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Home > News

News

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.

Kolubara mining waste causes landslide, wrecks homes in Serbia

June 6, 2013 | Read more

Belgrade — A landslide caused by mining operations at Kolubara lignite mines in Serbia is advancing towards the village Junkovac in the Serbian Lazarevac municipality, threatening to engulf parts of it; two houses and a road have been destroyed already, and tens of other homes are at risk.

[Campaign update] The reality of resettlement in Kolubara: Out of the frying pan into the fire

June 4, 2013 | Read more

A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development.

Face the future: Members of European Parliament discuss energy lending of European public banks

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June 3, 2013 | Read more

A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to stay away.

Victory for civil society as EBRD cancels loan for controversial Croatian dam

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May 28, 2013 | Read more

Today we’re relieved in Zagreb as one energy project that could have had a destructive impact on Croatia’s future has lost its financing and thus its chances of going ahead are drastically reduced: I’m speaking about the infamous Ombla dam, a project for an underground hydropower plant that would have practically destroyed a protected area close to Dubrovnik.

Victory for civil society as EBRD cancels loan for controversial Croatian dam

May 28, 2013 | Read more

Zagreb, May 28 – Croatian electricity company HEP and the European Bank for Reconstruction and Development (EBRD) have cancelled a EUR 123 million loan contract for the controversial Ombla underground hydropower plant near Dubrovnik, HEP has announced yesterday. The EBRD financing would have covered the biggest bulk of the EUR 152.4 million estimated to be needed for construction.

Groups oppose European bank’s plan to finance oil drilling in Egypt

May 27, 2013 | Read more

On Wednesday 29 May the European Bank for Reconstruction & Development (EBRD) will vote on whether to make a $40 million loan to Kuwait Energy to drill and extract oil in Egypt. Egyptian and international organisations are pushing the board of the public multilateral bank to reject the loan – or at least postpone its decision.

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