European Parliament intergroup ITCO condemns new transparency policy of the European Investment Bank
13 March, 2015
The European Investment Bank’s slide towards secrecy, manifest in its newly adopted transparency policy, has been lambasted by the intergroup of the European Parliament responsible for transparency and corruption.
Read moreVictories piling up: 130 more hectares of forest saved from lignite mining in Romania
12 March, 2015
Bucharest – A Romanian court has accepted a petition filed by Bankwatch Romania and Greenpeace Romania, and cancelled the environmental permit which allowed cutting down 130 hectares of forests – equivalent to approximately 260 football pitches – to make way for the expansion of the Pinoasa lignite open pit.
Read moreCzech coal mining communities are under threat
12 March, 2015
A debate over coal mining limits in the Czech Republic shows that mining communities in EU countries are facing similar struggles as in other parts of the world. It also illustrates how “securing energy supply” has become a catch-all argument even when the energy demand in no way justifies it.
Read moreEnergy Community countries so rich they can afford to eschew climate action?
11 March, 2015
Planned new coal capacities will result in high additional costs for Energy Community countries. Transforming their energy sectors into efficient, sustainable renewables-based systems is not only possible but a cost-effective way forward.
Read moreEIB’s new transparency policy allows for more secrecy
11 March, 2015
Brussels – Yesterday the European Investment Bank (EIB) formally adopted a revised transparency policy including controversial exceptions to the disclosure of internal documents. This watered down transparency policy comes right before the bank will start implementing the € 315 billion Juncker plan and risks undermining the impact of EU recovery efforts.
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