EBRD tightens environmental, disclosure standards for all hydropower projects

The European Bank for Reconstruction and Development (EBRD) has unveiled its new good governance policies after conducting public consultations across 8 cities, including Belgrade, Serbia. According to its new Environmental and Social Policy, the EBRD will require its financial intermediaries to refer all high-risk sub projects, including all hydropower projects, back to the EBRD’s in-house […]

Speaking to IFIs may be only way for environmental activists to convey message to right address

Ana Colovic Lesoska, executive director at the Center for environmental research and information Eko-svest from Skopje, is one of six winners of the 2019 Goldman Environmental Prize, a first for the prestigious award to go to North Macedonia. This recognition followed Colovic Lesoska’s successful campaign to halt international lending for two hydropower plants, thereby protecting […]

Kosova e Re power purchase agreement challenged at Energy Community

Kosovar and international non-governmental organizations have filed an official complaint to the Energy Community’s (EnC) dispute settlement mechanism, challenging the legality of the power purchase agreement (PPA) for the planned Kosova e Re coal power project, which is currently awaiting ratification by the Kosovo* parliament, Bankwatch has said on its website. The complaint was filed […]

Macedonian activist wins Goldman Environmental Prize

The Goldman Environmental Foundation has announced six recipients of the 2019 Goldman Environmental Prize, the world’s foremost award for grassroots environmental activists, according to a press release from the foundation. One of the awards has for the first time gone to North Macedonia, to Ana Colovic Lesoska, who has successfully campaigned to halt international lending […]

Energy Community Secretariat urges Parliament to postpone decision on Tuzla 7 guarantee

The Energy Community (EnC) Secretariat has urged the Parliament of the Federation of Bosnia and Herzegovina (FBiH) to postpone its decision on a guarantee for the Export–Import Bank of China’s (Chexim – China Exim Bank) loan to state-owned power utility Elektroprivreda BiH (EPBiH) to build a new, 450 MW unit of the Tuzla coal-fired power […]