For European development bank democracy is an afterthought
19 September, 2016
Almost one in four euros lent by the European Bank for Reconstruction and Development in 2015 went to authoriatrian countries. The bank has clearly decided to ignore its own mandate, or else it would have to considerably shrink its business.
Read moreJuncker Investment Plan 2 and review of EU budget offer no progress towards Europe’s long-term climate goals
15 September, 2016
What should have been two significant contributions to Europe’s war chest in the fight against climate change will in fact leave the planet short-changed and open the door to even more polluting fossil fuel projects, argue campaigners at Bankwatch, Friends of the Earth Europe and Climate Action Network Europe.
Read moreNew report reveals the ‘dark side’ of EIB funds: how the EU’s bank supports non-transparent investment funds based in tax havens
14 September, 2016
Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds. The report is available for download at http://www.counter-balance.org/wp-content/uploads/2016/09/The-dark-side-of-EIB-funds_report.pdf The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015.
Read moreGuest post: Renewables kept in thrall in the Czech Republic
13 September, 2016
How to overcome the stagnation in the Czech renewable energy sector? Ending the government’s crusade against renewable support schemes would be a good starting point, writes Karel Polanecky from Bankwatch’s member group Hnuti Duha, Friends of the Earth Czech Republic.
Read moreUkraine’s nuclear energy fixation puts its European financiers to a test
5 September, 2016
In a meeting today, the Espoo Convention’s Implementation Committee will again discuss Ukraine’s compliance with the Convention’s rules. A look back at the last months does not suggest a positive outcome.
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