UK companies ‘linked to Azerbaijan pipeline bribery scandal’
December 31, 2016
Alleged payments to Italian MP before key European debate scrutinised
World Bank’s controversial TANAP loan is bad news for human rights and climate action
December 21, 2016
Yesterday, the World Bank’s board of directors approved two USD 400 million loans, to Azerbaijan and to Turkey, to develop the Trans Anatolian Pipeline (TANAP), the centrepiece of the Southern Gas Corridor project. CEE Bankwatch Network and Counter Balance are deeply concerned that the decision to channel such large amounts of money to Europe’s biggest fossil fuels project could exacerbate the already dismal human rights situation in both Azerbaijan and Turkey, and undermine the global efforts to tackle the climate crisis.
NGO letter to AIIB concerning loan for Trans-Anatolian Pipeline (TANAP) in Turkey
December 20, 2016
Ahead of an expected loan decision by the Asian Infrastructure Investment Bank for the TANAP pipeline, non-governmental organisations raised concerns over financing a project of this size in a country under martial law where the human rights situation is deteriorating continuously.
[Campaign update] World Bank non-compliant with its own resettlement policies in Kosovo
December 19, 2016
The World Bank has this week published the Investigation Report of its Inspection Panel for the involuntary resettlement of residents in the village of Hade near Pristina in Kosovo. The investigation, undertaken following a complaint by current and for
Don’t finance Trans-Anatolian Pipeline (TANAP) – NGO letter to World Bank
December 19, 2016
A group of 39 international NGOs sent a letter to the Directors of the World Bank (WB) today urging the Bank not to finance the Trans Anatolian Pipeline (TANAP). TANAP is the Eastern part of the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe. The WB Directors will consider on December 20th a loan to the Turkish company Botas for the construction of the pipeline.
Revealed: the EU’s flagship energy project is built by companies with a legacy of corruption
December 14, 2016
No less than 15 firms contracted to build the Trans Adriatic Pipeline (TAP) and the Trans Anatolian Pipeline (TANAP), the two main sections of the so-called Southern Gas Corridor, have been implicated in various forms of corruption in the past, according to a CEE Bankwatch Network report published today.
‘Southern Graft Corridor’ or the shady history of companies involved in Europe’s pet energy project
December 13, 2016
A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor.
Risky business – Who benefits from the Southern Gas Corridor
December 13, 2016
The Southern Gas Corridor, a string of pipelines meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills and is set to benefit from some of the biggest loans in the history of European public banks. But as this report reveals, Europe’s flagship energy project is set to benefit a host of companies and individuals with a particularly shady track record. Several companies contracted to build the Southern Gas Corridor have a worrying history of corruption.
Postpone decision on loan for Shah Deniz II gas field in Azerbaijan – letter to the board of the Asian Development Bank
December 5, 2016
Ahead of the Asian Development Bank’s board meeting where a loan to the Shah Deniz gas expansion project in Azerbaijan is to be discussed, a group of NGOs ask the ADB board to postpone a decision and align the ADB to the practice of other IFIs involved in financing the same and related gas projects.
Letter to ADB concerning loan for Shah Deniz gas field in Azerbaijan
December 5, 2016
Ahead of an expected loan decision by the Asian Development Bank for the Shah Deniz gas field in Azerbaijan, non-governmental organisations raised concerns over the human rights situation in the country as well as in Turkey, to where the gas from Shah Deniz will be transported via the Southern Gas Corridor.
