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Bankwatch in the media

Kopp: Roffstoffe als Chance für Entwicklung nutzen

epo.de | February 1, 2012

Berlin. – Deutsche Unternehmen haben sich in einer Roffstoff-Allianz zusammengeschlossen, um sich gemeinsam an Rohstoff-Projekten im Ausland zu beteiligen. Die Parlamentarische Staatssekretärin im Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ), Gudrun Kopp, sieht darin eine Chance für Entwicklungsländer, ihre Einnahmen zu steigern. Die Erlöse müssten aber der Allgemeinheit in den rohstoffreichen Ländern zugute kommen.


Kyrgyzstan: Gold Mine Could Exacerbate Central Asian Water Woes—Report

eurasianet | January 31, 2012

Two new studies say that Kumtor, Kyrgyzstan’s largest gold mine, as well as a major government revenue source, routinely ignores national environmental legislation and restricts access to independent auditors. The mine’s operations could have a far-reaching, detrimental effect on Central Asia’s water supply, one of the reports suggests.


Mining threatens herders in Mongolia: report

AFP | January 30, 2012

BEIJING — Mining in southern Mongolia is threatening the livelihoods of herders and straining water supplies, a report said Monday, as foreign companies race to exploit the country’s rich mineral deposits.


Moscou Saint-Pétersbourg : l’autoroute de la discorde

Nouvel Observateur | January 23, 2012

La construction du premier tronçon de l’autoroute entre Moscou et Saint-Pétersbourg a commencé. Une route de 43 kms qui passe en plein cœur de la forêt de Khimki, au grand dam des écologistes. Un chantier confié à la société Vinci Concession. Reportage.


Sustainability rules over future EU regional funds

EurActiv | January 23, 2012

The EU’s next budget is likely to include the first-ever binding document setting “stronger” and “clearer” objectives for regional funds to support sustainable development.


Greening the European Investment Bank

European Voice | January 10, 2012

The EIB now promotes clean energy more – but fossil fuels still dominate its energy portfolio.


Lender Abets Europe’s Addiction to Fossil Fuels

The National | January 9, 2012

The EIB lends more to the energy sector than to any other, except transport – and its €72bn total loan portfolio last year made it a bigger lender than the World Bank.


Greening the European Investment Bank

Project Syndicate | December 23, 2011

BRUSSELS – Over the past four years, the European Investment Bank – the European Union’s house bank – has loaned €48 billion ($62 billion) to energy projects around the world. Indeed, the EIB lends more to the energy sector than to any other, except transport (and its €72 billion total loan portfolio in 2010 made it a bigger lender than the World Bank).


CEE Bankwatch Network report on European Investment Bank energy lending 2007-2010

ENDS Europe | December 12, 2011

http://www.endsreport.com/31734/cee-bankwatch-network-report-on-european-investment-bank-energy-lending-2007-2010


European Investment Bank criticised for `hypocrisy` of fossil fuel lending

Environmental Expert | December 12, 2011

The world’s biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.


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