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How Europe’s bank spends cash for climate undermines Paris commitments

The EU’s 28 finance ministers will be meeting tomorrow (May 23) to discuss the priorities of the European Investment Bank (EIB) for the coming year. A new analysis finds the bank’s contribution to Europe’s response to the climate crisis has been worryingly insufficient and needs to be stepped up.

The winners and losers of climate action at the European Investment Bank

This analysis of the bank’s climate action is based on the climate action database disclosed by the EIB. The database includes projects which were signed in 2016 and classified in line with the methodology approved by the bank in its Climate Strategy.

[Campaign update] Court confirms attacks on Ukrainian villagers are related to poultry business

The Court of Appeal of the Cherkasy region in central Ukraine sided with community activist Nina Martynovska from the Ratseve village who was brutally beaten because of her opposition to the construction of poultry farm facilities by Peremoha Nova, a subsidiary of Ukrainian agribusiness giant MHP.

The court decision from April 12 thus confirmed an earlier ruling by the Chyhyryn district court that the incident was related to “a conflict [...] over the chicken farm” between the victim and the attacker.


MHP: Is compliance with Ukrainian law satisfactory for the EBRD?

In spite of massive backing by public financial sources, Ukraine’s monopolist poultry producer does not implement relevant EU and EBRD standards, and the EBRD has said it is satisfied that the company’s operations are in compliance with national law, which is anyway not the case at present.

Concerns regarding the EBRD's Project Complaint Mechanism and recommendations for improvements - letter to EBRD directors

This letter to the European Bank for Reconstruction and Development's Board of Directors summarises civil society organisations' concerns regarding bank's Project Complaints Mechanism, specifically the handling of several complaints, and makes specific recommendations for improvements, based on experience with these cases and with the accountability mechanisms of other institutions.

Regarding the Energa Hybrid Bond project

An inquiry from Polish and European NGOs to the EIB about its planned support of EUR 250 million for the modernisation and extension of Polish utility Energa’s electricity distribution network.

New cases at UN and EU bodies against Ukraine's prolongation of nuclear licenses

As pressure from civil society and governments is mounting, UN and EU bodies acknowledge Ukraine’s lack of accountability for plans to extend the lifetime of its nuclear fleet. The country could be found in breach of international law. Once again.


New life for old nukes in Ukraine means more risk for people and planet

A decision today by Ukraine’s nuclear regulator to extend the operations of another Soviet-era reactor has been made in spite of the country’s failure to implement fully the obligations it took on when receiving EU funding for its ageing nuclear fleet.

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