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Home > News

News

Dirty coal gets closer to receiving almost half a billion euros from EU taxpayers

December 3, 2012 | Read more

The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.

Doing more than just spotting the elephant: a new resource for campaigning on China, dams and finance

elephant-rock-inner.jpg

November 27, 2012 | Read more

China has risen to become a major player in the dam building business these days, dominating the world market and appearing ever more frequently around these parts in central and eastern Europe (along with counterparts in other areas of the energy sector, notably coal – more about this on the blog in the coming weeks).

Collapse of EU budget talks short-changes people and planet

November 23, 2012 | Read more

With today’s collapse of negotiations at the EU budget summit in Brussels, environment groups CEE Bankwatch Network and Friends of the Earth Europe called on countries to focus their efforts on agreeing a deal in the new year that has quality EU spending [1] at the top of the agenda.

Time to iron out the EU budget differences – with a green shirt!

November 22, 2012 | Read more

The EU budget summit, the much-anticipated showdown featuring Europe’s 27 member states, the European Parliament, the European Commission and European Council president Herman van Rompuy over how much EU funding – and for what – is to be spent in the 2014-20 budgetary period, is now on. And all the talk is of what exactly to wear to this event.

EU budget negotiations must tackle mistakes of past with focus on quality spending

November 22, 2012 | Read more

Brussels, November 22, 2012 – As European leaders gather in Brussels today for the EU budget summit, quality spending must be the focus of discussions if the future European budget is to tackle Europe’s environmental and economic crises, according to environment groups CEE Bankwatch Network, Friends of the Earth Europe and Transport & Environment.

Press Briefing for European Summit 22-23rd November: How to ensure strong green spending runs throughout the Multiannual Financial Framework 2014-2020

November 20, 2012 | Read more

This week’s European Council will be crucial for ensuring that the Multiannual Financial Framework 2014-2020 (MFF) mobilises sustainable investments that can create millions of jobs and take Europe forward on a solid footing out of the crisis. The current overall MFF proposal is far from green: it is a lost opportunity. There is a lot of room to shift MFF allocations towards better spending and to relocate funds to greener sectors. Therefore we wish to draw your attention to five key issues for the Council that could substantially increase the chances of the next MFF delivering multiple benefits.

Monsanto Should Not Expand Relying on Public Money

November 19, 2012 | Read more

London — Monsanto, the world’s largest seed producer and one of the most prominent promoters of GMO crops worldwide, is set to receive 40 million US dollars of public financial support via the European Bank for Reconstruction and Development.

Green spending appears on EU budget radar – it must stay there, say environment groups

November 14, 2012 | Read more

Brussels, Belgium — The latest EU budget 2014-20 negotiating text, published today by President of the European Council, Herman van Rompuy, contains the first sign of hope for a future EU budget that tackles climate change and helps support a sustainable future for Europe’s 500 million people, according to CEE Bankwatch Network and Friends of the Earth Europe.

European public development money for Monsanto? Whatever next?!

Monsanto.jpg

November 14, 2012 | Read more

The European Bank for Reconstruction and Development considers supporting one of the most criticised and controversial corporations on the planet, Monsanto. Reasons for deciding against it are plenty.

First major project in Egypt reveals transparency oversight by European public banks

Cairo-refinery-transparency.jpg

November 13, 2012 | Read more

A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly cursory and superficial.

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