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News

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.

Little impact of EU aid for Egypt – Ongoing abuses and Brussels scrutiny puts EBRD’s best laid plans in question

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June 24, 2013 | Read more

How is the European Bank for Reconstruction and Development able to justify a brand new host country agreement with Egypt, given the abuses still being endured in Egypt and the failure of one billion euros of EU money to improve the economic and human rights situation there?

[Campaign update] Plomin project promoter not able to justify health risks of coal

June 21, 2013 | Read more

Public discussions about the Plomin coal power plant’s health impacts show how both project promoters and public authorities prefer to ignore or play down uncomfortable arguments and evidence against the project.

Eleventh hour for Europe’s bank to lead on climate change

June 20, 2013 | Read more

Brussels — Ahead of next week’s expected release from the European Investment Bank of its final draft energy policy, CEE Bankwatch Network and Counter Balance are urging the EU’s house bank to ensure that its annual portfolio of EUR 70 billion is guided by a policy that enables Europe to meet its long-term commitments on climate.

The G8, tax havens and the need to clean up our own “bank yard”

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June 18, 2013 | Read more

While the G8 leaders claim they are at war with tax avoidance, their own bank, the European Bank for Reconstruction and Development is involved in deals linked to offshore financial centres.

EU funds in people’s hands. When small things make a difference.

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June 17, 2013 | Read more

A Croation winner of Bankwatch’s Better Ideas contest for sustainable EU Funds has just begun implementing their project. The positive responses from their community and the successful start illustrate that “small is beautiful” can also apply to Cohesion Policy.

Guest post: New film: Tar sands – to the ends of the earth

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June 17, 2013 | Read more

Friends of the Earth Europe’s new film, documenting the efforts of local communities in Madagascar to protect their island home from tar sands development, was premiered in Europe last week at the European Parliament in Strasbourg.

Shale tale: Unconventional gas and the European Bank for Reconstruction and Development

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June 12, 2013 | Read more

During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland – a rather rash endorsement of a controversial technology.

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