UPDATE 7: Juncker on the investment offensive … against Europeans, the economy and the environment
22 January, 2015
Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.
Read moreGuest post: Mongolian herders file complaint with EBRD about Mongolian iron ore company
21 January, 2015
Herders from the Gobi Altai mountains in western Mongolia have filed a complaint with the European Bank for Reconstruction and Development (EBRD). The complaint addresses the company Altain Khuder, which at its Tayan Nuur iron ore mine has allegedly caused significant environmental pollution and the displacement of herders in the Mongolian Gobi Altai mountains.
Read morePipe Dreams: Why the Southern Gas Corridor will not reduce EU dependency on Russia
21 January, 2015
Brussels – The Southern Gas Corridor, the EU’s new pet energy project, is not only unnecessary in light of gas demand projections, but also seems likely to fall short on the much flaunted goal of bringing energy independence from Russia, according to a new NGO study “Pipe Dreams” published today.
Read more[Campaign update] Kostolac B3 lignite plant loan agreement bypasses public debate and contains unacceptable conditions
16 January, 2015
The Serbian parliament will on Monday vote on the ratification of a USD 608 million loan agreement from the China ExIm Bank for the construction of the 350 MW Kostolac B3 lignite power plant by Chinese company CMEC. Serbia’s latest addition to its huge debt burden is being presented as a great success, but a new lignite plant is more likely to end up as a weight around our necks as we move towards the EU and apply EU climate policies.
Read moreOhrid Lake facing damage by EBRD financed infrastructure projects
12 January, 2015
Concerns mount about increasing threats to Macedonia’s protected areas and the Lake Ohrid UNESCO site by EBRD investments in fast-tracked infrastructure projects.
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