Request regarding upcoming public consultations on Energy Sector Strategy

Following the critical decisions by the World Bank and European Investment Bank (EIB) to move away from dirty coal, our organisations are now calling on the European Bank for Reconstruction and Development (EBRD) to do the same.

The recently published report “Invest in Haste, Repent at Leisure” states that the EBRD was the largest lender in South East Europe between 2006 and 2012, and almost half of the EBRD’s energy lending has supported fossil fuels. The public consultation on the draft Energy Sector Strategy, scheduled to happen in Belgrade on September 4, will be the time to prove if they are willing to make the change.

We are concerned that these public consultations are simply “window dressing”, and that in spite of the tens of thousands of signatures and fact based analysis which support our claim that coal kills and that EBRD should get out of financing coal, will be ignored in the service of a small elite of special interest groups.

We have decided to send a public letter to the board members of the EBRD in order to ask this bank to show genuine commitment to dialogue in respect to the critical questions regarding the revision of the Energy Sector Strategy.

The letter is an initiative under the SEE SEP program (South East Europe Sustainable Energy Policy), and it is signed by 17 partner NGOs.