Press Briefing for European Summit 22-23rd November: How to ensure strong green spending runs throughout the Multiannual Financial Framework 2014-2020
20 November, 2012
This week’s European Council will be crucial for ensuring that the Multiannual Financial Framework 2014-2020 (MFF) mobilises sustainable investments that can create millions of jobs and take Europe forward on a solid footing out of the crisis. The current overall MFF proposal is far from green: it is a lost opportunity. There is a lot of room to shift MFF allocations towards better spending and to relocate funds to greener sectors. Therefore we wish to draw your attention to five key issues for the Council that could substantially increase the chances of the next MFF delivering multiple benefits.
Read moreMonsanto Should Not Expand Relying on Public Money
19 November, 2012
London — Monsanto, the world’s largest seed producer and one of the most prominent promoters of GMO crops worldwide, is set to receive 40 million US dollars of public financial support via the European Bank for Reconstruction and Development.
Read moreGreen spending appears on EU budget radar – it must stay there, say environment groups
14 November, 2012
Brussels, Belgium — The latest EU budget 2014-20 negotiating text, published today by President of the European Council, Herman van Rompuy, contains the first sign of hope for a future EU budget that tackles climate change and helps support a sustainable future for Europe’s 500 million people, according to CEE Bankwatch Network and Friends of the Earth Europe.
Read moreEuropean public development money for Monsanto? Whatever next?!
14 November, 2012
The European Bank for Reconstruction and Development considers supporting one of the most criticised and controversial corporations on the planet, Monsanto. Reasons for deciding against it are plenty.
Read moreFirst major project in Egypt reveals transparency oversight by European public banks
13 November, 2012
A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly cursory and superficial.
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