Guest post: Behind the glitz of oil riches – the shrinking space for democracy in Azerbaijan
29 July, 2015
Last week, the European Bank for Reconstruction and Development approved a loan over half a billion dollars for Lukoil’s share in the Shah Deniz gas field in Azerbaijan. In this guest post, rights activist Emma Hughes from Platform reflects on how business as usual resumes after the media attention on Azerbaijan’s human rights abuses has faded.
Read moreEuropean funding for a Lukoil gas project in Azerbaijan tramples the EU’s commitment to both climate action and human rights
23 July, 2015
A USD 500 million loan for the share of Russian gas giant Lukoil in a major gas project in Azerbaijan has been approved yesterday by the Board of Directors of the European Bank for Reconstruction and Development (EBRD). Yet, the decision will significantly hinder Europe’s commitments to decarbonise as well as to advance democracy.
Read moreSlovakian dam project is a warning sign for Juncker’s investment drive
22 July, 2015
The European Parliament will soon be voting on a Scoreboard that will help assess candidate projects to the EUR 21 billion European Fund for Strategic Investment (EFSI). Stringent economic, social and environmental criteria are a paramount need for ensuring investments that contribute to a more sustainable Europe.
Read moreResavica: Serbia’s canary in the coal mine
13 July, 2015
After decades of powering Serbia it seems the coal business in the country is on life support. Yet policymakers in Belgrade refuse to consider alternative sources of energy.
Read moreMEPs challenge EU financial support for Ukraine’s Soviet-era nuclear fleet
1 July, 2015
Twenty-five Members of the European Parliament (MEPs) have signed a letter today urging the European Bank for Reconstruction and Development (EBRD) and Euratom to suspend their financial support for Ukraine’s ageing nuclear reactors until the potential environmental impacts of their prolonged operation in Ukraine and on neighbouring countries are fully assessed. The letter is available on the Bankwatch website.
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