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European funding for a Lukoil gas project in Azerbaijan tramples the EU's commitment to both climate action and human rights

A USD 500 million loan for the share of Russian gas giant Lukoil in a major gas project in Azerbaijan has been approved yesterday by the Board of Directors of the European Bank for Reconstruction and Development (EBRD). Yet, the decision will significantly hinder Europe's commitments to decarbonise as well as to advance democracy.

Letter by Members of the European Parliament to the EBRD and Euratom regarding the Nuclear Power Plant Safety Upgrade Programme

Other versions available:
Scan of the original letter with signatures (pdf)

The request is made in the context of Ukraine's obligations under the Espoo convention, such that the EBRD and EuroAtom should "take steps for suspending the loan proceedings until a full trans-boundary EIA process for nuclear units lifetime extension is launched and carried out in accordance with international treaties to which Ukraine is a party."

MEPs challenge EU financial support for Ukraine's Soviet-era nuclear fleet

Twenty-five (updated: 4:45pm, CET) Members of the European Parliament (MEPs) have signed a letter today urging the European Bank for Reconstruction and Development (EBRD) and Euratom to suspend their financial support for Ukraine's ageing nuclear reactors until the potential environmental impacts of their prolonged operation in Ukraine and on neighbouring countries are fully assessed.

The letter is available on the Bankwatch website.

Bankwatch input for review of European Neighbourhood Policy

Āris Ādlers, attīstības projektu eksperts Ukrainā, Gruzijā un Moldovā

Source: Momentuzņēmums, Latvijas Televīzija

TV story on the May 2015 agribusiness fact-finding mission to Ukraine (in Latvian).

Azeri regime stifles criticism ahead of European Games. European lender must finally take measures.

UPDATE 1 12h CET 12 June 2015

Platform have taken to the streets of London to protest the opening of the European Games. See a video of the action below, and read more in their book published Friday, All that glitters, which explores how the European Games belong to the Aliyev regime and the British oil company BP and how sport is being co-opted in the service of a dynasty and fossil fuels.

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Possible coal and energy State aid cases in Energy Community countries based on publicly accessible information

By signing the Energy Community Treaty in 2005, countries in the Western Balkans, Ukraine and Moldova agreed to abide by the European Union's competition rules. But a number of energy sector investments are being planned that may not so far have taken adequate account of state aid rules. This briefing includes case studies of projects from Bosnia-Herzegovina, Kosovo, Montenegro, Serbia, and Ukraine.

See related materials including a more detail briefing, a press release and a slideshow at:

Italian mayor stands up against EU priority gas pipeline

Local opposition against the Trans-Adriatic gas pipeline (TAP) is growing as an Italian mayor made clear in an open letter to the European Commission and European public banks.


Illegal coal subsidies could cost south-east European countries dearly, warns new study

Prague - New investments in coal mines and power plants could cost the Western Balkans and Ukraine dearly if they fail to take into account binding rules on subsidies (State aid), according to a new briefing released today by CEE Bankwatch Network.

Risks for coal and electricity investments in the Western Balkans, Ukraine and Moldova due to state-aid rules

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By signing the Energy Community Treaty in 2005, countries in the Western Balkans, Ukraine and Moldova agreed that the European Union's competition rules are to be applied also within their territory. A number of energy sector investments are being planned that may not so far have taken adequate account of State aid rules. This briefing therefore provides a summary to draw attention to relevant requirements of EU law and highlight the risks of failure to take them into account when planning investments. The account when planning investments.

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