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Latvia supports climate neutrality by 2050 as long as EU budget follows suit

4 September, 2020

The next decade is crucial to invest in climate action and start decarbonising every Member State, and EU funds account for most of the financial support that Latvia will receive in the upcoming seven years.

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No proper benchmark for checking European Export Credit Agencies’ compliance with EU objectives

4 September, 2020

Despite being the biggest class of public finance institutions operating internationally, export credit agencies (ECAs) are rarely subject to any public scrutiny. European ECAs declare the compliance with the non-binding OECD Common Approaches standards, but it’s an insufficient benchmark for evaluating compliance with the EU’s External Action obligations as stated by the relevant EU Regulation.

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As tensions reach a tipping point at Amulsar gold mine, what next for the EBRD?

20 August, 2020

In early August, Armenian protestors who had been blocking access continuously for the past two years to the controversial Amulsar gold mine were forcibly removed by the mine’s newly-hired security detail.

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EIB keeps denying Southern Gas Corridor climate impact

4 August, 2020

As it seeks to morph into the EU’s climate bank, the European Investment Bank (EIB) continues to downplay the climate footprint of many of the projects it finances, including that of Europe’s largest fossil fuels project, the Southern Gas Corridor.

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Informing women is the first step to empowering them

3 August, 2020

Evidence of meaningful implementation of the Gender Action Plan for EBRD and GCF’s Green Cities Framework – not found.

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