Azerbaijan, the European Neighbourhood Policy and the EU’s energy interest
Publication | 17 November, 2015Azerbaijan has been a part of the EU Neighbourhood Policy since 2004 and has enjoyed substantial support through investments in the energy sector. As a result of cooperation on energy projects, the EU is today Azerbaijan’s main trading partner, with bilateral trade amounting to more than EUR 16.7 billion in 2014. But while the European Commission’s 2014 progress report on Azerbaijan stressed the good progress in the EU’s partnership with Azerbaijan, problems for ordinary Azeris are increasing.
Read moreExecutive summary: the Eastern Neighbourhood Region and the EU’s energy interests
Publication | 17 November, 2015Since the early 1990s, the EU has actively sought the development of both the oil and gas sectors in former Soviet republics. Energy security, the cornerstone of the EU’s foreign policy became the driving force behind the European Neighbourhood Policy. Investments through the EU’s Neighbourhood Policy Instrument and public banks have supported the development of unsustainable energy systems in most Eastern Partnership (EaP) countries. Like in other countries, the EaP region received more for fossil fuels than renewable sources of energy.
Read moreTunisia case study: the EU and energy in the Arab countries
Publication | 17 November, 2015The European Bank For Reconstruction and Development states that it is “supporting energy efficiency and the development of a sustainable energy sector” and “financing private enterprises, with a focus on SMEs” among its four priorities for Tunisia. In this briefing, the Tunisian Observatory of the Economy (OTE) argues in its assessment of EBRD activities during the period 2012-2014 that it is difficult to find EBRD investments in line with their stated strategy of focusing on SMEs and a sustainable energy sector.
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Infographic: How EU development funds fuel climate change
Publication | 17 November, 2015A Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition. This infographic belongs to a report presented in November 2015 to the European Parliament. See the report’s excutive summary >>
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The energy dissonance: How EU development funds fuel climate change while leaders talk decarbonisation
Press release | 17 November, 2015EU leaders repeatedly voice commitments to spearhead the global effort to tackle climate change, primarily through long-term decarbonisation targets. But a Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition.
Read moreExecutive summary: European public money for the energy sector in countries of the European Neighbourhood Policy
Publication | 17 November, 2015Countries of the European Neighbourhood have received a boost to their energy sectors in the last decade, thanks in part to the prominent role played by the EU as a catalyst of both policy reforms and financing. This paper is the executive summary of an upcoming study that examines EU financing for the energy sector in 16 countries of the European Neighbourhood between 2007 and 2014.
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Ukrainian court backs state attempt to stifle public debate on ageing nuclear fleet
Press release | 29 October, 2015Kiev – Today a Kiev court ruled in favour of a defamation lawsuit brought by the Ukrainian state against a civil society organisation, thus backing the government’s attempts to suppress public debate on the country’s ageing nuclear fleet.
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EBRD policy breaches at Serbia coal mine confirmed by bank’s own complaint mechanism
Press release | 29 October, 2015Prague, Belgrade – A day after the Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a new EUR 200 million loan for Serbia’s electric utility Elektroprivreda Srbije (EPS), an internal review at the Bank finds that it breached its own environmental and social policy when approving the previous EUR 80 million loan to the same company.
Read moreComments to the EBRD’s draft gender strategy
Publication | 22 October, 2015In spite of positive elements the EBRD’s Draft Strategy for the Promotion of Gender Equality is unclear or appears to lack consistency in some parts. More importantly, the EBRD’s failure to take a rights-based approach to gender equality has resulted in a limited vision of gender equality of economic opportunity “as a key tool” for promoting efficient market transition. By making the business case for gender equality this approach may ensure stronger ownership of the Strategy by the bank, but it is a missed opportunity for aligning the Strategy with the bank’s unique Sustainable Development mandate. Without a persuasive presentation of the EBRD’s strategic approach to safeguarding gender rights, the draft of the Strategy lacks justification for choosing to promote women while refusing to protect them.
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[Campaign update] MEP Rebecca Harms criticises Ukrainian nuclear operator for its lawsuit against activists
Blog entry | 21 October, 2015Nuclear 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.
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