January 28, 2016 | Read more The Czech Republic’s EU funds’ documents tick all the formal boxes, but the carbon intensity of its economy will most likely not change much.
January 28, 2016 | Read more A group of 27 NGOs sent an open letter to the President of the European Investment Bank (EIB) today urging the Bank not to finance the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe.
January 27, 2016 | Read more A new report launched today documents the hurdles communities and workers face in obtaining remedy from development banks whose projects cause them harm. The 11 civil society organizations that authored the report, Glass Half Full? The State of Accountability in Development Finance, call on development banks and the governments that run them to strengthen their systems for providing remedy to those harmed by the activities financed by the banks.
January 26, 2016 | Read more Billions of euros of European funds will be invested in Poland between 2014 and 2020 under the heading of sustainable development and climate action. But without sound strategies and political will to decarbonise its economy, Europe’s biggest coal addict is set to waste the transformative potential of EU money – and Brussels is letting it happen.
January 26, 2016 | Read more The new member states from Central Europe misuse the EU funding aimed at decarbonising their energy systems.
January 26, 2016 | Read more Brussels/Prague, 25 January 2016 – EU billions destined to transform the carbon-intensive, inefficient energy systems of central and eastern Europe are being misspent, finds a new report today by CEE Bankwatch Network and Friends of the Earth Europe. Bad spending plans and a lack of climate commitments from nine central and eastern European governments is hampering Europe’s transition away from fossil fuels, the groups say.
January 19, 2016 | Read more The World Bank is currently inviting comments for its consultation on disclosure in public-private partnership projects. Deadline for inputs 29th February 2016.
January 18, 2016 | Read more Documents obtained by Bankwatch provide more details for a European Investment Bank statement that its loans to Volkswagen may have been connected to the car makers use of cheating devices to rig emission tests.
January 14, 2016 | Read more When Maroš Šefčovič, the Commission’s Vice President for the Energy Union visited Bucharest in October 2015 to discuss Romania’s role in the overhaul of Europe’s energy sector, his speech seemed promising at first. It focused on renewables, energy efficiency and research and innovation – all issues that are rarely on the Romanian public agenda. But eventually, much like the Commission’s assessment for Romania (pdf) that was presented during the visit, the message and its level of ambition felt more like much ado about nothing.
January 12, 2016 | Read more No-one will ‘freeze to death’ if the planned lignite-fired power plant in Kosovo does not receive support from multilateral development banks, but if it does, low-income households may well end up choosing between electricity and food. How can an institution, whose very mission is to end poverty, justify this project?
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