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Uprkos Xijevoj datoj riječi, Kina nije odustala od finansiranja termoelektrana na ugalj u Bosni i Hercegovini

Pišu: Wawa Wang i Nils Resare 30/11/2021 Mile Krstić očekuje novog komšiju. Svega nekoliko stotina metara dalje od njegove kuće, pripremljeno je zemljište za izgradnju nove termoelektrane u Ugljeviku, bloka III, koji će graditi kineske i poljsko-kineske firme. Krstićevu kuću odranije okružuje velika rudarska industrija u ovom gradu. TE Ugljevik blok I, koji slovi kao… Continue reading Uprkos Xijevoj datoj riječi, Kina nije odustala od finansiranja termoelektrana na ugalj u Bosni i Hercegovini

Adding coal to the fire

Our research on China’s new and ongoing international coal-fired power deals show that while project completion rate is on the decline, and the cancellation rate of projects in a number of countries has risen during the past year, there is a risk that over 3,645 megawatts of newly announced deals from 2021 in Bosnia and Herzegovina, Indonesia, the Philippines, and Serbia, as well as over 10 GW of planned projects in six countries across Europe, Asia and Africa may receive financing or at risk of getting built and put into operation.

G20 Is Opportunity for China to Make Good on its Coal Phase-out Promise – Just Finance International

Copenhagen, 27 October 2021:- China must provide clarity on whether its “international new coal projects exit” covers existing projects during this weekend’s G20 gathering in Rome, or run the risk of building outdated, unwanted climate-warming coal-fired electricity capacity, according to Just Finance International. The commitment to exit coal projects was made by Chinese leader Xi… Continue reading G20 Is Opportunity for China to Make Good on its Coal Phase-out Promise – Just Finance International

Serbia’s pollution crisis in pictures

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.

Chinese investments is undercutting Serbian Rule of law

Foreign direct investments and loans from China have in recent years enabled some of Serbia’s largest and most polluting infrastructure projects in coal, mining and transport sectors. These particular investments have been reported to be benefiting from practices that are nothing short of undercutting legal requirements specific to procurement, transparency and environmental permitting procedures.

200+ CSOs call on world leaders to end public finance for fossil fuels in 2021

One day before world leaders meet to discuss the energy transition at the United Nations High Level Dialogue on Energy, more than 200 civil society organizations (CSOs) from over 40 countries have released a statement calling on world leaders to end international public finance for coal, oil and gas.  The statement points to International Energy… Continue reading 200+ CSOs call on world leaders to end public finance for fossil fuels in 2021

Denmark plans to phase-out fossil fuel support for export credits – whilst carbon intensive projects continue

The pending announcement from the government to phase out fossil fuel in export finance is welcome, but not enough to help Denmark meet its climate goals. A study from Just Finance shows, with zero new fossil fuel projects in the Danish export credit agency EKF’s 2019, 2020 and 2021 portfolio, it will have a minor… Continue reading Denmark plans to phase-out fossil fuel support for export credits – whilst carbon intensive projects continue

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