Home >> Our Work >> Our Themes >> Transport

Transport

Road and air transport are among the biggest sources for CO2 emissions. The European Union's (EU) climate change commitments imply an urgent need to de-carbonise transport sector.

Nonetheless, investment policies and practices of the EU, its Member States and the European Investment Bank (EIB) continue to prioritise these sectors with large new infrastructure projects. Specifically in central and eastern Europe (CEE) road transport is increasing rapidly, thus threatening the European Union's (EU) own emission reduction targets.

Bankwatch advocates for a clear a shift in public funding from carbon-intensive and environmentally damaging to more sustainable transportation modes.

Impacts on climate and biodiversity

Europe's transport sector in its current shape is a fundamental threat to any emission reduction targets of the EU, especially when taking developments in central and eastern Europe into account.

At the same time, Bankwatch is concerned about infrastructure projects that clash with some of the most unique natural habitats in central and eastern Europe.

Read more

International financial institutions' role in the transport sector

IFIs should provide crucial funding for an often notoriously underdeveloped public transport infrastructure. This would not only serve the majority of citizen's in their countries of operation, but also help decarbonising their transport sector.

Read more

 


Search 'Transport' projects by

Tasked with stimulating the European economy, the new investment fund may just become an extention of the European Investment Bank’s normal lending with very limited additional (green) finance.

EIB
EU Funds
Energy & climate
Transport
Social & economic impacts

With the spotlight bright on Volkswagen for cheating in emission tests, the EU's house bank must now come forward and show exactly what it has done to ensure proper oversight over its loans to the company.

EIB
Transport

The Struma motorway, part of the Trans European Corridor N4 Sofia-Athens is planned to go directly through the Kresna gorge, a NATURA 2000 site, and the town of Kresna - even though a comprehensive agreement stipulated in 2007 that this route would be avoided.

EU Funds
Transport

Saaremaa is the biggest Estonian island (40,000 inhabitants) and an important recreation destination with some 250,000 visitors per year. Famous for its picturesque landscapes, the island's vulnerable ecosystems are in danger of being sacrificed for an expensive bridge construction.

EU Funds
Transport

The Bosnian section of the international Corridor Vc is planned to run for 330 km through Bosnia and Herzegovina. Concerns about environmental impacts and threats to cultural heritage were raised by local people and cultural figures. The public discussions about the project have led to a series of scandals and a deadlock of the motorway's development.

EBRD
EIB
Transport
Other harmful projects