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Zeleni pritišću financijske savjetnike za TE Plomin C

Source: N. D., Energetika-Net

Od francuske banke Credit Acricole traži se da prestane financijski savjetovati HEP

Analysis of compatibility of the Plomin C coal plant with Credit Agricole's energy policies

The analysis, by Friends of the Earth France and Croatia, Zelena Istra, CEE Bankwatch Network and BankTrack, screens the risks of the 500 megawatt Plomin C coal power plant project proposed for development in the picturesque Istrian peninsula in Croatia, a popular international tourist destination. It concludes that French bank Crédit Agricole's support for the project is inconsistent with the bank's climate ambitions and its own sector policy on coal-fired power plants. according to a new study released today.

[Campaign update] Romanian government support for controversial power plant project to be made public, EBRD loan cancelled

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Bankwatch’s Romanian chapter has been granted access to environmental information included in a letter sent by Romania's Ministry of Economy in support of a loan from the Euoprean Bank for Reconstruction and Development (EBRD) to Oltenia Energy Complex (OEC), Bucharest's administrative court ruled yesterday.

The letter will shed light on the nature and extent of the government's support for the project, and whether it was in line with EU regulations.


Letter: Substantial amendments needed for EIB climate strategy

The European Investment Bank's draft Climate Strategy, although it presents a few interesting technical opportunities, does not constitute a fully-fledged strategy: it lacks strong and measurable objectives, relevant action plans and clear implementation timelines to support those objectives. Bankwatch, urgewald, Counter Balance and WWF Europe therefore ask the EIB to make substantial amendments to the draft in the following three areas: energy efficiency, the cimate action target and the emissions performance standard.

[Campaign update] Petition to clean up southeast Europe's energy system

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By now regular readers of the Bankwatch blog will know that the energy system in southeast Europe is corrupt, dirty and inefficient. But we now have an opportunity to change it.


Investigation launched into Mongolian iron ore mine financed by European Bank for Reconstruction and Development for impacts on local communities

Updated September 10, 2015*

Amsterdam/Ulaanbaatar/Prague - Last week, the independent accountability mechanism of the EBRD announced it will investigate *the Bank's compliance with its environmental and social standards at a mine it finances and is operated by Altain Khuder in the Gobi-Altai region of Mongolia. The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.

Azerbaijan: Sport for Rights coalition condemns sentencing of journalist Khadija Ismayilova

The Sport for Rights coalition strongly condemns the sentencing of Azerbaijani journalist Khadija Ismayilova to a staggering 7.5 years in jail. On 1 September, the Baku Court of Grave Crimes convicted Ismayilova on charges of embezzlement, illegal entrepreneurship, tax evasion, and abuse of office. Ismayilova was acquitted of the charge of inciting someone to attempt suicide. Sport for Rights considers the charges against Ismayilova to be politically motivated and connected to her work as an investigative journalist, particularly her exposure of corruption among the ruling Azerbaijani elite.

Dirty fuel, dirty money

Source: Lee Williams, Contributoria

Despite their pledges to fight climate change, banks are still investing in fossil fuel extraction

Imagine the scenario. You are a committed eco-warrior. You save water, turn off your lights, cycle or use public transport whenever possible; you boycott companies and products that harm the environment; you’ve even cut down drastically on meat and dairy products, all to do your bit for the planet. Then one day you discover that, against your knowledge, you are directly funding climate change. How on earth could that be, you might be forgiven for asking?

Energoatom lawsuit against Ukrainian activists is the latest attempt to stifle public debate over an ageing nuclear energy fleet

A Kiev court held yesterday the first hearing in a case brought by Energoatom, Ukraine’s state-owned nuclear power plants operator, against the National Ecological Centre of Ukraine (NECU), a civil society group, member of the CEE Bankwatch Network.

Coal fouls Balkans’ EU ambitions

Source: Kalina Oroschakoff, Politico

The western Balkans aren’t buying in to the EU’s energy policies.

The western Balkans are hoping to join the European Union one day, but governments across the region are investing in new coal-fired power plants at a time when the EU is championing renewables and energy efficiency.

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