EIB accused of financing fossil fuels with climate cash
EurActiv | December 12, 2011The European Investment Bank has been accused of funding the fossil fuel industry with €16 billion of loans since 2007, more than that stumped up for any other energy source.
Europe’s Climate Action Criticized Over EIB Fossil-Fuel Loans
Bloomberg | December 12, 2011The European Union was criticized for making 5 billion euros ($6.7 billion) of fossil-fuel loans through its financial arm, while pushing for a carbon-dioxide emission-cutting policy across the 27-member bloc.
Poročilo CE Delft znižuje notranjo stopnjo donosa Teš 6
SIOL.NET/ STA | November 28, 2011Neutemeljene predpostavke omogočajo večanje tveganj in če se ta uresničijo, lahko stopnja pade celo na 5,12 odstotka, je danes ob predstavitvi metodoloških napak investicijskega programa Teša 6 dejal Geert Warringa iz CE Delft.
EBRD to suspend Ombla loan disbursement until further eco studies are completed
Croatian Times | November 28, 2011The European Bank for Reconstruction and Development (EBRD) has said it would not disburse the recently-approved 123.2 million Euro loan for construction of the Ombla hydropower plant near Dubrovnik before the environmental impacts of the project are assessed.
Concentration of funds elicits many questions
Europolitics | November 25, 2011The question of the concentration of EU aid on a limited number of priorities defined at Community level is undoubtedly emerging as one of the sensitive points of the negotiations on the future EU cohesion policy.
Green NGOs call EBRD’s loan approval for hydropower plant ‘extremely irresponsible’
Croatian Times | November 25, 2011Environmental NGOs have described as “extremely irresponsible” the European Bank for Reconstruction and Development’s (EBRD) approval of a 123 million Euro loan for the construction of the Ombla underground hydropower plant near Dubrovnik.
Programy Panel a Zelená úsporám pomohly vytvořit 25 tisíc pracovních míst
Ceska Pozice | November 21, 2011Studie CEE Bankwatch doporučuje investice do energetických úspor jako nástroj ke zmírnění dopadů recese.
Cohesion policy: Watch out for the steps back
EurActiv | November 17, 2011The European Commission’s proposals that urge member states to invest part of their regional development fund on low-carbon and energy-efficiency measures sounds very encouraging, argues to Markus Trilling of the CEE Bankwatch Network. The question that remains though is whether these proposals will be sufficient enough to secure the conditions for a sustainable regional development.
Report reveals bank transparency issues
New Europe | November 15, 2011On 15 November, the first-ever Aid Transparency Index was released by the UK based group Publish What You Fund. The index evaluated 58 major actors in the international financial institutions sector, and the results found did not reflect well on European banks.
Les ONG dénoncent les pratiques des pétroliers au Nigeria
DD Magazine | November 15, 2011Un nouveau rapport de mission au Nigeria publié conjointement par un collectif international d’ONG et d’associations environnementales dont les Amis de la Terre France dénonce un décalage entre le discours officiel de Total, Eni et Shell et les réalités constatées sur le terrain. Il montre comment l’Union européenne garantit sa sécurité énergétique au détriment de communautés locales dont elle détruit l’environnement et les conditions de vie.
