Publications

The Boskov Most hydropower plant would be built within the Mavrovo National Park in Croatia right where the very rare Balkan lynx lives. This official complaint to the European Bank for Reconstruction and Development argues against a loan for the project (to be decided on November 8, 2011) because of the expected negative impacts on biodiversity and the inadequate environmental assessment so far.

More information on the Bankwatch blog.

A coalition of more than 30 Macedonian and international NGOs are calling on the European Bank for Reconstruction and Development (EBRD) not to finance the Boskov Most hydro power plant in north-western Macedonia. The project would seriously damage Mavrovo national park, the largest in the country and a potential Natura 2000 site.

In August 2011, the European Bank for Reconstruction and Development (EBRD) announced that it was acquiring a stake in GV Gold, one of Russia’s top gold producers, stressing the company's willingness to meet the Bank’s environmental and social requirements.

A GV Gold subsidiary, however, carries out prospecting and plans to mine gold on a territory that is located in its entirety in a UNESCO World Natural Heritage property.

Despite numerous international calls for the discontinuation of public support for fossil fuels in the face of climate change, the EBRD continues to finance the dirtiest among them, coal. What is more, the bank plans to expand its activities in this field. CEE Bankwatch Network urges the EBRD to phase out any support for coal industry making it more competitive and disadvantaging sustainable energy.

Preparing for its expansion of operations to the Southern Mediterranean region, the EBRD, after four months of silence, held a consultation meeting with five non-governmental organisations. This briefing gives a short overview over the transparency challenges that lie behind and ahead of the affected civil society.