Bankwatch blog

The total costs of the Boskov Most hydropower plant project in Macedonia will possibly cost more than twice the projected EUR 84 million, considering that many aspects have so far not been studied or remain unresolved.

As the pilot phase of the EU Project Bonds Initiative is coming to an end, a roundtable discussion in the European Parliament takes stock of the initiative.

With Ukraine’s ongoing fight for sovereignty and integrity emphasising once more the country’s energy vulnerability in front of Russia, the need to radically reform the Ukrainian energy sector became crucial for the survival of the country. And yet, moves in this direction are way too slow. Despite positive rhetoric on the need to prioritise energy efficiency, some European donors such as the European Bank for Reconstruction and Development continue with business as usual, spending huge resources on large infrastructure projects that do not address the country’s immediate need for improved energy security.

As anti-coal movements are gaining momentum around the world, two new websites offer a slew of information about the dirtiest of fossil fuels and the campaigns against it. They also offer a stark reminder that despite progress in the last years coal is far from dead.