World Bank

Although World Bank research and documents acknowledge the limitations of public-private partnerships the bank continues to push PPPs despite concerns.

A report being presented today analyses the process with which 7000 are to be resettled for the Kosovo lignite mine and concludes that the World Bank-financed process does not comply with the bank's own standards and is plagued by a slew of other weaknesses.

When it comes to Kosovo's energy future, institution after institution has been putting most of its eggs in a 'new lignite' basket while some very reasonable alternative investment options seem to fall by the wayside.

Environmentalists and public finance watchdogs are taking to twitter today to urge World Bank president Dr. Jim Yong Kim to head his own rhetoric and reject the Kosovo coal power plant.

United in spirit with yesterday's blog post on the European Bank for Reconstruction and Development's coal lending, Visar Azemi from the Kosovo Civil Society Consortium for Sustainable Development calls on the UK government to not support the Kosova e Re lignite power plant via the World Bank and make its promise to end overseas coal financing a reality.

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.