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News

Public finance for mining must bring more than a mirage of development benefits in Mongolian desert

June 13, 2011 | Read more

Ulan Baatar, Mongolia – Civil society groups are demanding that investments from international financial institutions to extract resources in Mongolia’s Gobi Desert guarantee that livelihoods are protected for those living near the mines and profit windfalls are used as an impetus to social and economic development for the region.

Transparency improvements grind to a halt at the European Bank for Reconstruction and Development

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June 10, 2011 | Read more

Bankwatch research co-ordinator Pippa Gallop discusses the European Bank for Reconstruction and Development’s draft public information policy and how the bank has come to a standstill with improving its transparency rules.

Police investigates irregularities at TES 6 in Slovenia

June 8, 2011 | Read more

Ljubljana, Slovenia — The Slovenian police confirmed June 7 that it was looking into allegations of mismanagement at coal plant Sostanj, including serious questions over the building of new lignite block TES 6.

EIB transport lending is not just on a wrong track but hardly on tracks at all

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June 6, 2011 | Read more

Bankwatch’s EIB team leader Anna Roggenbuck, on her way to consultations on the European Investment Bank’s transport policy, has crunched the numbers of the bank’s transport sector lending. The result: while exhibiting a strong faith in future technological solutions the EIB is fuelling increased carbon emissions across Europe.

Bringing Georgian realities to the EBRD drawing board

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May 30, 2011 | Read more

David Chipashvili from Bankwatch member group Green Alternative in Georgia talks about the opportunities and threats in bringing concerns from the ground to the attention of the European Bank for Reconstruction and Development.

EBRD should change mandate to prioritise people and the environment, says Bankwatch

May 20, 2011 | Read more

Astana, Kazakhstan – After twenty years of promoting market economies in central and eastern Europe, the European Bank for Reconstruction and Development needs to move swiftly and genuinely towards prioritising social justice and transition to energy efficient, renewable energy based economies if it wants to bring real benefits to the region, says a new policy paper from CEE Bankwatch Network issued on the occasion of the EBRD annual meeting in Astana May 20 (1).

Czech Republic to examine irregularities in EU funds road and waterway spending

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May 6, 2011 | Read more

The Czech Republic will stop requesting the European Commission to reimburse EU funds spent in constructing new motorways and waterways that in the past may have breached public procurement rules. Rail funding will not be affected.

Slovenian government drops support for Sostanj coal plant; European public banks must follow suit

May 5, 2011 | Read more

Ljubljana, Slovenia — CEE Bankwatch Network and Slovene NGO FOCUS are calling on the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to review their plans to provide 650 million euros in loans for the controversial 600 MW TES 6 block at Slovenian lignite plant Sostanj.

New Bankwatch resource explains ABCs of ENP

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May 4, 2011 | Read more

In collaboration with its Georgian member group Green Alternative, Bankwatch is today releasing its online guide to the European Neighbourhood Policy (ENP).

The sun ain’t shining over Khimki Forest

May 4, 2011 | Read more

The Khimki Forest in Russia might see its end signed and sealed this month. But Russian activists have continued their actions to defend Khimki forest also today by carrying out a citizens’ inspection to prevent the still illegal felling of trees.

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