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News

EIB complaints office confirms shortcomings on Belgrade resettlement

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August 4, 2010 | Read more

After more than three months delay, the Complaints Office of the European Investment Bank recently released its concluding investigations (pdf) into the banks involvement in the resettlement of 175 predominately Roma families from underneath the Gazela bridge in Belgrade.

Groups blast veiled decision-making at European Commission as mining industry revels in rejection of crucial Parliamentary resolution

July 7, 2010 | Read more

Environmental organisations have today criticised Commissioner Janez Potocnik for heeding mining industry lobbyists over a democratically elected European Parliament, in failing to open public discussions and rejecting a resolution to ban the use of cyanide in mining processes throughout the European Union.

Sounding the potential of a European budget “for the people and the climate”

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June 29, 2010 | Read more

After six months of preparations and more than 50 interviews with decision makers and experts, Bankwatch has met with representatives from the European Commission, the European Parliament, the European Investment Bank and the European Bank for Reconstruction and Development to discuss how the next EU budget for the 2014-2020 period can effectively support a low-carbon economy with benefits for people and nature.

Rusty reasoning: groups challenge EIB to justify the latest ArcelorMittal public millions

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March 11, 2010 | Read more

Although the world’s largest steel company, ArcelorMittal continues to receive support by international public finance. Neither does its chequered social and environmental record seem to change the public bank’s proclivity for this specific borrower.

New report: EU funds must plug clean energy gap in central and eastern Europe

March 3, 2010 | Read more

On the day that the European Commission launches its vision for 2020, its ‘Europe 2020 strategy’, a new report from CEE Bankwatch Network and Friends of the Earth Europe lays out how improved targeting of EU structural and cohesion billions for energy efficiency and renewables can get the EU – and particularly the new member states in the east – on track to meet and exceed emissions reduction targets for tackling climate change.

Transparency allergy reappears at EIB, crisis billions still cloaked in confidentiality

February 4, 2010 | Read more

CEE Bankwatch Network today criticised the European Investment Bank (EIB) for adopting a new transparency policy that persists in keeping the final destination of billions of publicly backed money unknown to the public.

Chelopech gold mine plans frozen, campaigners call for cyanide leaching to be binned

January 26, 2010 | Read more

An announcement from Dundee Precious Metals that it is freezing plans on its investment at the Chelopech gold and copper mine in central Bulgaria because of ongoing legal challenges has been welcomed by the Cyanide-free Bulgaria coalition.

Bulgarian parliament hears the anti-cyanide concerns of thousands

January 21, 2010 | Read more

Today at the Bulgarian parliament’s Petitions Committee three public petitions related to controversial mining initiatives were heard, in a process described by ‘Cyanide Free Bulgaria’ campaigners as encouraging and not before time.

New ban on cyanide mining in Hungary gives hope across the region

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December 22, 2009 | Read more

A ban on all cyanide-based mining technologies on Hungarian territory that was passed by 356 votes in favour to one vote against in Hungary’s parliament earlier this month has strengthened hopes of other national bans – even a Europe-wide ban – ahead of the tenth anniversary of the Baia Mare disaster next month.

Change the lending, not the climate

December 2, 2009 | Read more

Bankwatch’s new report on the EIB’s fossil-heavy energy lending between 2002 and 2008 comes one week before the crunch global climate talks in Copenhagen, in preparation for which the international financial institutions have been flexing their rhetorical muscles.

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