How one Bulgarian tycoon could get away with gaming the EU's carbon market

This year's UN Climate Change Conference (COP29 in Baku) is just a few days away. Against armed conflicts around the world, geopolitical uncertainty and an accelerating climate crisis, the podcast returns from its year-long hiatus to look at what COP29 will be all about, focusing on the Central Asian delegations. Angelina and Boris also speak to Aliya Wedelich, media coordinator for CAN EECCA about her expectations for the conference.The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost & eurasianet and made by:Angelina Davydova, environmental/climate journalist. Editor of the magazine "Environment and Rights", co-host of the podcast The Day After Tomorrow ("Posle Zavtra"). Environmental projects coordinator with the Dialogue for Understanding e. V (Berlin). Fellow with the Institute for Global Reconstitution (Berlin). Observer of the UN climate negotiations (UNFCCC) since 2008. Expert/editor of the Ukraine War Environmental Consequences Work Group.Boris Schneider, political economist. European Programme Manager at Clean Energy Wire CLEW (Berlin). Has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team.Reports cited in the episode:10 New Insights in Climate Science 2024/25Carbon Inequality Kills2024 NDC Synthesis ReportEmissions Gap ReportJingle: Natallia Kunitskaya alias MustelideSound editing & mixing: Angelo Tripkovsky

This week, the Eurasian Climate Brief team heads to the Balkans, Bulgaria, to look into the cracks of the European Union's carbon market (a.k.a., EU ETS). In July 2021, an investigation by Eleonora Vio and Daniela Sala for the Organised Crime and Corruption Reporting Project (OCCRP) found that two Bulgarian power plants appeared to have under-declared their carbon emissions. If true, this would mean the EU ETS would have lost around 30 million euros in emissions tax. Months later in February, the European Public Prosecutor's Office (EPPO) raided dozens of offices within the country. Key to the investigation is the company tasked with verifying the emission reports,  which appears to be connected to Hristo Kovachki, the country's secretive energy tycoon and alleged owner of the coal power plants. Kovachki, whose empire almost crumbled in February, now appears to be off the hook, while the EPPO investigation has ground to a halt. So, is this the justice that awaits Europe's carbon fraudsters? And could it be that others are gaming the system as you read these lines?To answer these questions, energy journalist Evgeni Ahmadzai reports from Sofia and the Bobov Dol thermal power plant. Natalie Sauer then talks ETS corruption with him and senior investigative journalist Atanas Tchobanov.  The EPPO has not responded to our requests for comment.For more on Eleonora Vio's work, visit her website and Twitter account @elevio64. Daniela Sala's own portfolio can be consulted here and Twitter channel found @alasaleinad. Ivaylo Stanchev, a staff journalist at Kapital.bg, also contributed to the investigation.  The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Evgeni Ahmadzai is an energy journalist for Kapital.bg.Atanas Chobanov is the co-founder of Bivol.bg, an investigative outlet exposing the state-mafia nexus in Bulgaria. A veteran expert in corruption, Tchobanov has contributed to many cross-border investigation cases concerning hidden assets in Bulgaria and abuse of EU money.Production by the www.thepodcastcoach.co.uk

Climate change affects almost all sectors of human societies and life. One underrated and underreported consequence of the climate crisis is taking so-called climate migration - displacement due to climate change. The International Organization for Migration (IOM) predicts the number of "environmental migrants" in 2050 to be between 25 million and 1 billion.To find out more about this topic and, in particular, about one of the most affected regions - Central Asia - Angelina and Boris spoke to Viviane Clement, Senior Climate Change Specialist with the World Bank's Climate Change Group, Ikrom Mamadov, Director of the Youth Group on the Protection of the Environment and the National Director of the Ecological Network of Tajikistan, and Kira Vinke, Head of the Center for Climate and Foreign Policy at the German Council of Foreign Relations (DGAP). This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist originally from Russia, now based in Berlin. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina is a climate projects coordinator with n-ost, environmental projects coordinator with Dialogue For Understanding e. V,  editor of the magazine "Environment and Rights" and an expert with the Ukraine War Environemntal Consequences Work Group. Production by the www.thepodcastcoach.co.uk

Since Russia's invasion of Ukraine, Russian civil society has faced increasing repression at home. The environmental movement is no exception. While they kept communication channels open before the war, feeding the outside world precious data on the state of Russia's forests, permafrost and Arctic, large mainstream NGOs such as WWF, Greenpeace and Bellona have all been declared undesirable organisations in recent months. This makes their nation-level work near to impossible. Angelina Davydova and Boris Schneider spoke to Vitaly Servetnik, a campaigner at Russia's Friends of the Earth and the Russian Socio-Ecological Union, about the situation, as wildfires continue to engulf eastern Siberia.  Unflappable, Servetnik maintains that environmentalists within the country are as defiant and creative as ever.  This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist originally from Russia, now based in Berlin. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina is a climate projects coordinator with n-ost, environmental projects coordinator with Dialogue For Understanding e. V,  editor of the magazine "Environment and Rights" and an expert with the Ukraine War Environemntal Consequences Work Group. Production by the www.thepodcastcoach.co.uk

