Bankwatch

BWN trial

New arrests link corruption with land expropriation at Serbian Kolubara mine

Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week's arrests indicate that they are closely connected.

Tags: corruption energy EPS fossil fuels Kolubara lignite mining resettlement Balkans EU neighbourhood

Institution: EBRD

Theme: Energy & climate, Social & economic impacts, Mining, Balkans

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

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.

Tags: accidents Bolyarka roads safety Ukraine transport CEE EU neighbourhood

Institution: EBRD, EIB

Theme: Transport, Social & economic impacts

EBRD lags behind rivals on trading dirty coal for clean energy

September 10, 2013

Source: Fidanka Bacheva, Tim Ratcliffe, The Guardian

The European development bank's focus on fossil fuels has had a negative impact on communities. It's time to change direction

Institution: EBRD, EIB, Export credit agencies, World Bank Group

Theme: Energy & climate, Social & economic impacts

Live online discussion: Can the EBRD lead towards sustainability?

In our discussion, Mark Campanale (Carbon Tracker Initiative), Sean Kidney (Climate Bonds Initiative) and Aleksandar Macura (Serbian energy expert) joined Bankwatch EBRD coordinator Fidanka Bacheva McGrath to discuss the economic implications of fossil fuel lending by the European Bank for Reconstruction and Development and point out ways for the bank to unite climate reason and market logic in its energy portfolio.

EBRD gives up Kolubara B lignite power plant project in Serbia

September 9, 2013

Subotica, Serbia -- The European Bank for Reconstruction and Development (EBRD) confirmed Friday September 6 that it is no longer interested in financing the 750 MW Kolubara B lignite power plant project near Belgrade in Serbia. The project is proposed by Serbian electricity company Elektroprivreda Srbija, with Italy's Edison as a strategic partner.

Institution: EBRD

Theme: Energy & climate

Tags: energypolicy, Balkans, EU neighbourhood

Energy consultations reveal lack of strategic thinking at the EBRD

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.

Tags: coal EBRD energypolicy fossil fuels health participation petition public action stranded assets Baltics Caucasus CEE Central Asia EU neighbourhood Southern Mediterranean

Institution: EBRD

Theme: Energy & climate

Why should the EBRD stop financing coal?

September 6, 2013

Source: Fidanka Bacheva, Tim Ratcliffe, Reuters Point Carbon

http://www.pointcarbon.com/news/cme/1.2556951 (PDF available upon request)

Institution: EBRD

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

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.

Tags: climate coal declaration EBRD energypolicy fossil fuels green investments Balkans Baltics Caucasus CEE Central Asia EU neighbourhood Southern Mediterranean