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Bankwatch in the media

Green jobs ‘better for EU environment and budget’

New Europe | February 9, 2012

By funding environmental programmes, the European Union can create more jobs at a lower cost, according to a new WWF report by an alliance of environmental non-governmental organisations. The report found that by giving money to green projects rather than the 2014-2020 budget, thousands of additional jobs can be created. While the EU spent nearly €1 trillion in its last budget, it did not conduct an analysis of job creation.


Australian miners test Mongolian frontier

Australian Associated Press | February 3, 2012

Mongolia is not being short-changed as foreign miners rush to take a slice of its enormous mineral wealth, Australian explorers operating in the vast Asian nation say.


EU cohesion funds spent on ‘harmful’ projects

The Parliament Magazine | February 3, 2012

A new report claims that “substantial” environmental and social harm is being caused by EU-funded projects. Friends of the Earth Europe and CEE Bankwatch Network mapped 33 “harmful” projects in central and eastern Europe with total costs of €16bn.


EU states resist plan for greener cohesion funds

ENDS Europe | February 3, 2012

Member states are opposing proposals to earmark some cohesion funds for low-carbon projects under the next EU budget and to make funding conditional on compliance with environmental laws, according to green groups. http://www.endseurope.com/28084/eu-states-resist-plan-for-greener-cohesion-funds


Kaart brengt foute EU-projecten in beeld

Inter Press Service | February 2, 2012

Tientallen door de Europese Unie (EU) gefinancierde projecten zijn slecht voor het milieu of sociaal onwenselijk. CEE Bankwatch Network en Friends of the Earth Europe hebben vandaag (donderdag) in Brussel een kaart met 33 “foute” projecten gepubliceerd. Het gaat om projecten die al van start zijn gegaan of waarvan nog beoordeeld wordt of ze voor financiering in aanmerking komen. In totaal is er 16 miljard euro gemoeid met de initiatieven.


Ecologistas denuncian obras con fondos europeos que danan el medioambiente

EFE | February 2, 2012

Bruselas, 2 feb (EFE).- La organización ecologista Amigos de la Tierra Europa denunció hoy que parte de los fondos de cohesión de la Unión Europea (UE) va a parar a proyectos que resultan dañinos para el medio ambiente y pidió que se endurezca la normativa europea para impedirlo.


Mongolia: Mining Project Leaving Herders Without Livelihoods

Global Voices Online | February 2, 2012

Mining projects in Mongolia promise development of social and economic infrastructure and a way to alleviate poverty, but on the wayside, local communities near the mines are feeling the negative impact as their environment and traditional livelihoods are affected. http://globalvoicesonline.org/2012/02/02/mongolia-mining-project-leaving-herders-without-livelihoods/


Bergbau-Bonanza in Mongolei bedroht lokale Bevölkerung und Klima

Saarländische Online-Zeitung | February 2, 2012

Berlin – Die Umweltschutz und Menschenrechtsorganisation Urgewald, CEE Bankwatch und OT Watch veröffentlichen diese Woche den Bericht über eine Recherchereise in die Mongolei (1). Darin stehen die Auswirkungen des Bergbaubooms auf die lokale Bevölkerung im Mittelpunkt. Sie werden in der Berichterstattung über den geplanten Börsengang von Tavan Tolgoi, dem weltgrößten unerschlossenem Kohlegebiet, weitgehend ignoriert (2).


Bankwatch Network: Кумтөрдө табият талкаланууда

BBC Kyrgyzstan | February 2, 2012

Эл аралык финансы уюмдарынын ишмердүүлүгүнө байкоо салган, Кошмо штаттарындагы Bankwatch Network аттуу уюм, Борбор Азиядагы алтындын эң ири кени болуп эсептелген Ысык-Көлдүн Барскон деген жеринде алтын казган Канадалык “Центерра Гоулд” компаниясын айлана-чөйрөгө олуттуу зыян келтирип жатканын жаап-жашырууда, деп айыптап чыкты. Уюмдун билдирүүсүндө, “Центерра Гоулд” жергиликтүү дарыя-булактардын суусун химикаттар менен ууландырып, бүтүндөй Борбор Азия аймагынын суу булагы болгон мөнгүлөргө коркунуч келтиргени айтылат.


EU funds spent on ‘environmentally harmful’ projects

EUObserver | February 2, 2012

BRUSSELS – Waste incinerators instead of recycling, highways running through nature parks, airports in protected areas – 33 projects in central and eastern Europe funded with €16 billion out of the EU’s regional policy coffers are “environmentally harmful”, says a study published on Thursday (2 February) by Friends of the Earth Europe and Bankwatch, a coalition of environmental NGOs. “These 33 projects are economically dubious, socially harmful and in breach of environmental law,” Markus Trilling from Friends of the Earth Europe said during a press briefing.


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