The EBRD: Fueling the future, or stuck in the past?
November 19, 2015 | Read more
A closer look at the projects that the European Bank for Reconstruction and Development has financed in the energy sector in Middle East and North African countries reveals that, despite the bank’s rhetoric about promoting sustainable energy, its balance sheet has fossil fuels all over it.
It’s no secret that Poland is not the biggest proponent of ambitious European climate and energy policies. Rather than give Poland the extra nudge it needs to transform its increasingly obsolete energy system, the Energy Union risks sustaining – and legitimising – the Polish addiction to fossil fuels.
Nuclear safety activists in Ukraine who face defamation charges by the state nuclear operator Energoatom received support from Rebecca Harms, a member of the European Parliament, recently.
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.
