The Bankwatch Podcast

This episode explores the crucial role young people play in the just transition. Listen to our guests, Luisa Marchionni, project manager at Startup Europe Regions Network, and Joanna Jakubowska, just transition policy officer at CEE Bankwatch Network, share their valuable insights on the EuTeens4Green initiative. They discuss how young people can get involved in decision-making processes, especially when it comes to the just transition and cohesion policy.

Last month, Russia’s full-scale war against Ukraine entered its third year. Since February 2022, Bankwatch and our civil society partners in Ukraine have been closely monitoring the country’s remarkable resilience in facing the challenges of war while trying to meet its immediate reconstruction needs. How have reconstruction efforts advanced over the past two years? And is Ukraine’s recovery green and participatory enough?

In our first episode of 2024, we shift the focus from our campaigns and projects to the bigger questions that will frame the work of Bankwatch, our civil society partners from Central Europe to Central Asia, and the field of international public finance in the coming year and beyond. It’s a big year ahead for our 5 main areas: energy transformation and EU funds, the fossil fuel phase-out, democratisation and human rights, biodiversity and finance, and cities for people. So what can we expect in 2024? Bankwatch’s strategic area leaders share their predictions!

2023 was an eventful year for many of our campaigns. In this year-end episode, we review highlights and achievements in 4 different areas of our work at Bankwatch. Branka Španiček discusses the state of Europe’s rivers in the context of hydropower, Christophe Jost talks about the EU’s energy transition, in particular the REPowerEU plan, Joanna Jakubowska shares her views on the just transition, and Anna Roggenbuck dissects the European Investment Bank’s problematic approach to transparency and public participation.

Climate change has a major impact on urban life, and cities are a major source of greenhouse gas emissions. International investors are spending billions to help cities tackle environmental problems and adapt to the climate crisis. But are these investments really transformative for the people who live there? Are these billions also making cities more liveable, just and accessible? In this episode, Fidanka Bacheva-McGrath and Saša Jovanovic (Bankwatch) discuss international public investments in cities from eastern Europe to Central Asia, focusing on recent transformations, challenges and opportunities in the urban transport and waste sectors. Bermet Borubaeva, a researcher and activist in Kyrgyzstan, shares her insights about the issues with Bishkek landfill.

The European Bank for Reconstruction and Development (EBRD) is set to adopt a new mining strategy for 2024-2028. In a draft document, the Bank announced its intention to increase investments in the sector, as more critical raw materials are needed for the green transition. But given the mining industry’s appalling history of environmental pollution, human rights abuses and reprisals against activists, the EBRD must do much more to prevent harm and reduce demand. Read about the problematic mining cases that Bankwatch has monitored in the past: Amulsar gold mine, Adriatic metals, Oyu Tolgoi.

Just as the EU is working to end its dependence on Russian fossil gas imports, and the climate crisis is wreaking havoc throughout the world, some European governments are just as keen to channel billions of euros to cement the dependence on fossil gas. In this episode, Raluca Petcu (Bankwatch Romania) and Krzysztof Mrozek (Polish Green Network), discuss a recent report they co-authored, that revealed that the Romanian and Polish governments have together earmarked nearly EUR 4 billion from various EU funds for a raft of fossil gas projects that threaten to derail the energy transition in the two countries.

On 16-18 May 2023, the European Bank for Reconstruction and Development (EBRD) held its Annual Meeting in Samarkand, Uzbekistan. This year, human rights violations, shrinking civic space and marginalisation of communities in Central Asia were particularly high on our agenda. In our new podcast episode dedicated to the EBRD Annual Meeting, we interview some of our civil society partners working in the region. Activists from Central Asia share their concerns about human rights and gender equality in Kyrgyzstan, the EBRD’s approach to human rights due diligence in Uzbekistan, the challenges faced by the LBGTIQ community in Central Asia, and more.

The scramble for fossil gas supplies to replace imports from Russia, triggered by the war in Ukraine, has driven governments in the Baltics to prioritise plans for liquified fossil gas – commonly known as LNG. But this LNG infrastructure spree is reckless. In this episode, Liene Krauja of Green Liberty in Latvia and Johanna Kuld of the Estonian Green Movement discuss the implications of this rash approach and what the latest developments mean for the Baltic energy transition. They say the focus of the Lithuanian, Estonian, Latvian and Finnish governments should be on enhancing regional cooperation. The actual priority should be to accelerate the energy transition with a view to ending dependence on fossil gas altogether.

Listen to Katerina Rakovska, Bulgarian biodiversity campaigner, and Thomas Freisinger, EU policy officer at EuroNatur, talk with our host Michaela Kožmínová, Bankwatch communications officer. We discuss the main barriers and bottlenecks at the national level in central and eastern Europe that are preventing an increase in the quantity and quality of EU funds for biodiversity. Our experts also provide recommendations on how we can more effectively use EU funds for nature conservation and restoration. For more, see our report: Biodiversity on the brink: What's holding back financing for nature in the EU? - Bankwatch This publication was produced in collaboration with EuroNatur under the framework of joint research and advocacy work financed by EURENI.

