CEKOR

Linked to a slew of controversies, the Kolubara lignite mine in Serbia is in line for loans from European public banks. Corruption allegations, pollution at local level, irregularities in resettlement of local populations and not to forget a climate damaging approach to energy investments should be reason enough to find alternatives to lignite mining. In its letter from march 2012 to the German KfW Bankwatch member group CEKOR discusses issues related to the Kolubara lignite mining project that have not yet been clarified. Among them is the fact that the KfW's finance is indeed connected to the resettlement of the Vreoci community. CEKOR has also received an answer from KfW, in which KfW is ensuring that both banks in their project due diligence elaborated documents that will ensure project implementation in line with international standards.