EIB transport lending is not just on a wrong track but hardly on tracks at all
Blog entry | 6 June, 2011Bankwatch’s EIB team leader Anna Roggenbuck, on her way to consultations on the European Investment Bank’s transport policy, has crunched the numbers of the bank’s transport sector lending. The result: while exhibiting a strong faith in future technological solutions the EIB is fuelling increased carbon emissions across Europe.
Read moreSlovenian government drops support for Sostanj coal plant; European public banks must follow suit
Press release | 5 May, 2011Ljubljana, Slovenia — CEE Bankwatch Network and Slovene NGO FOCUS are calling on the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to review their plans to provide 650 million euros in loans for the controversial 600 MW TES 6 block at Slovenian lignite plant Sostanj.
Read moreThe sun ain’t shining over Khimki Forest
Blog entry | 4 May, 2011The Khimki Forest in Russia might see its end signed and sealed this month. But Russian activists have continued their actions to defend Khimki forest also today by carrying out a citizens’ inspection to prevent the still illegal felling of trees.
Read moreVinci concession exposed as cover for oligarchs and tax havens in Russia’s first road PPP
Press release | 30 April, 2011An opaque web of offshore companies and oligarchs behind the controversial Moscow–St. Petersburg motorway public-private partnership provides new grounds for the Russian government to re-examine the project, according to new research by CEE Bankwatch Network and the Movement to Defend Khimki Forest, published today.
Read more20,000 backing Khimki activists calling on Vinci to end involvement in Moscow – St. Petersburg motorway
Blog entry | 28 April, 2011More than 20,000 people have signed a petition to demand Vinci’s withdrawal from the construction of a highway section through the Khimki Forest in Russia.
Read moreIgnoring Chernobyl lessons: How EU ‘energy security’ expands nuclear industry in Ukraine
Press release | 26 April, 2011Kiev — On the 25th anniversary of the Chernobyl nuclear catastrophe, while the world still struggles with the aftermath of the Fukushima disaster, CEE Bankwatch Network issues a startling report showing how plans of the Ukrainian government to build 22 new nuclear reactors and extend the lifetime of old Soviet reactors are indirectly supported with European public money as part of the long-term EU energy security strategy.
Read moreNGOs welcome EP call on EIB to phase out fossil fuels lending
Press release | 7 April, 2011Strasbourg — Voting today on the 2009 annual report of the European Investment Bank (EIB), the European Parliament (EP) has called on the bank to “bring its operations fully into line with an EU objective of a swift transition to a low-carbon economy and to adopt a plan for the phase-out of fossil fuel lending.”
Read moreCampaign against Vinci’s participation in Moscow St. Petersburg motorway project launched
Blog entry | 30 March, 2011While much of the debate around the Moscow St. Petersburg motorway project has centred around the behaviour of the Russian authorities, the Movement to Defend Khimki Forest is now targeting French construction giant Vinci and asking the company not to sign an additional agreement with the Russian authorities, expected in mid-April.
Read moreDon’t turn Ukraine into a nuclear energy source for the European Union!
Blog entry | 29 March, 2011Bankwatch member group National Ecological Centre of Ukraine is asking the European Investment Bank (EIB) on inaugurating its Kiev office March 25 not to support nuclear development in Ukraine .
Read moreNGOs call for investigation into EIB financing for the Mediterranean region
Press release | 23 March, 2011Counter Balance and CEE Bankwatch Network are calling for an investigation into the European Investment Bank’s (EIB) financing in the Southern Mediterranean region in the past, before giving the bank a leading role in distributing European financial support for the region.
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