In Albania, oil’s history casts long shadows over locals
21 February, 2014
The findings of a visit to the EBRD sponsored Patos Marinza oil field in Albania show how local development and investments in resource extraction often do not go hand in hand. The case provides valuable lessons for the revision of the EBRD’s safeguard policies.
Read moreEIB suspends operations in Ukraine, EBRD ducks the question
20 February, 2014
Kiev – The European Investment Bank announced the suspension of all activities in Ukraine yesterday following the most violent day since protests in this country began. In its turn, the European Bank for Reconstruction and Development declared it would “concentrate on the private sector”, hardly a meaningful stance considering the close links between government and the business sector in this country.
Read moreQuantity over quality in EBRD food security initiative – Evidence from pig farms in Ukraine
19 February, 2014
The European Bank for Reconstruction and Development praises its own achievements in the agricultural sector. A look at Ukraine, however, reveals how sustainable food provision, local communities and the quality of soil are falling by the wayside with the bank’s focus on big industrial operations.
Read moreEIB commits to review tax haven policy
14 February, 2014
During the annual meeting between civil society and the EIB’s Board of Directors, the European Investment Bank committed to review its outdated tax haven policy this year. The commitment which followed a letter from several NGOs expressing such demand, is the most concrete outcome of the meeting which took place on 3rd February in the bank’s headquarters in Luxemburg.
Read moreGMOs, water grab and ice cream for the masses – the EBRD gets involved with Nestlé Egypt
13 February, 2014
Update: The EBRD clarified in its correspondence with Baby Milk Action that its loan will not be used to finance infant nutrition.
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