Ignoring Chernobyl’s lessons – How EU ‘Energy Security’ expands nuclear energy in Ukraine
Publication | 26 April, 2011As 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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Bankwatch Mail 47
Publication | 15 April, 2011Content (Click on titles to read articles online) Abuses continue in Moscow as development banks give up on Khimki road financing Local pressure in Lithuania keeps EU funds out of the waste incineration fire It’s the EU funds, stupid, and the green economic dividends they offer BTC under fire for violating human rights obligations and pipeline integrity issues
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.
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Don’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 moreVinci’s failure to respect Global Compact commitments on human rights and the environment in Khimki
Publication | 28 March, 2011The letter to representatives of the UN Global Compact gives details on the failure to respect commitments under the Global Compact initiative by the construction company Vinci in connection with the Moscow St. Petersburg motorway project (near Khimki).
Read moreComments to the EC’s plans to increase EIB operations and commence ERBD operations in North Africa
Publication | 23 March, 2011The European Commission’s announced plans to give the European Investment Bank and the European Bank for Reconstruction leading roles in promoting democratisation and development in the Southern Mediterranean region. Counter Balance and Bankwatch are concerned that both institutions first need to demonstrate their ability to bring environmentally sustainable and socially positive development impacts. We also call for an immediate investigation into the EIB financing to the Mediterranean so far, to examine whether corrupted elites have benefited from the bank’s loans.
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.
Read moreEU public funds for “securing” dirty coal and nuclear energy Ukraine transmission lines background paper
Publication | 15 March, 2011Over the past few years, a series of strategies, agreements and loans have brought the EU and Ukraine into closer cooperation on perpetuating nuclear and carbon-intensive energy infrastructure and generation, with international financial institutions (IFIs) brokering the deals.
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Khimki defender Evgenia Chirikova is a woman of courage, literally now
Blog entry | 11 March, 2011Evgenia Chirikova, the leading figure of the Movement to Defend Khimki Forest has yesterday received the US Woman of Courage Award to honour her relentless efforts to save the Khimki Forest near Moscow from being transformed into a motorway.
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