Bor, in north-eastern Serbia, is one of the country’s most polluted cities. While citizens protest their dirty air and water, Chinese mining company Zijin, which runs the city’s large-scale copper mining and smelting complex, is expanding its operations. This unique picture essay by Nemanja Pančić captures the industrial landscape and pollution in Bor and its surrounds.
With many DKK billions at its disposal, the Danish Export Credit agency EKF finances over 100 projects a year. For most projects, no assessment of the impact on the climate, environment, and local communities is undertaken or published, as this is not required for smaller projects or projects that are not considered high-risk by international… Continue reading Decarbonising Danish Export Credits – a case study: A critical review of the climate footprint, environmental and social due diligence and transparency in the Danish Export Credit Agency
Serbia Serbia’s purchase of missiles and armed drones made it the first European country to enter a defence cooperation with China. Serbia also allowed Chinese security forces to train on European soil. Read more Bosnia and Herzegovina Bosnia and Herzegovina has received three Chinese donations of military equipment for its army’s Engineering Corps. The last,… Continue reading Increased activity by sanctioned Chinese defence companies in the Western Balkans
Zijin Blacklisted by investors and pension funds Multilateral company Zijin currently operates a copper and mining complex in Bor. The company is accused of severe pollution in several countries and has been found to have violated the UN Convention on Biological Diversity by dumping large amounts of waste into a river in Papua New Guinea.… Continue reading Chinese companies in Serbia – disgraced in international operations
China continues to be the top financier of coal-fired power internationally. Its state-owned enterprises and development banks are constructing and financing many of the world’s new coal projects, including in Europe where up to 3.5 gigawatts of capacity is planned with support from Chinese state entities. This is increasing the risk that countries participating in… Continue reading The debacle of Chinese financed Kostolac B3 coal-fired power station in Serbia
Serbia has become a hotspot for large scale Chinese investments and lending in highly polluting industries. Some of the activities will leave a deep footprint in the environment and the rule of law. BRI-Europa presents an overview of the most problematic takeovers in the country and explain how they were approved without required transparency and procurement procedures.
Key concerns for the Tuzla 7 project There is an ongoing review by the Aarhus Convention Compliance Review Committee into Bosnia and Herzegovina’s refusal of access to justice.2 In 2019, the European Commissioner for Enlargement strongly criticized Bosnia and Herzegovina’s parliament for approving a state guarantee for a loan from China Eximbank.3This guarantee would contravene… Continue reading The problem with Tuzla 7 coal-fire power station
Danmarks Eksportkredit (EKF) er i praksis en af de mest grønne eksportkreditgivere i verden med en storandel vedvarende energi i porteføljen. Derfor er der god grunde til at styrke EKFs klimaprofil og øge transparensen, både med egne indsatser og i samarbejde med andre landes eksportkreditgivere. Dette notat gennemgår nogle eksempler på hvad der kan gøres,sammenligner… Continue reading Større klimaindsats og transparens fra EKF Danmarks Eksportkredit
While the European Union has stepped upits commitment to climate change mitigation and has set out a path to reach net zero greenhouse gas emissions by 2050, Chine continues to support coal plants in Southeast Europe, which contradict global climate imperatives, runs afoul of EU legislation on procurement, State aid and environment as well. Read… Continue reading Chinese-financed coal projects in Europe: A real and immediate threat to the EU’s decarbonisation efforts