Momentum building in Latvia for transition to a low carbon economy and independence from Russia’s gas
July 24, 2018
On 12 July, Bankwatch member group in Latvia Green Liberty brought together a group of energy experts with Krisjanis Karins, a member of the European Parliament (MEP), to foster the energy transition towards low carbon development and a sustainable energy sector for the country.
Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.