June 15, 2012 | Read more As Europe’s financial establishment braces for the results of tomorrow’s Greek elections and Eurozone officials dangle the carrot of a new European Investment Bank programme in front of Athens, we’ve prepared a snapshot of previous EIB loans in the country. [1] [2] [3] [4] (NB: any tricolour similarities are entirely coincidental.)
June 14, 2012 | Read more With the European Parliament’s ratification of the expansion of EBRD operations to north Africa the question arises again: Is the bank fit for this purpose? The Parliament’s answer sounds like a resounding ‘maybe’.
June 13, 2012 | Read more Brussels – Representatives of EU Member States meeting tomorrow in Brussels intend to promote the financing of gas distribution, storage and transmission from Cohesion Policy funds meant for low-carbon measures in the next EU budget. Such support for gas would mean the EU’s dependency on fossil fuels will continue for decades, undermining global efforts to combat climate change.
June 12, 2012 | Read more Pushing for public-private partnerships will not support democratisation in the Arab Spring countries but risks increasing their public debt. Our new website brings together the PPP lessons that Europe should have learned.
June 8, 2012 | Read more Kiev — Despite being the place of one of the most terrifying nuclear accidents in the world, Ukraine is currently working on expanding the lifespan of 13 of its old Soviet-style reactors, with electricity exports to the European Union in mind. In a study published today, CEE Bankwatch Network is revealing how the EU and its financing institutions are promoting electricity imports to the EU which are likely to have highly damaging consequences for the exporting countries.
June 5, 2012 | Read more A fact-finding mission to Macedonia has confirmed our concerns that two planned hydro power plants are set to destroy important natural habitats in the Mavrovo National Park.
June 1, 2012 | Read more Discussions in the European Parliament on the next Cohesion Policy have seemingly been taken hostage by fossil fuel friendly interests – once again with Poland taking the lead.
June 1, 2012 | Read more Moscow, Russia — In response to a public presentation today from the European Bank for Reconstruction and Development of its new mining strategy, NGOs CEE Bankwatch Network and Greenpeace Russia are calling on the bank to deprioritise investments in mining and mining-related infrastructure in order to avoid deepening the dependency of its countries of operation on raw materials exports.
May 30, 2012 | Read more Belgrade – An official from the southern Serbian town of Vreoci has begun a hunger strike on Monday to protest against what he considers the unlawful exhumation of a local cemetery to make way for coal extraction at the nearby Kolubara mine. Last year the European Bank for Reconstruction and Development approved a loan of 80 million euros to support the expansion of lignite mining at Kolubara.
May 29, 2012 | Read more The case of two Enel investments in Romania illustrates how subsidies for coal power can be ambiguous, but provide very concrete disincentives for investments in renewable energy.
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