Europe’s biggest fossil fuel project gets €1.5bn public loan
February 6, 2018
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historic mistake” Source: Europe’s biggest fossil fuel project gets €1.5bn public loan
Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
February 6, 2018
In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
Controversial gas pipeline gets EUR 1.5 billion in public money amid massive climate risk
February 6, 2018
CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe, 350.org Press release For immediate release Prague, Brussels –– The European Investment Bank (EIB) voted today to hand out one of Europe’s largest ever loans to one of the EU’s larges
TAP to Start up Early 2020: CEO
February 5, 2018
The TransAdriatic Pipeline (TAP) project is now on schedule for early 2020 start up, according to its president Walter Peeraer, in an interview with NGW that covered capacity expansion and its operating regime. Source: TAP to Start up Early 2020: CEO
Pipelinegas so schädlich wie Kohle
February 3, 2018
Erdgas gilt als relativ klimafreundlich und Brücke ins postfossile Zeitalter. Doch Förderung und Transport könnten klimaschädlicher sein als die Kohleverbrennung Source: Pipelinegas so schädlich wie Kohle
New study shutters EU claims on climate benefits from flagship energy project
January 30, 2018
The controversial Southern Gas Corridor, the EU’s flagship energy project, could be as emissions-intensive as coal power or even more, a new study reveals.
How could participatory budgeting be introduced in the post-2020 EU Budget?
January 17, 2018
This is an analysis of best practice amongst the growing trend towards democratising public spending through participatory budgeting. With recommendations for the introduction of pilot processes within the post-2020 EU Budget, empowering citizens in sp
Pyromaniacs in Budapest want to burn EU funds in new waste incinerator
December 22, 2017
With its plans to build a new waste incinerator in Budapest with EU funding support, Hungary’s government not only ignores the opportunity to make it’s cities cleaner and healthier, but also piles up costs its citizens will have to pay in the future.
EUR 1.5 billion public loan for controversial pipeline withheld
December 12, 2017
Today, at a board meeting in Luxembourg the European Investment Bank has decided, for now, to postpone loaning 1.5 billion euros to the controversial Trans-Adriatic Pipeline.
Gas lending at the European Investment Bank 2013-2016
December 12, 2017
Since the European Investment Bank (EIB) revised its energy lending criteria in 2012, it has limited its support for fossil fuels projects in the energy sector and eliminated the most polluting power plants from its portfolio. However, the bank’s contr