for green and accountable investments

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The unprecedented economic crisis has the potential to provide a significant boost to the environment. Today, investing in a green economy and green jobs is seen as one of the top priorities for moving beyond the crisis. This unique window of political opportunity for the promotion of green investments should not be missed - and how European public money is to be used to get us out of these economic straits is on the line next week.


EBRD says NO to Vlora hydrocarbons terminal

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The European Bank for Reconstruction and Development is no longer considering financing for a controversial hydrocarbons terminal in Vlora, Albania.


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