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.
The Stanari lignite power plant in Bosnia officially starts operations today. If we are to have any hope of tackling climate change, it had better be the last one in the region.
Almost one in four euros lent by the European Bank for Reconstruction and Development in 2015 went to authoriatrian countries. The bank has clearly decided to ignore its own mandate, or else it would have to considerably shrink its business.
How to overcome the stagnation in the Czech renewable energy sector? Ending the government’s crusade against renewable support schemes would be a good starting point, writes Karel Polanecky from Bankwatch’s member group Hnuti Duha, Friends of the Earth Czech Republic.
In a meeting today, the Espoo Convention's Implementation Committee will again discuss Ukraine's compliance with the Convention's rules. A look back at the last months does not suggest a positive outcome.
If fossil fuels' grip on the Czech Republic's energy sector remains, as current plans and policies confirm, the country's support for the Paris Agreement will be nothing but a sham, writes Karel Polanecky from Bankwatch's Czech member group Hnuti Duha.
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.
Just as everyone else was going on holiday, on Friday night the Montenegrin parliament approved two decisions laying the ground for the controversial Pljevlja II lignite power plant. But a look at the project documentation released by the government shows that the project’s economics only add up with some giant leaps of faith.
In a letter to the President of the European Investment Bank from July 22, the European Union's Ombudsman Emily O'Reilly has asked the bank to review its governance arrangements to help prevent potential conflicts of interest in the bank’s governing bodies.
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