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CEE Bankwatch Network Profile
CEE Bankwatch Network

@ceebankwatch

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Green groups from central and eastern Europe making int'l public finance #EIB #EBRD #ADB #EUfunds work for people and the planet https://t.co/JHLP7fwcGJ

central and eastern Europe
Joined February 2009
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@ceebankwatch
CEE Bankwatch Network
6 months
As part of our ongoing efforts to align with our core values, we’ve made the decision to step back from X (formerly Twitter) and shift our focus to platforms that better support our mission. As of now, this account will no longer be active. In recent years, we’ve observed a rise
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@ceebankwatch
CEE Bankwatch Network
6 months
RT @UzbekForum: #Compliance? Accountability? Remedy? Nope - #cotton producer #Indorama Agro in #Uzbekistan has prepaid its loans @EBRD & @I….
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@ceebankwatch
CEE Bankwatch Network
6 months
RT @ember_energy: NEW | Solar generates more EU electricity than coal for the first time in 2024 🇪🇺☀️. Renewables made up nearly HALF of th….
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@ceebankwatch
CEE Bankwatch Network
6 months
🌍 We're looking for an Energy Transformation Campaigner to help lead the charge in the Western Balkans. If you're passionate about tackling fossil fuels, promoting sustainable energy, and pushing for a zero-carbon future, this is your chance to make a real impact. 💡 Be part
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@ceebankwatch
CEE Bankwatch Network
6 months
🏞️ The unique ecosystem of the Răstolița river in Romania is under threat from the Răstolița hydropower project, a relic of the communist era. Designed over 30 years ago, this outdated project will destroy protected habitats, wipe out one of the last breeding grounds of the
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@ceebankwatch
CEE Bankwatch Network
6 months
5/ See more in our briefing:
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@ceebankwatch
CEE Bankwatch Network
6 months
4/ Financial institutions have to consider this when deciding on energy projects. The briefing therefore urges international financiers who wish to facilitate the heating transition in the Western Balkans to prioritise genuinely sustainable energy such as solar, geothermal, heat.
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@ceebankwatch
CEE Bankwatch Network
6 months
3/ Our new briefing shines a light on the risks of planned forest biomass projects in Serbia and Bosnia and Herzegovina. In both countries, the report shows, burning biomass is accompanied by inadequate management, laws, and enforcement. No-one even truly knows how much wood is.
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@ceebankwatch
CEE Bankwatch Network
6 months
2/ Among others, they need to stop financing misguided biomass district heating projects that fuel deforestation and air pollution. Burning primary forest biomass, despite being regarded as renewable energy by EU law under some circumstances, in fact aggravates the climate.
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@ceebankwatch
CEE Bankwatch Network
6 months
🌲🔥Burning trees for heating is not green energy. 1/ 🧵Development banks such as @KfW_int and the @EBRD can and must play an important role in the Western Balkans’ energy transition. But they must take into account the region’s poor environmental enforcement and stick to
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@ceebankwatch
CEE Bankwatch Network
6 months
6/6 This investigation is an important step toward accountability. Public development banks must ensure their investments benefit to communities. ℹ️ Read more here:
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@ceebankwatch
CEE Bankwatch Network
6 months
5/6 CSOs have identified 80+ cases of retaliation such as security services & officials who systematically harass workers who speak out. Monitors face criminal threats, workers blocked from attending rights workshops & union activities.
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@ceebankwatch
CEE Bankwatch Network
6 months
4/6 Assessments by experts at the request of the lenders highlighted issues such as unsafe working conditions, delayed payments, no communication on contract conditions, weak grievance mechanisms, and worker intimidation.
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@ceebankwatch
CEE Bankwatch Network
6 months
3/5 CSOs found that farmers were pressured to give up their land leases. Despite the devastating economic impacts, of all the affected farms, only 90 individuals were ultimately deemed eligible for livelihood restoration benefits.
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@ceebankwatch
CEE Bankwatch Network
6 months
2/6 The $130M project, funded by the @EBRD and @IFC_org, aimed to modernise cotton production. However, brought significant economic hardships for workers, with 5,418 people losing jobs and 9,070 seasonal positions eliminated.
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@ceebankwatch
CEE Bankwatch Network
6 months
1/6 🧵 The @EBRD’s accountability mechanism has opened an investigation into the Indorama Agro cotton project in Uzbekistan after concerns were raised about human rights violations. 👇👇👇. #accountability #EBRD
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@ceebankwatch
CEE Bankwatch Network
6 months
ℹ️ Our report ‘Cohesion policy at a crossroads’ highlights the upcoming mid-term review of EU funding – a critical moment for central & eastern Europe. Instead of prioritising short-term reallocations, this is the time to set ambitious targets for carbon neutrality.
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@ceebankwatch
CEE Bankwatch Network
6 months
🪫 Fossil gas makes up only 3 per cent of Bosnia and Herzegovina’s energy supply. But the Federation’s government has announced plans to gasify the whole entity. This is completely detached from reality and must be stopped. It’s high time for the European Commission to clearly
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@ceebankwatch
CEE Bankwatch Network
6 months
🚨The Western Balkan countries’ Reform Agendas include environmentally damaging investment projects, including gas pipelines. Yet the @EU_Commission still approved them. Together with @CANEurope, we’ve asked for a formal review. 📰Read more:
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@ceebankwatch
CEE Bankwatch Network
6 months
RT @alicemhancock: The European Investment Bank fears "reputational disaster" if it has to comply with new EU reporting rules, according to….
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