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UK companies 'linked to Azerbaijan pipeline bribery scandal'

Source: Jamie Doward, The Guardian

Alleged payments to Italian MP before key European debate scrutinised

The Bratislava bypass - a public-private partnership to get around traffic problems and debt statistics

In this report, Bankwatch and Counter Balance trace the murky story of the Bratislava bypass, a EUR 1.76 billion project supported by the Slovak government and promoted as the biggest project in central eastern Europe that was guaranteed through the European Fund for Strategic Investments (EFSI).

Revealed: the EU's flagship energy project is built by companies with a legacy of corruption

No less than 15 firms contracted to build the Trans Adriatic Pipeline (TAP) and the Trans Anatolian Pipeline (TANAP), the two main sections of the so-called Southern Gas Corridor, have been implicated in various forms of corruption in the past, according to a CEE Bankwatch Network report published today.

Risky business - Who benefits from the Southern Gas Corridor

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The Southern Gas Corridor, a string of pipelines meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills and is set to benefit from some of the biggest loans in the history of European public banks. But as this report reveals, Europe's flagship energy project is set to benefit a host of companies and individuals with a particularly shady track record. Several companies contracted to build the Southern Gas Corridor have a worrying history of corruption.

'Southern Graft Corridor' or the shady history of companies involved in Europe's pet energy project

A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor.


Skeletons are hiding in the closet of Europe's energy policy - letter to Maroš Šefčovič on the EU's support for nuclear energy

Accompanied by a public action, Bankwatch and Global 2000 presented European Commission vice-president Maroš Šefčovič with this open letter. The letter points out the inconsistencies behind European public money supporting lifetime extension of soviet era nuclear reactors in Ukraine, which are made in violation of international environmental conventions and with insufficient implementation of safety requirements.

So far, the EU's support for Ukraine is a bad precedent for nuclear decision-making across Europe. It is time to set things straight!

Backdoor for coal subsidies remains half open under new EU rules

While it may seem like a gesture to coal-dependent countries such as Poland, the Winter Package of EU energy market rules, presented yesterday (30 November), will make using coal subsidies more difficult.


The sound and the fury: new film documents the plight of communities near Romanian coal plant

Oppressive noise and a cloud of dust engulf the residents of Roșia de Jiu and Rogojel, villages located next to Romania’s Rovinari power plant. In a new video, Bankwatch Romania has documented the toll that producing coal energy is having on these communities that live near the lignite mines, transport belts and power plant at Rovinari.



The best laid plans - Why the Investment Plan for Europe does not drive the sustainable energy transition

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This report analyses projects approved by the European Fund for Strategic Investments (EFSI) in its first year of operation. The fund should catalyse €315 billion in new investment, and play an important role in the fight against climate change. However, as the analysis finds, during the EFSI's first year an additional €1.5 billion was earmarked for fossil fuel infrastructure, and 68% of transport investment is destined for carbon-intensive projects.

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