Budapest airport torments neighbours as expansion project evades environmental checks
11 October, 2021
The expansion of Budapest’s Ferenc Liszt International Airport, financed by the European Investment Bank (EIB), illustrates how big infrastructure projects are promoted at the expense of people and the environment, ignoring EU environmental requirements and the EIB’s own environmental and social standards. However, what is most striking about this case is the fact that a project with EU financial support, has ended up trapping citizens in miserable lives only few are able to flee.
Read moreThe Western Balkans Green Agenda Action Plan: Quantity over quality
8 October, 2021
This week’s EU-Western Balkan summit in Slovenia in the end resulted in agreement on a long-awaited Action Plan for the Green Agenda for the Western Balkans. But the climate and environment emergencies will not be solved by ‘indicative timeframes’.
Read moreFederation of Bosnia and Herzegovina: Renewables incentives chaos finally confirmed by auditors
5 October, 2021
In late September the Office for Auditing Institutions in the Federation of Bosnia and Herzegovina confirmed what everyone already knew: That the body responsible for renewable energy incentives has been out of control for years. The question is, what will be done about it?
Read moreA third of European Investment Bank lending evades environmental and social rules
21 September, 2021
More than a third of the European Investment Bank (EIB)’s EU lending is carried out via intermediaries. Yet most of this money disappears into a black hole, with no information published about the final beneficiaries and no checks by the EIB about their environmental and social impacts. The EIB’s new safeguard framework is supposed to address this, but the draft text leaves the Bank far behind its peers.
Read moreThe European Parliament at risk of losing sight of climate crisis by getting ready to support new fossil gas projects
10 September, 2021
10th September 2021, Brussels – A majority in the European Parliament, including the Socialist and Democrats (S&D), look set to vote to lock in upwards of 213 million tonnes of carbon from fossil gas, as part of the revision of the EU’s key energy infrastructure law, the TEN-E Regulation.
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