One year ago, Russia started a full-scale invasion of Ukraine. To face the damages, Ukraine’s and international efforts to plan the reconstruction and rebuild the country, are underway. On 24 February 2023, we look back and evaluate the progress in Ukraine’s reconstruction planning throughout the past year. What worked well and what didn’t? And what will be the next steps? Listen to our discussion with Anna Ackermann, Board member at Ukraine’s NGO Ecoaction and Policy analyst leading work on a green reconstruction of Ukraine at the International Institute for Sustainable Development, and Valeriya Izhyk, EU policy officer within Ukraine Reconstruction team at Bankwatch.

Territorial Just Transition Plans should steer carbon-intensive regions towards climate neutrality while addressing social, economic and environmental issues and engaging stakeholders. After two years of planning and drafting the plans, Member States should be ready to implement them. In this episode, we explore the just transition in Bulgaria and Hungary with the help of our guests Alexa Botar, climate and energy program director at Friends of the Earth Hungary, and Ventzeslava Kojouharova, just transition campaigner at Za Zemiata, Bulgaria.

This winter, hundreds of millions of people in Europe are struggling to stay warm without the usual stream of Russian gas, which makes our over-dependence on this fossil fuel more apparent than ever. In fact, about 70 per cent of the energy used for the EU’s heating still comes from fossil fuels. What needs to change to ensure sustainable heating for everyone? How can we prevent future energy crises? What are the plans for decarbonising heating and how far along are we in the process? We discuss these questions with Morgan Henley, EU heating sector decarbonisation campaigner at CEE Bankwatch Network.

REPowerEU, the European Commission’s response to the war in Ukraine and the energy crisis, has the potential to accelerate the roll-out of renewables and influence energy savings, but will the funds be used for more fossil fuels projects? In this episode we take a deep dive into REPowerEU with our guests, Olivier Vardakoulias, Finance and Subsidies Policy Coordinator at CAN Europe, and Christophe Jost, Senior EU Policy Officer at CEE Bankwatch Network.

The 2022 Lung Run is a trail running race designed to raise awareness in communities in the Western Balkans about the need to move away from polluting practices and industries. In this episode of the Bankwatch podcast we discuss the original idea behind the run, how we chose the location and where does the local community stand regarding just transition process.

While the fight to liberate Ukraine is still ongoing, discussions about the reconstruction process have already begun. Several proposals developed by a variety of stakeholders already exist. How do they reflect green reconstruction principles and the Ukrainian people’s needs? Listen to the latest episode of the Bankwatch podcast to find out.

More than four years have passed since the deadline for the Western Balkan countries to comply with pollution limits. These limits are meant to reduce the deadly impacts of coal power plants on human health and the environment. For four years, Bankwatch has been tracking the emissions of harmful air pollutants from Western Balkan coal plants. Our annual Comply or Close report assesses whether these plants’ emissions are within the legal limits, or dangerously exceed them. What is the current situation, and has anything changed in the last year? Listen to Bankwatch’s Southeast Europe energy advisor Pippa Gallop and Ioana Ciuta, energy coordinator for the Western Balkans, discuss these questions with our host Ana Kuzmanić, Bankwatch communications officer. For more about coal-generated air pollution, see our fourth Comply or Close report.

Listen to Bankwatch’s EU Policy Officer for Biodiversity Daniel Thomson and Thomas Freisinger, the EU Policy Officer at EuroNatur, talk with our host Michaela Kožmínová, Bankwatch Communications officer. We discuss a missed opportunity for addressing the biodiversity crisis in recovery plans and why the EU’s ‘green recovery’ doesn’t support nature. Our experts also provide insights into projects that may harm nature. We conclude by discussing that the cost of inaction on biodiversity loss outweighs the investments needed. For more, see our report: Behind the 'green recovery' - Bankwatch This publication was produced in collaboration with EuroNatur in the frame of the joint research and advocacy work financed by MAVA Foundation.

In our new podcast episode dedicated to the EBRD annual meeting, Michaela Kožmínová, Communications officer at Bankwatch interviews campaigners and partners about their impressions, achievements and takeaways from the Bank’s flagship event. Learn more about our advocacy on the ground including human rights due diligence, gender equality in Uzbekistan, protection of unique biodiverse nature in Bosnia and Herzegovina and Georgia and post-war reconstruction of Ukraine.

The EU is making tens of billions of euros available for the transition of European coal regions, both from the dedicated Just Transition Fund and from other budgetary sources. Countries in central and eastern Europe are in the process of finalising spending plans, to show the Commission how they want to use the cash. How far along are they in the process, how inclusive were governments of the affected communities and – the key question – are authorities in the region planning to spend the money on the right things? Miloslawa Stepnien, Bankwatch Just Transition coordinator, answers some of these questions and more, in the newest episode of the Bankwatch podcast.