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Shale tale: Unconventional gas and the European Bank for Reconstruction and Development

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During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland - a rather rash endorsement of a controversial technology.


Energy efficiency becoming more central to future EU spending in the Czech Republic - thanks to NGO calls

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Energy efficiency has now become a priority for EU funding in the Czech Republic for the forthcoming 2014-2020 budgetary period.


Divesting from coal is not ideology but climate science - a reminder for the EBRD

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The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch's EBRD campaign team to react.


No end in sight for EBRD coal finance

Istanbul – With the 2013 EBRD annual meetings underway and in spite of repeated commitments to sustainability, the bank is set to continue financing coal projects that will dangerously aggravate climate change.

Ukraine's nuclear expansion plans under fire from UN body, EBRD 'safety loan' called into question again

In a landmark ruling laid out in a March 25 letter to the Ukrainian Ministry of Environmental Protection, the Implementation Commission of the United Nations Espoo Convention has deemed that Ukraine’s plans to expand the lifetime of its old nuclear reactors is in breach of the convention – the same convention that Ukraine ratified in 1999. Ukrainian campaigners believe that this should lead the EBRD to halt the disbursement of a EUR 300 million ‘nuclear safety’ loan agreed with Ukraine’s state nuclear operator just days prior to the issuing of the Espoo verdict.

Health impacts of coal quantified - public lenders urged to act

The findings of a recent report entitled ‘The unpaid health bill: How coal power plants make us sick’, released by the Health and Environment Alliance (HEAL), detail the health impacts of existing coal in Europe and quantify the associated costs of mortality and chronic respiratory and cardiovascular disease due to coal pollution.

New EBRD Environmental and Social policy needs climate muscle and tightened safeguards for protected areas

If there is one sector in which the EBRD has been causing particular controversy in recent years, it is the energy sector. From lignite in Slovenia to hydropower in Georgia and nuclear in Ukraine, the bank has financed a series of projects that have incurred opposition from various quarters. Now that the EBRD is revising its Environmental and Social Policy it's time to take a look at what needs to be learned from these projects.

More questions than answers - the EBRD's new country strategy for Russia

The new EBRD country strategy for Russia that will apply for 2013-2015 attracted input and comments from several human rights and environmental watchdogs, among them Human Rights Watch, WWF, Greenpeace and Bankwatch. As part of the consultation on the new strategy, NGOs expressed concerns about the current political and social situation in Russia as well as the dangers of natural resource development. The comments were incorporated into the strategy document but it remains unclear if NGOs were able to influence actual decision-making.

Dire straits - EBRD backing for oil transportation in the Kerch Strait appears belatedly on public radar

A European Bank for Reconstruction and Development loan to the SVL group, granted with no public oversight, threatens new oil-related catastrophes.

EBRD Public Information Policy review should look to EU and US transparency advances

This year's flurry of reviews to EBRD sectoral, country and operational strategies has given civil society organisations plenty to think about and provide input on. However, in the case of at least one of the reviews, we already have a pretty good idea what we will say. Because we've said it before – several times.

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