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EIB blogs

The writings on the European Parliament's wall: Make the EIB choose a brighter future

May 15, 2012 | by Sven Haertig-Tokarz

Ahead of the European Investment Bank's annual meeting, Counter Balance and Bankwatch have chosen an unconventional way to remind the EIB shareholders of the bank's chequered track record.

EIB
Energy & climate
Social & economic impacts
austerity, EIB, euro crisis, growth, public action, sustainability, video
The medium-sized EIB bazooka - Europe's people and environment must benefit this time around

May 11, 2012 | by Greig Aitken

As it begins to dawn on Europe's elite that fiscal austerity is not working after all, the European Investment Bank is once again the talk of the EU as decision-makers scramble to stimulate national economies that are hemhorraging jobs and living standards - and hope - across the continent.

EIB
Social & economic impacts
austerity, credit crunch, EIB, EU, euro crisis, eurozone
Europe's energy games are not child's play

April 23, 2012 | by David Hoffman

A new campaign video illustrates Europe's self-absorbed approach to its energy policy outside Europe. (A blog entry Cross-posted from the Counter Balance blog.)

EIB
Energy & climate
Social & economic impacts
Other harmful projects
climate, coal, development, energy grab, EU neighbourhood, oil, resource, video, human rights, energy security, EU
Poland's anti-climate gamble continued

April 18, 2012 | by Kuba Gogolewski

Poland's application for free emission allowances is a disgrace to European climate goals. If granted, the country's fossil fuel centred plans would mean a step back for Europe's plans to decarbonise its energy sector.

EIB
Energy & climate
carbon market, climate goals, coal, derogation, ETS, EU, Poland, fossil fuels
Suspension or no suspension, the EBRD freezes disbursements for the Šoštanj lignite power plant

April 18, 2012 | by Piotr Trzaskowski

With the decision to freeze the disbursement of a loan for the Šoštanj lignite power plant in Slovenia, the European Bank for Reconstruction and Development seemingly reacts to the many controversial points Bankwatch and other organisations have raised about the project.

EBRD
EIB
Energy & climate
coal, corruption, EU, Sostanj, TES6, fossil fuels, success
Khimki Forest activist wins Goldman Environmental Prize

April 16, 2012 | by Pippa Gallop

One of this year's winners of the Goldman Environmental Prize is Russian Khimki Forest defender Evgenia Chirikova, but the good news is being overshadowed by continued violence against other Khimki activists.

EBRD
EIB
Transport
Social & economic impacts
activism, CEE, corruption, forest, Goldman, prize, road, Vinci, human rights, PPP, success
Campaign asks UniCredit to 'get out of coal'

April 12, 2012 | by Sven Haertig-Tokarz

Pressure is growing not only on international financial institutions but also on private banks to stop financing fossil fuels.

EBRD
EIB
Energy & climate
accountability, banks, campaign, coal, petition, Slovenia, UniCredit, fossil fuels
Energy Security for whom? For what?

February 28, 2012 | by Nicholas Hildyard, Larry Lohmann, Sarah Sexton

A new report by The Corner House critically examines the notion of “energy security,” one of the buzzwords in European politics used to justify controversial infrastructure projects like the Nabucco gas pipeline or high voltage transmission lines in Ukraine. Here an introduction to the report from its authors.

EBRD
EIB
Energy & climate
Social & economic impacts
Central Asia, energy grab, EU neighbourhood, Global South, local impacts, human rights, energy security, extractive industries
Tragedy or comedy, what is the Nabucco pipeline really?

January 19, 2012 | by Laszlo Fazekas

The announcement of German energy giant RWE to reconsider its plans for the Nabucco pipeline is just the last in a series of confusingly conflicting signals regarding the fate of this gargantuan project.

EBRD
EIB
World Bank Group
Energy & climate
Social & economic impacts
Other harmful projects
Caucasus, CEE, Central Asia, climate targets, democracy, gas, infrastructure, pipeline, human rights, energy security, fossil fuels, EU
Deja vu for Vienna II – a sustainable recovery is needed for the CEE financial sector

January 16, 2012 | by Roman Havlicek

As pressures mount on western European banks to shore up capital ratios and with 2012 economic growth forecasts for Europe falling close to zero, officials from the European Central Bank, the European Commission, and several international financial institutions (IFIs) are meeting today in Vienna with regulators from CEE countries to discuss a second round of financial support for a fragile CEE banking sector.

EBRD
EIB
Social & economic impacts
banks, CEE, credit crunch, crisis, economics, eurozone, global loans, SMEs

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