European Investment Bank confirms plans to finance Trans-Adriatic Pipeline
Blog entry | 4 February, 2015On February 2, during the annual meeting between civil society and the European Investment Bank’s (EIB) Board of Directors, the EIB revealed that the Trans-Adriatic Pipeline (TAP) was among its priority projects for 2015 in the Balkans.[*] The Trans-Adriatic Pipeline, planned to stretch from Greece via Albania and the Adriatic Sea to Italy, is part of the Southern Gas Corridor, a chain of projects meant to bring natural gas to Europe from the Shah Deniz offshore gas field in Azerbaijan.
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Civil society aiming to clamp down on EIB tax haven evasiveness
Publication | 2 February, 2015Pressure is mounting on the European Investment Bank to take swift action that addresses weaknesses in its policy on lending to businesses based in tax havens.
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Eight things to give the EIB’s forthcoming climate policy meaning, purpose and ambition
Publication | 2 February, 2015The European Investment Bank, as the EU’s lending arm, needs a lending policy on climate protection which properly reflects the EU’s climate policies and legislation.
Read moreKey civil society messages on the EIB climate policy
Publication | 2 February, 2015This briefing was presented to the directors of the European Investment Bank during a meeting with civil society organisations.
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UPDATE 7: Juncker on the investment offensive … against Europeans, the economy and the environment
Blog entry | 22 January, 2015Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
Read morePipe Dreams: Why the Southern Gas Corridor will not reduce EU dependency on Russia
Press release | 21 January, 2015Brussels – The Southern Gas Corridor, the EU’s new pet energy project, is not only unnecessary in light of gas demand projections, but also seems likely to fall short on the much flaunted goal of bringing energy independence from Russia, according to a new NGO study “Pipe Dreams” published today.
Read moreEnvironmental Impact Assessment in focus – A tool to promote democracy and environmental protection
Publication | 26 December, 2014The Environmental Impact Assessment process is an important tool for the public in both the Middle East and North Africa region (MENA) and the Eastern Partnership region (EaP) to ensure fully fledged public participation. Knowing the general jargon of the EIA process and understanding its structure, functions and aims, provides the public with a great opportunity to ensure its right to participation and to influence decision-making. This publication aims to bring this knowledge to those who can benefit from it.
Read moreProposed Lukoil EBRD loan – for whose benefit?
Publication | 22 December, 2014Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are gearing up to offer almost a billion dollars in financial support to Russian company Lukoil for gas extraction in Azerbaijan.
Read moreJuncker’s investment offensive risks turning against Europeans
Press release | 18 December, 2014Brussels – Environmental NGOs call on President Juncker, the European Commission and the European Investment Bank to consider for financing from the 315 billion growth package only projects which are sustainable and in line with EU goals and only after proper public consultation with potentially affected communities.
Read moreLetter to the European Commission and the EIB regarding the EFSI investment fund
Publication | 16 December, 2014This letter, sent by a group of NGOs from the Green 10 and Counter Balance coalitions, calls on the Juncker Commission and the European Investment Bank to apply principles of transparency and sustainability for the EUR 315 billion investment package.
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