ha,ha,ha! Cica sa nu faci ce face popa... ia uite la ce i-a dus mintea pe
raii astia de ecologisti! pai, asta-i hartzuiala, mai, draga ;)))

Codruta
======================

FOR IMMEDIATE RELEASE: February 11 2005

Energy embarrassment for the EBRD

London (UK)/Kiev (Ukraine) -- CEE Bankwatch Network has today taken up its
concerns with the President of the European Bank for Reconstruction (EBRD),
Jean Lemierre, that the EBRD is violating its own environmental policy by
failing to use renewable energy for the supply of the electricity to its
London head office. In contrast, the World Bank announced at the end of last
year that it will purchase renewable energy for all the electricity usage in
its Washington headquarters. [1]

The EBRD's Environmental Policy states that, "In its internal operations,
the EBRD will pursue the best practices in environmental management,
including energy and resource efficiency, waste reduction and recycling. The
EBRD will seek to work with suppliers and subcontractors who follow
similarly high environmental standards.
These issues will be taken into account in EBRD's headquarters and Resident
Offices." [2]

However, during recent public consultations which have been taking place
across Europe as part of the EBRD's preparation of its new energy policy,
bank staff admitted that they do not currently use any of the UK's
renewables schemes to power its City of London headquarters.

Bankwatch is one of a broad range of national and international
non-governmental organisations engaged with the EBRD in discussions that it
is hoped will lead to the bank's future energy lending in the eastern Europe
and central Asia developing along more sustainable lines.

Yury Urbansky of CEE Bankwatch Network commented, "This unfortunate
oversight from the EBRD begs a few questions about its credentials for
sorting out our region's unhealthy dependency on fossil fuels and nuclear
energy. The EBRD ought to rectify things at home but more fundamentally, if
noises from within the bank about wanting to increase energy efficiency and
decrease excessive emission levels across eastern Europe and central Asia
are to be made credible, the EBRD also needs to rectify its overall energy
lending practices.

Public lending for damaging mega projects such as the Baku-Ceyhan pipeline
and, potentially, the Sakhalin II project in the Russian Far East must be
consigned to the recycle bin of history."

Between 1991 and the 2003 the EBRD committed over EUR 3 billion in the
energy sector, of which EUR 200 million has gone to energy efficiency and
renewables projects. The EBRD is accepting comments to the existing energy
policy until the end of March and the new policy will be drafted shortly
thereafter. This draft will then be open for commenting for 45 days before
the subsequent adoption of a new policy by the EBRD Board of Directors which
is expected to take place in the summer.

For more information, contact:
Yury Urbansky
Tel: + 380 44 494 03 54
Email: [EMAIL PROTECTED]
Notes for editors:

1. World Bank press release, "World Bank To Purchase 100 Percent Renewable
Energy For Headquarters" (December 21, 2004)

2. See page 5 of the EBRD's Environmental Policy (April 2003) at:
http://www.ebrd.com/about/policies/enviro/policy/policy.pdf

Greig Aitken
Media coordinator
CEE Bankwatch Network
Bratislavska 31
602 00 Brno
Czech Republic
Tel: +420-545 214 431, ext 19
================================
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