EIB blames Ombudsman for not helping redact VW report
July 2, 2019
Volkswagen Group duped the European Investment Bank, from which it borrowed €400m, by not disclosing it was cheating on emissions tests. Requests by EUobserver to see the anti-fraud report however have been consistently rejected. Source: EIB blames Omb
Report warns of major air pollution in Bosnian city of Tuzla – The Washington Post
June 25, 2019
Environmental groups have called for urgent measures to combat air pollution in the central Bosnian city of Tuzla, saying dust concentration far exceeds legal limits and causes premature deaths Source: Report warns of major air pollution in Bosnian cit
Чернобыль и Киев глазами туриста – о хорошем, плохом и неприглядном – новости 2000.ua
June 24, 2019
Чернобыль и Киев глазами туриста – о хорошем, плохом и неприглядном Source: Чернобыль и Киев глазами туриста – о хорошем, плохом и неприглядном – новости 2000.ua
Racing against the clock: Kenyan villagers under imminent threat of eviction by project under EU’s bank’s appraisal
June 19, 2019
Today’s European Development Days forum in Brussels with its aspirational motto ‘building a world which leaves no one behind’ is an ironic backdrop to what is happening in the remote parts of Kenya, where a whole community is facing a threat of forced eviction by a project under appraisal of the EU’s own house bank. About a hundred people were demanded to abandon their homes by tomorrow – 20 June.
A treasured World Heritage Site in Bulgaria is under threat from a trans-European road network – Equal Times
June 19, 2019
From Valentin Stoichkov’s terrace, the views over the Pirin Mountains are breathtaking. The deputy mayor of the small town of Kresna, in south-western Bulgaria, has built an extension to his family’s modest dacha (summer home) in the foothills of this
OUR PAST WORK ON: Export Credit Agencies (ECAs)
June 18, 2019
With many billions of dollars at their disposal, export credit agency finance far outpaces that of development banks and yet avoids the same public scrutiny. Most money flows into large infrastructure projects in politically-volatile countries that oft
In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year
June 10, 2019
For immediate release. Prague, Tbilisi – A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report broadcast on 8 June by the national television station Rustavi 2 [1].
EU leaders keep saying climate is a priority. Here’s something they can do
June 6, 2019
The European Investment Bank is the world’s largest multilateral lender and it keeps funding fossil fuels. Next week EU finance ministers can change that Source: EU leaders keep saying climate is a priority. Here’s something they can do
EU enlargement reports show increased concerns on Chinese financing and hydropower sustainability
May 30, 2019
This year’s EU Enlargement Package reiterates a slew of unresolved problems from previous years in the Western Balkans, but gives increased prominence to China’s role in the region and the and the need to reign in uncontrolled hydropower development.
EBRD to Stop Financing HPPs in Protected Areas – Exit – Explaining Albania
May 28, 2019
The European Bank for Reconstruction and Development (EBRD) has announced that starting from January 1, 2020 it will not finance hydropower plants (HPP) projects in areas with high biodiversity. EBRD’s new environmental and social policy sets stricter
