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News

The EU’s bank is less ambitious than the US in restricting energy from coal

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July 5, 2013 | Read more

It may have been easy in the past for Europeans to bash the US for being retrograde when it comes to climate policies, but after last week it will get more difficult to do that.

Complaint to EBRD highlights negative impact of mining on Mongolian herders

July 4, 2013 | Read more

Ulaanbaatar, 04 July 2013. A group of Mongolian herders submitted today an official complaint to the Project Complaints Mechanism of the European Bank for Reconstruction and Development (EBRD), hoping to initiate a process of evaluation of the adverse impacts on their health and livelihoods of two mining projects financed by the international public lender.

[Campaign update] Kolubara landslide: Images of devastation, people waiting for compensation

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July 3, 2013 | Read more

People in Junkovac (Serbia) are still waiting for information on how they will be compensated after a landslide connected to the Kolubara lignite mine has destroyed several houses and terrified the town one month ago.

EU budget: green jobs to be found amidst disappointing deal

July 3, 2013 | Read more

Brussels, July 3, 2013 – Following today’s approval by the European Parliament of Europe’s €960 billion budget for 2014-2020, Bankwatch and Friends of the Earth Europe are calling on individual member states to make the most of a disappointing deal by respecting green spending commitments – thereby boosting green jobs and truly sustainable investments.

As Croatia accedes to the EU, questions remain over whether EU billions can succeed for Croats

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July 1, 2013 | Read more

Croatia’s new Law on Strategic Investments does not bode well for the sustainable use of EU funds in Croatia now that the country has become an EU member state.

Green agriculture spending culled in Estonia – NGOs demand proper use of future EU money

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June 26, 2013 | Read more

While the EU’s future common agricultural policy is taking shape in Brussels, it’s not just there that major agri-business interests are flexing their muscles to take the ‘green-ness’ out of EU agricultural spending.

New EIB Energy Policy: A Missed Opportunity

June 25, 2013 | Read more

Brussels — The EU’s global leadership on climate change is set to take another blow if the European Investment Bank, the EU house bank and one of the world’s largest public lenders, adopts a future energy lending policy as presented yesterday to the public. The draft policy includes weaker standards for lending to coal plants than currently proposed in both the US and Canada.

A tale of neglect: Energy finance figures from the Western Balkans

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June 25, 2013 | Read more

The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.

Development banks energy investments jeopardise the ability of Balkan accession countries to meet EU energy and climate targets, says new report

June 25, 2013 | Read more

Brussels, Belgium – Heavy investments in fossil fuels by international financial institutions (IFIs) in the Western Balkans are hindering these countries’ compliance with EU accession requirements, finds a new report – “Invest in Haste, Repent at Leisure” – from civil society organizations CEE Bankwatch Network, SEE Change Net and WWF, created as part of the SEE SEP (South East Europe Sustainable Energy Policy) programme.

Russian and European NGO investigations lead to the filing of a complaint against VINCI CONCESSIONS RUSSIE SA and against unknown persons before the Nanterre Public Prosecutor

June 24, 2013 | Read more

Paris, 24 June 2013 – Sherpa, Russie-Libertés, CEE Bankwatch Network and MOBO Princip, as well as members of Russian civil society such as the environmental activist Evgenia Chirikova, today submitted to the Public Prosecutor of Nanterre, France, a complaint relating to the conditions in which the NORTH WEST CONCESSION COMPANY – NWCC – , which is wholly owned by the French company VINCI CONCESSIONS RUSSIE, was awarded a public contract in 2009 concerning the construction of the highway between Moscow and Saint Petersburg.

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