A historic event, the European Investment Bank opens its doors (a bit)
October 12, 2011
Ahead of a meeting next week that offers a unique chance for discussion with the EIB’s Board of Directors, Bankwatch’s EIB team leader Anna Roggenbuck gives an overview over some of the issues to which she’d like to hear some comments by the bank’s enigmatic leadership.
Potocnik says green economy, European public banks say black coal
October 3, 2011
The European Union’s internal and external ambitions for green economies are being countered by the activities of European international financial institutions. EU Commissioner for the Environment Potocnik can see that also in his home country Slovenia.
Contemplating secure and insecure energy supply
September 7, 2011
The EU external energy policy Communication published today by the European Commission continues the decade-long approach of the EU to ensure the unhindered flow of fossil fuel energy supplies to Europe without a real recognition of the problems this drive creates both inside and outside of the EU.
Transparency allergy reappears at EIB, crisis billions still cloaked in confidentiality
February 4, 2010
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.
Change the lending, not the climate
December 2, 2009
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.
Dead workers, stinking pollution and forced evictions: New report highlights ArcelorMittal’s global trail of destruction
May 13, 2008
A newly-formed coalition of environmental and community groups [1] – Global Action on ArcelorMittal – today released a report showing how local residents and workers around the world pay the price of ArcelorMittal’s success.
Implementation of the Management Response to the Extractive Industries Review
December 9, 2005
This paper provides a report to the Board on progress in implementing the Management Response to the reports of the Extractive Industries review and the World Bank Groups’s own evaluations. It follows abn interim update to the Board in July 2005. The paper overviews key extractive industries (oil, gas, mining – EI) related developments in the last year, summarizes WBG activities in the sector in the year, and reviews specific progress in implementation of the MR.
Extractive Industries Review Reports
November 4, 2005
Striking a Better Balance Executive Summary English | French | Russian | Spanish ) Volume I: The World Bank and Extractive Industries
Is the EIB cooling climate change or fueling it? New report sceptical about EU bank’s investments in renewables
June 2, 2005
With the European Commission sponsored Green Week underway in Brussels, a new study has found that the European Investment Bank’s commitment to investing in renewable energy is in serious doubt owing to the EIB’s opaque information procedures and its definition of renewable energy projects.
Striking a better balance – The World Bank Group and Extractive Industries: the Final Report of the Extractive Industries Review
August 7, 2004
The World Bank Group annonced in 2000 it would conduct a comprehensive assessment of its activities in the extractive industries sector (oil, gas, and mining production EI). This included, the Extractive Industries Review, an independent stakeholder consultation process headed by Dr. Emil Salim (former state Minister for population and Environment, Indonesia). Dr. Salims report produced a number of recommendation for the institutions future involvment in the sector.