Video projected on the European Parliament questions potential European Investment Bank’s capital increase
14 May, 2012
Brussels – On Monday night a video was projected on the building of the European Parliament which denounced the unsustainable energy portfolio of the European Investment Bank (EIB). The 1 minute video concluded with: “Make the EIB chose a brighter future before increasing its capital”, a message for EIB governors which gather Tuesday 15 May in Brussels during the bank’s Annual General Meeting. The main topic will be a possible capital increase of the EIB.
Read moreThe medium-sized EIB bazooka – Europe’s people and environment must benefit this time around
11 May, 2012
As it begins to dawn on Europe’s elite that fiscal austerity is not working after all, the European Investment Bank is once again the talk of the EU as decision-makers scramble to stimulate national economies that are hemhorraging jobs and living standards – and hope – across the continent.
Read moreEBRD fresh plans show intent to pour more public money into coal
26 April, 2012
Brussels – In a draft mining strategy published yesterday, the European Bank for Reconstruction and Development (EBRD) made it clear that it intends to continue investing in the coal sector for years to come.(1) Supporting the coal sector with European public money is unacceptable, according to CEE Bankwatch Network, as it undermines the EU’s climate policy and the transition to a decarbonised European economy that the EU and the EBRD both claim to support.(2)
Read moreChernobyl at 26: nuclear dynamite is growing in Ukraine
26 April, 2012
26 years ago, the days after the nuclear accident in Chernobyl had been marked by the glaring lack of information. Today, Europe’s population is similarly clueless as back then about the nuclear risk brewing in Ukraine.
Read moreMember States set to block greening of next Cohesion Policy
24 April, 2012
Brussels — Meeting today in the General Affairs Council, leaders of EU Member States have significantly watered down last year’s Commission proposal on greening the next Cohesion Policy 2014-2020 (1). Much of the power over how to spend EU regional funds is set to remain with national governments with only weak demands placed on the capitals over how to spend EU funds towards building a low-carbon European economy.
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