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A critical examination of the investment proposals for Unit 6 of the Sostanj power plant

Four investment plans have been produced for the Sostanj lignite fired power plant in Slovenia with many differences in calculations and outcomes. This review of the latest investment plan illustrates a number of shortcomings including both methodological mistakes and unsubstantiated claims.

Recommendations by civil society organisations from Central Asia on the new Development Cooperation Instrument regulation

Civil society organizations from Central Asia submitted their recommendations on the EU's new Development Cooperation Instrument (DCI). The organisations call for a structured, open and transparent decision-making process involving local civil society representatives throughout the DCI activities in order to ensure the sustainable and democratic development of their countries.

Policy comments: EBRD's Sustainable Energy Initiative 3

In recent years, the European Bank for Reconstruction and Development has paid increased attention to sustainable energy issues, enegry efficiency in particular. At the same time, the bank's Sustainable Energy Initiative (SEI) criteria need to be strengthened in line with climate science and EU policy.

Green NGOs call EBRD's loan approval for hydropower plant 'extremely irresponsible'

Source: , Croatian Times

Environmental NGOs have described as "extremely irresponsible" the European Bank for Reconstruction and Development’s (EBRD) approval of a 123 million Euro loan for the construction of the Ombla underground hydropower plant near Dubrovnik.

Concentration of funds elicits many questions

Source: Isabelle Smets, Europolitics

The question of the concentration of EU aid on a limited number of priorities defined at Community level is undoubtedly emerging as one of the sensitive points of the negotiations on the future EU cohesion policy.

NGOs condemn EBRD financing of biodiversity destruction in Croatia

Zagreb -- Croatian environmental organisations Zelena akcija/Friends of the Earth Croatia, the Croatian Biospeleological Society, Transparency International Hrvatska, Srđ je naš, Baobab, Eko Zeleno Sunce, Brodsko ekološko društvo-BED, Center for Environment (B&H), Eko-Zadar, WWF MedPO and regional organisation CEE Bankwatch Network have described as “extremely irresponsible” the approval yesterday by the European Bank for Reconstruction and Development of a EUR 123 million loan for the construction of the Ombla underground hydropower plant near Dubrovnik. [1]

European public banks must disengage with Egypt's military junta

In light of the violence against civilians on the streets of Egypt today, CEE Bankwatch Network is requesting that the European Investment Bank and the European Bank for Reconstruction and Development immediately cease discussions and negotiations with the Egyptian government and authorities on all levels about potential financial involvement in the country until the Supreme Council of the Armed Forces (SCAF) cedes power to civilian leaders, the country has a legitimately-elected civilian government in control of the army, and military trials come to an end.

Programy Panel a Zelená úsporám pomohly vytvořit 25 tisíc pracovních míst

Source: Jana Drlíková, Ceska Pozice

Studie CEE Bankwatch doporučuje investice do energetických úspor jako nástroj ke zmírnění dopadů recese.

Khudoni hydropower plant – a risky deal

The proposed Khudoni hydro power plant poses the risk of an ecological disaster in one of the most amazing highland regions of Georgia. Additionally, the economic justification of the project is doubtful because the contract with the completely unknown, offshore Virgin Islands registered Georgian-Indian Company Transelectrica Ltd, is based on the BOO (Build-Own-Operate) principle that does not promise any significant income for the Georgian budget.

EBRD support for Kolubara paving the "ash way" for development of Serbia

Linked to a slew of controversies, the Kolubara lignite mining project in Serbia is in line for support from European public banks. Corruption allegations, pollution at local level, irregularities in resettlement of local populations and not to forget a climate damaging approach to energy investments should be reason enough to find alternative options.

An updated version of this briefing is available here (May 12, 2012).

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