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Home > News

News

Bulgarian gold in offshore paradise linked to European public lender

"Paradiso" in large letters against a grey sky.

November 21, 2017 | Read more

The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and Development is one of the shareholders.

Serbia pushes ahead with beleaguered coal plant at Kostolac

An open mining pit seen.

November 20, 2017 | Read more

For the third time, Serbia has announced that construction will start at Kostolac B3, in spite of problems at the project persisting since the start of the permitting process.

Déjà vu in biodiversity: public banks pitted against international wildlife convention

A parnoama view of lush green mountains and snow-covered peaks in the distance.

November 15, 2017 | Read more

Europe’s wildlife guardian has sent a warning to Georgia over changes to a protected area in the Caucasus mountains. International lenders are interested in financing hydro developments in the region.

New report: Juncker Plan backs billions in fossil fuels and carbon-heavy infrastructure

November 14, 2017 | Read more

The European Union is set to continue a funding tool that in last two years has lent billions of euros for fossil fuels projects.

Europe’s energy citizens are on the rise – if we let them

Four separate pictures of men in front of or near their energy installation.

November 6, 2017 | Read more

Small-scale renewable energy sources are being built all over Europe. Examples from the Czech Republic show that their success depends on adjusting them to the local environment and making sources for financing, such as EU funding, more accessible.

Civil society joins forces to push Europe beyond coal

November 2, 2017 | Read more

To combat the worsening impacts of climate change and air pollution, civil society groups across 28 nations are today launching Europe Beyond Coal, a collective campaign to catalyse and hasten the move away from coal and towards clean renewable energy.

Kill the funding. Kill the pipeline.

A group of people, seen from behind, raising their hands in the air.

November 1, 2017 | Read more

The anti fossil fuels movement 350.org calls for cutting off the funding to new gas infrastructure for Europe – namely for the ‘carbon bomb’ that is the Southern Gas Corridor.

The great gas lock-in – industry lobbying is behind the EU push for new gas infrastructure

The EU's Commissioner for Climate Action and Energy Miguel Arias Cañete.

October 31, 2017 | Read more

A new report from Corporate Europe Observatory shows why the fire-power of the gas industry makes it a powerful and effective lobbying force in Brussels and national capitals. Meanwhile, public interest groups have a fraction of the resources and access.

Green Climate Fund’s preference for big players weakens transparency

A large dried out river bed.

October 31, 2017 | Read more

The 18th meeting of the Green Climate Fund in the beginning of October confirmed again that big institutions are getting the biggest share of finances. This time it was the European Bank for Reconstruction and Development who left its mark.

Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change

October 18, 2017 | Read more

A USD 500 million loan approved today by the European Bank for Reconstruction and Development for the construction of the Trans Anatolian Pipeline is set to benefit, among others, state-owned companies in Azerbaijan and Turkey.

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