When will the European Ombudsman’s decision on export credits come to pass?
20 November, 2019
Commission president Ursula von der Leyen has clearly expressed political will to focus on climate and sustainability in EU finance and policy coherence. The announcement of the European Green Deal is a chance to make good on leading sustainability a substantial portion of European public finance: export credits.
Read moreA walk on the wild side
18 November, 2019
The EBRD-financed Green Boulevard project in Belgrade, Serbia, has long attracted criticism from groups like Streets for Cyclists, who have pointed out that it will include no cycling lanes, and will slow down public transport by letting cars drive on the tram tracks. But now it is under construction, a whole new slew of problems have come up.
Read moreWorld’s largest multilateral bank ends fossil fuels financing
14 November, 2019
Brussels, Prague — Bankwatch, Counter Balance and a growing number of civil society groups have long been calling on the European Investment Bank (EIB), the EU’s house bank, to recognise the urgency of stemming the climate crisis and stop handing out public money to fossil fuel projects. Today, November 14, the bank’s Board of Directors adopted a new Energy Lending Policy that ends financing for most fossil fuels projects.
Read moreKenyan village burned down weeks after EIB withdraws from energy project planned at the same place
6 November, 2019
The geothermal power plant Akiira 1 in Kenya’s Nakuru county is planned to be built nearby the place the village of Lorropil used to stand until last Sunday.
Read moreNGOs reaction to preparatory works kicking off at Tuzla 7 coal unit in Bosnia-Herzegovina: “This plant is not ready for construction”
31 October, 2019
Preparatory works for the construction of a new 450 MW coal unit Tuzla 7 are set to start on Friday, even as numerous controversies accompany the project, including an infringement case under the Energy Community Treaty.
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