European Commission criticises the EIB’s role as a development bank
October 11, 2019 | Read more
The European Commission recently published an evaluation of EIB development operations under its External Lending Mandate during the period 2014-2018. The Commission’s findings confirm our previous assessments and repeated calls for improvements in the fields of transparency, human rights due diligence and development impacts of EIB projects.
A half trillion euro subsidies scheme and part of the so-called Juncker Plan, the European Fund for Strategic Investment (EFSI) has been portrayed by its promoters, the European Commission and the European Investment Bank as a major success story, albeit with little evidence to back such claims.
Climate neutrality or annihilation?
October 3, 2019 | Read more
Today’s announcement by Estonia to reach climate neutrality by 2050 rings hollow given the country’s plans to increase shale oil production.
In Estonia, taming the IT tiger
September 26, 2019 | Read more
In parallel to the UN Climate Summit, Bankwatch sends our experts on Just Transition to Estonia to share with locals the experience from coal mining countries that have started to develop action plans for regions that would need to go through re-development due to coal phase-out.
First large-scale solar district heating plant in the Baltics opens in Latvia
September 24, 2019 | Read more
In the town of Salaspils, Latvia, the sun will now provide most of the energy for heating water during warm months.
Strike! Bankwatch and Fridays for future
September 20, 2019 | Read more
Beginning September 20, millions of people across the globe will be joining the #GlobalClimateStrike week of action, showing political leaders that people everywhere want no more excuses and bad faith – action on climate should happen today and be radical.
