Over 120,000 petition development banks to Save the Blue Heart of Europe and drop destructive hydropower in the Balkans
Press release | 21 June, 2018London, Prague, Radolfzell, Vienna – Representatives from the Save the Blue Heart of Europe campaign to save Europe’s last remaining wild rivers [1] handed in a petition endorsed globally by more than 120,000 people, calling on international development banks to rein in financial support for hydropower projects in the Balkans.
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Revealed: EIB supporting major Israeli environmental offender
Blog entry | 18 June, 2018In the Israeli Environmental Protection Ministry’s annual ranking, Israel Chemicals has been topping the lists of corporate environmental offenders. For the EIB, the company has “sound environmental policy” which justifies a quarter of billion euros for supporting R&D of specialty chemicals. Ahead of the first anniversary of the Ashalim spill, which originated from an ICL subsidiary’s chemicals plant, a new Bankwatch analysis questions the EIB’s engagement with the company.
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The cost of turning a blind eye: EIB lending to Israel’s ICL
Publication | 18 June, 2018The toxic wastewater spill from the Rotem Amfert plant that caused a severe environmental disaster in Ashalim Stream, Israel, in late June 2017 joins a long list of pollution events the company has been responsible for through the years. In fact, even
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At 60, EU public bank needs fundamental reform – civil society groups
Press release | 18 June, 2018The European Investment Bank (EIB) needs to end its investment in fossil fuels and boost support for sustainable energy, reinforce its public accountability, and prioritise human rights, a group of 21 European NGOs write in a letter to EU finance ministers.
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Nenskra complaint to the European Investment Bank
Publication | 1 June, 2018In our opinion, the European Investment Bank (EIB) has failed to comply with the Standard 7 by not respecting the status of Svans as indigenous peoples. The Bank did not fulfill its environmental and social standards: it ignored the project’s significa
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European Ombudsman requests more lending transparency from European Investment Bank
Press release | 24 May, 2018Brussels — The European Ombudsman has asked the European Investment Bank (EIB) to increase transparency in its lending activities.
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Leaving Paris, the European Investment Bank steps on the gas
Blog entry | 12 February, 2018Distancing itself from the EU’s climate commitments enshrined in the Paris Agreement, the European Investment Bank has effectively taken a U-turn in its energy lending last week when it approved a record loan for the Trans Adriatic Pipeline.
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Smoke and mirrors: why the climate promises of the Southern Gas Corridor don’t add up
Publication | 30 January, 2018The aim of this study is to quantify the fugitive emissions produced along the fossil gas supply chain of the Southern Gas Corridor, focusing on extraction and transmission operations.
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Guest post: One beast with many heads – a hydropower hydra in the Balkans
Blog entry | 21 December, 2017A visit to six mountain rivers and nine small dams in Macedonia exposed similar problems with many of them.
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European-financed small hydropower plants damaging pristine Balkan landscapes – study
Press release | 20 December, 2017Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures.
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