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Comments on EBRD's draft energy strategy

Bankwatch's detailed comments on the draft energy sector strategy of the European Bank for Reconstruction suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank's fossil fuel lending. It also contains comments on other energy sources, carbon markets, energy systems, carbon capture and storage, nuclear safety, and in an additional annex it lays out sustainability criteria for hydropower development.

Summary of Bankwatch's comments on EBRD's draft energy strategy

In our full comments on the draft energy sector strategy of the European Bank for Reconstruction Bankwatch suggests the introduction of an emissions performance standard at the level of 350 gCO2/kWh for the bank's fossil fuel lending. This document summarises the most important points made and a collection of most recommendations.

Guest post: Polish open pit lignite mine in Lubin challenged in front of Constitutional Court

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The Lubin municipality in south-western Poland, under threat by Polish government plans to build a new open-pit lignite mine, is taking its case to the Polish Constitutional Court.


A message to EBRD President Suma Chakrabarti

In an open letter sent today to the President of the European Bank for Reconstruction and Development 54 civil society organisations follow up from last weeks consultations on the bank's new energy sector strategy and ask the president to ensure that the EBRD addresses the challenges of climate change with the urgency it deserves. We reproduce the letter's content here.


A comeback to Polish prime minister Tusk's backing of coal

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“Poland will continue to back coal (…) The future of Polish energy is in brown and black coal, as well as shale gas,” said on Tuesday Polish Prime Minister Donald Tusk, speaking at an event of the extractive industry.


Of horses and roads - protests in Ukraine highlight lack of safety

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Demonstrations in Kiev have shown that road safety is not only for cars but also pedestrians and other traffic participants - a lesson that the Ukrainian road company still needs to learn and that the European Bank for Reconstruction and Development should be teaching more actively.


Energy consultations reveal lack of strategic thinking at the EBRD

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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.


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

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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.


Thousands remind the EBRD that coal is not an option

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The European Bank for Reconstruction and Development received a little surprise visit this week from 16 000 voices against coal.


Pressure builds on EBRD to quit coal lending

The European Bank for Reconstruction and Development lags behind other major international financial institutions that are moving away from supporting dirty energy projects.

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