In the wake of last month’s Volkswagen (VW) emissions scandal, a Politico story, based on a Bankwatch analysis, revealed that the car manufacturer enjoyed generous public financial support from the European Investment Bank (EIB). But the full picture is even more disturbing.
Video and pictures from a public action agains lifting the coal mining limits in the Czech Republic that so far have saved towns from being resettled.
The EU’s bank turns its back on Europe’s long term climate goals
October 8, 2015 | Read more
It appears that before approving the European Investment Bank’s new climate strategy, the bank’s Board of Directors has removed a reference to the European Union’s long-term decarbonisation objectives as a guidance for the EIB’s climate action.
Although World Bank research and documents acknowledge the limitations of public-private partnerships the bank continues to push PPPs despite concerns.
European financial institutions and Serbian authorities have failed to address the human impacts of resettlement in Serbia’s lignite mining fields, a new study shows.
Financing the post-2015 agenda – the problematic role of development banks
September 24, 2015 | Read more
The heavy involvement of international financial institutions in the post-2015 development agenda raises serious questions for civil society around the world on whether the SDGs will manage to address the root causes of inequality, poverty and environmental degradation.
