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A Lesson for Dr. Kim and the World Bank as It Ponders the Kosovo Coal Project

Source: Justin Guay, Huffington Post

When Dr. Kim, President of the World Bank, and leaders of other international financial institutions ponder funding new coal power projects this year -- like the one in Kosovo -- there's one word that should be seared into their memories: Sostanj.

The scandal-marred lignite plant TES 6 in Slovenia will likely cost 1.44 billion euros

Source: , Balkans Business News

The scandal-marred lignite plant TES 6 at Sostanj in Slovenia will likely cost 1.44 billion euros (2 billion US), more than double than what was initially predicted, and is due to produce annual losses of 50 million euros, show calculations recently revealed by Slovenian media. These cost escalations, predicted by NGOs critical of the project, should constitute a word of caution for other countries in South-Eastern Europe that are considering building new coal capacities

UPDATED: Slovenia continues to fall into the economic abyss of the lignite plant at Sostanj

Ljubljana – The scandal-marred lignite plant TES 6 at Sostanj in Slovenia will likely cost 1.44 billion euros (2 billion US), more than double than what was initially predicted, and is due to produce annual losses of 50 million euros, show calculations recently revealed by Slovenian media. These cost escalations, predicted by NGOs critical of the project, should constitute a word of caution for other countries in South-Eastern Europe that are considering building new coal capacities.

Trains, planes and citizens' mobility - Axeing of Polish airport plan brings calls for improved train connections via EU funds

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As countries around Europe strive in the first weeks of the year to conclude spending plans that will guide how they deploy billions of EU funds for the 2014-2020 budgetary period, last week saw a welcome move in Poland with the shelving of a controversial airport proposal that had been in line for EU support.


Przemek Kalinka

Przemek is not working for Bankwatch anymore.

For Bankwatch's work on EU funds in Poland, please consult Izabela Zygmunt

EBRD set to backtrack on environmental and social safeguards

A draft released yesterday of the Environmental and Social Policy of the European Bank for Reconstruction and Development shows that, instead of strengthening the policy to provide for better implementation, the bank opens several loopholes which ensure that approval of financing is achievable for problematic projects.

[Campaign update*] New legal complaint on Plomin C

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Zelena akcija/Friends of the Earth Croatia has submitted a complaint to the Croatian Constitutional Court as part of its ongoing campaign to prevent the construction of the Plomin C power plant, which would be run on imported coal.


Bosnia and Herzegovina breaches Energy Community Treaty commitments, says official NGO complaint

Banja Luka – Bosnia and Herzegovina is failing on its Energy Community obligations by allowing Stanari lignite plant to pollute 2-3 times more than EU standards, shows an official complaint submitted today by NGOs Center for Environment from Banja Luka and ClientEarth to the Vienna-based Energy Community Treaty secretariat.

Complaint against Bosnia and Herzegovina for failing to comply with Energy Community Law

By allowing the Stanari lignite plant to pollute 2-3 times more than EU standards, Bosnia and Herzegovina is failing on its Energy Community obligations. This official complaint was submitted by NGO Center for Environment from Banja Luka to the Vienna-based Energy Community Treaty secretariat.

Is the Western Balkans the new Desertec?

Source: Paul Hockenos, European Energy Review

available upon request

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