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Home > European Investment Bank (EIB) > Updates on the European Investment Bank

Updates on the European Investment Bank

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EIB transport lending is not just on a wrong track but hardly on tracks at all

Blog entry | 6 June, 2011

Bankwatch’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.

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Bankwatch Mail 48

Publication | 19 May, 2011

On the occasion of the EBRD’s 20th anniversary, Bankwatch Mail is complemented by a range of personal reflections from people both within and beyond central and eastern Europe, people who have worked directly on issues related to the EBRD, or who have studied the bank’s impacts.

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Slovenian government drops support for Sostanj coal plant; European public banks must follow suit

Press release | 5 May, 2011

Ljubljana, 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.

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The sun ain’t shining over Khimki Forest

Blog entry | 4 May, 2011

The 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.

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Letter: EBRD and EIB should review involvement in Sostanj due to serious shortcomings in the project’s management

Publication | 4 May, 2011

On April 14 2011 the Minister of Economy of Slovenia, presented a report on the management of the Sostanj TES 6 project to the Government of Slovenia. In the report many shortcomings of the project are highlighted, which led the Government to state that it will only support a state guarantee for the EIB loan amounting to EUR 440 million if the economic efficiency of the project can be improved.

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Vinci concession exposed as cover for oligarchs and tax havens in Russia’s first road PPP

Press release | 30 April, 2011

An 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.

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Vinci – a cover for oligarchs and tax havens in Russia’s first road PPP

Publication | 30 April, 2011

An opaque web of offshore companies and oligarchs behind the controversial EUR 1.5 billion first section of the Moscow–St. Petersburg motorway public-private partnership provides new grounds for the Russian government to re-examine the controversial project, according to this new research by CEE Bankwatch Network and the Movement to Defend Khimki Forest.

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20,000 backing Khimki activists calling on Vinci to end involvement in Moscow – St. Petersburg motorway

Blog entry | 28 April, 2011

More 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.

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Ignoring Chernobyl’s lessons – How EU ‘Energy Security’ expands nuclear energy in Ukraine

Publication | 26 April, 2011

As the world marks the 25th anniversary of the world’s worst nuclear disaster at Chernobyl and against the backdrop of the threat from Fukushima’s nuclear facilities, our study reveals that the European Commission, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are indirectly supporting lifetime extensions of old Ukrainian nuclear reactors as a means to secure ‘cheap’ Ukrainian electricity exports to the EU Member States.

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Ignoring Chernobyl lessons: How EU ‘energy security’ expands nuclear industry in Ukraine

Press release | 26 April, 2011

Kiev — 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.

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