March 11, 2013 | Read more The European Bank for Reconstruction and Development is expected to take a decision tomorrow on whether or not to provide a EUR 300 million loan for a nuclear power plant Safety Upgrade Programme in Ukraine. This article from our quarterly Bankwatch Mail sums up the issues at hand.
March 8, 2013 | Read more Ljubljana – The European Investment Bank announced today [1] that it would pay the remaining EUR 440 million out of a EUR 550 million loan [2] for the construction of a new 600 megawatt lignite unit at Sostanj [3] in Slovenia, and that the European Bank for Reconstruction and Development would follow suite with its parallel EUR 100 million loan.
March 7, 2013 | Read more A new report calculates the effects of coal-fired power generation across Europe on chronic lung disease and some heart conditions and the associated costs. It is another clue for both the European Bank for Reconstruction and Development and the European Investment Bank to end support for coal as the two revise their energy policies.
February 28, 2013 | Read more Climate activists take responsibility for fake press release, bizarre award ceremony Brussels — The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight against climate change.
February 22, 2013 | Read more Our competition for ideas for EU funds investments that benefit the sustainable development of European communities could offer inspiration for EU and national decision makers. At the final award ceremony in Brussels, the winners told us about their ideas and how EU funding could benefit their countries.
February 21, 2013 | Read more Challenging a mining operation that generates about ten percent of GDP in a country and particularly doing so on environmental and social grounds is an intimidating task. But as the example of the Kumtor gold mine in Kyrgyzstan shows, indefatigability and scientific expertise can persuade decision-makers to defend the interests of a country and its people.
February 15, 2013 | Read more New civil society recommendations for the Oyu Tolgoi mine in Mongolia illustrate that much more than the bottom line needs to be considered to avoid development at the expense of local communities.
February 13, 2013 | Read more If you thought the purpose of a nature reserve is to protect wildlife from disruptive human interference, then you’re wrong – at least when it comes to nature that’s in the way of electricity infrastructure in Ukraine.
February 8, 2013 | Read more A meeting of civil society and the European Investment Bank’s Board of Directors saw a surprising degree of agreement between two often adverse groups.
February 8, 2013 | Read more Brussels, February 8 – A summit in Brussels on the EU budget for 2014-2020 concluded today with an unambitious commitment for 20 percent of EU spending to go towards tackling climate change. CEE Bankwatch Network and Friends of the Earth Europe called on member states’ governments to build on this with national spending plans that ensure quality outcomes that work for Europe’s people and environment.
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