At a meeting with the directors of the European Bank for Reconstruction and Development, Bankwatch campaigners read a statement from Italian communities opposing the Trans-Adriatic Pipeline, the last leg of the Southern Gas Corridor, a 3500 km pipeline
Brussels may fine Bulgaria for its excessive air pollution. But living in Pernik, the most polluted town in Europe, remains a hazard to peoples’ health as the results of Bankwatch’s independent dust monitoring show.
Life is a living hell for families in Vreoci, Serbia, where lignite excavators have almost reached their houses. As the mine’s financier, the European Bank for Reconstruction and Development must not allow Serbian state utility EPS to create a fait accompli that leaves locals with scraps and without home.
The Nenskra hydropower plant is implemented by two state-owned institutions and likely to be funded by several publicly owned development banks. Nonetheless, information about the contested project is being held back from public scrutiny.
A new law on air pollution recently adopted by the Mongolian government is in part the result of massive demonstrations against air pollution in the capital. The new policy, however, involves even more reliance on coal.
The use of international financial institutions to manage projects within the Green Climate Fund framework has been criticised as too far removed from communities and those affected by the investments. Recently approved projects, the biggest of them administered by the European Investment Bank confirm this view, despite willingness to include civil society.
