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News

Quantity over quality in EBRD food security initiative – Evidence from pig farms in Ukraine

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February 19, 2014 | Read more

The European Bank for Reconstruction and Development praises its own achievements in the agricultural sector. A look at Ukraine, however, reveals how sustainable food provision, local communities and the quality of soil are falling by the wayside with the bank’s focus on big industrial operations.

EIB commits to review tax haven policy

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February 14, 2014 | Read more

During the annual meeting between civil society and the EIB’s Board of Directors, the European Investment Bank committed to review its outdated tax haven policy this year. The commitment which followed a letter from several NGOs expressing such demand, is the most concrete outcome of the meeting which took place on 3rd February in the bank’s headquarters in Luxemburg.

GMOs, water grab and ice cream for the masses – the EBRD gets involved with Nestlé Egypt

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February 13, 2014 | Read more

Update: The EBRD clarified in its correspondence with Baby Milk Action that its loan will not be used to finance infant nutrition.

Georgian hydro projects are a test case for the EBRD’s good governance policies

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February 12, 2014 | Read more

As activists pointed out at a consultation meeting in Tbilisi, Georgia’s hydropower sector has plenty of lessons to be learned by the European Bank for Reconstruction and Development.

Mind the environmental gap in south east European electricity market plans, say civil society groups

February 6, 2014 | Read more

The new version of the EU-backed Energy Community Treaty must ensure that EU environmental and climate standards apply in countries that want to export electricity to the Union, says CEE Bankwatch Network in its submission to the public consultation on the review of the Treaty, which officially closes today.

Ukraine and the EBRD: More than technicalities derail the fight against corruption

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February 6, 2014 | Read more

Before claiming the moral high ground on fighting corruption in Ukraine, the European Bank for Reconstruction and Development should first of all brush up its own transparency policy and drop old-fashioned arguments in favour of confidentiality and secret conditionalities in its projects.

[Campaign update*] Georgian government and investors reject Ombudsman’s offer to mediate in controversy over Khudoni mega dam

People shouting and protesting with placards with Georgian letters.

February 6, 2014 | Read more

The growing antagonism between promoters of the Khudoni hydropower plant project in Georgia and their local opponents from Kaishi is unlikely to ease when the investor and the Georgian Ministry of Energy boycott mediation by Georgia’s Ombudsman.

European Parliament criticises Serbia’s lack of progress on renewables

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February 4, 2014 | Read more

Facing criticism by the European Parliament of its progress on climate friendly energy sources, the Serbian government tells Bankwatch’s member group that the future of the country’s energy system is none of their business.

New EBRD policy too weak on tax havens in development finance

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February 3, 2014 | Read more

Debt and finance watchdog Eurodad has analysed the EBRD’s new policy on domiciliation and explains how it does not take the bold steps needed to tackle the use of tax havens in development finance.

Charts: The two worlds of EIB climate action

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February 3, 2014 | Read more

Our analysis of the latest available lending figures from the European Investment Bank show a striking imbalance between what was invested towards climate adaptation and mitigation in old and new EU Member States.

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