Air pollution has blighted Serbia for years. This is due to the country’s heavy reliance on coal, which in 2021 powered around 70% of its electricity.  Old diesel-powered vehicles and authorities move to tamper with air pollution criteria have also been part of the problem. In turn, activists have taken to the streets and courts.Our correspondents Lizi Auskery and Milivoje Pantović discuss the situation with activists, whistle-blowers and health workers in order to assess the scale of the problem. In addition, Boris speaks to Mirko Popović, the programme director of Renewables and Environmental Regulatory Institute (RERI), an organisation that conducts environmental and climate lawsuits in the Balkans. The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Production by the www.thepodcastcoach.co.uk

It’s been a year since Russia began its full-scale invasion of Ukraine.The war has killed hundreds of thousands both sides included and displaced millions of Ukrainians, while plunging the rest of Europe into an energy crisis.  Its environmental impacts have also been devastating, ranging from military chemical contamination and emissions to nuclear threats. In Russia, the government's swing towards totalitarianism has taken a severe toll on the climate and environmental movements. One silver lining: Europe's rush to cut historic energy ties with Russia appears to have accelerated the continent's green transition.Tune in for a special episode on this sombre anniversary for a discussion between Angelina and Boris on all of the above points.The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Production by the www.thepodcastcoach.co.uk

The Eurasian Climate Brief team gets together to look back on the top climate stories that have taken place during 2022 across Eastern Europe, Russia, the Caucasus and Central Asia. From to the consequences of Russia's war in Ukraine for the global energy market and climate movement, to the hopeful rise of Ukrainian climate activism and low-carbon strategies in Central Asia, join us for unique analysis of the region's trends and what they might hold in store for the year ahead.The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Production by the www.thepodcastcoach.co.uk

A little more than two weeks after the end of COP27, the Eurasian Climate Brief team takes stock on what the summit in Sharm El-Cheikh has achieved, and where it fell short: How significant is the deal on the ‘loss and damage’ fund, aimed at compensating developing countries for irreversible climate impacts? And what progress has made, if any, in the fight to phase out fossil fuels? Needless to say that all of this is to be read against the background of the Russian attack on Ukraine, the terrible consequences of which influenced much of this conference.We discuss this with Svitlana Romanko, an environmental lawyer and the founder of the Ukrainian NGO Razom We Stand. Svitlana will also brief us on her powerful protests and campaigns in the past months, from calls for a total ban on Russian fossil fuels imports to confrontations with Total’s CEO and Russian delegates.To find out more about Razom We stand, visit https://razomwestand.org/en.The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for n-ost and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Production by the www.thepodcastcoach.co.uk

As COP27 draws to a close, we take another deep dive into the impacts of Russia’s war against Ukraine on the climate negotiations and climate action at large. What were Moscow's priorities this year? How has the Russian delegation been treated by the rest of the climate community throughout the summit? Maria Pastukhova, a senior policy analyst at the climate think tank E3G, and Anna Korppoo, a research professor from the Fridtjof Nansens Institute in Norway, discuss these questions, and much more.The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for navos Public Dialogue Consultants and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Production by the www.thepodcastcoach.co.uk

Just a year ago, in the run-up to COP26 in Glasgow, we published the first Eurasian Climate Brief episode. With this year's COP on the doorstep - this time in Sharm-el-Sheikh, Egypt - we are now bringing you the first installment in our special COP27 series.Angelina and Boris speak to Baktygul Chynybaeva, a journalist and communicator with CAN EECCA, the Climate Action Network in Eastern Europe, the Caucasus and Central Asia, and based in Bishkek, Kyrgyzstan. What are the delegations coming to this conference with? What is expected to be high on this COP’s agenda? And what about civil society?The Eurasian Climate Brief is a podcast dedicated to climate issues in the region stretching from Eastern Europe to Russia down to the Caucasus and Central Asia.This episode is supported by n-ost, The Moscow Times and the European Climate Foundation, and made by:Natalie Sauer, a French British environmental journalist and English-language editor for The Conversation.  A former reporter for Climate Home News, her words have also appeared in international media such as Le Monde Diplomatique, Politico Europe, Open Democracy, Euractiv and the Heinrich Böll Foundation.Boris Schneider, European Journalism Project Manager at Clean Energy Wire (CLEW). Prior he has worked as a specialist on Eastern European climate and energy topics, amongst others for navos Public Dialogue Consultants and the German Economic Team. He graduated from the Free University of Berlin with a M. Sc. in Economics and is interested in the intersection of political economy and ecology in Eurasia.Angelina Davydova, an environmental journalist from Russia. Angelina has been writing about climate change in the region for Russian and international media and attending UN climate summits since 2008. She also teaches environmental journalism and environmental and climate policy and communication in a number of universities and regularly organises training for journalists from Eastern Europe, Central Asia and Caucasus on environmental and climate reporting. Angelina left Russia in March 2022 and is now a fellow of the journalistic programme Media in Cooperation and Transition (MICT) in Berlin.Production by the www.thepodcastcoach.co.uk