“Non finanziate TAP”: 27 organizzazioni europee scrivono alla BEI
January 30, 2016
Tra i firmatari anche Comitato No TAP e Re:Common. “Progetto in violazione dei diritti umani”, motivi fiscali, strategici, ambientali, climatici, democratici e politici alla base della richiesta.
EU funds spending plans in Latvia: What’s hidden behind the ‘green veneer’?
January 29, 2016
The millions of EU Cohesion Policy money are choosing the ‘darker side’ of Latvia’s renewable energy sources.
Bring on the money, don’t ask for results. EU funds spending plans in the Czech Republic
January 28, 2016
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.
NGOs urge the European Investment Bank not to finance the Southern Gas Corridor
January 28, 2016
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.
NGO open letter to EIB president: don’t finance the Southern Gas Corridor
January 28, 2016
In this letter, a group of 27 non-governmental organisations urge the President of the European Investment Bank not to finance the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe. As the EIB considers granting the biggest loan of its history to the Consortium in charge of developing the western section of the project, the Trans-Adriatic Pipeline (TAP), the group of NGOs warns about its most controversial aspects.
What EU money can’t buy: Poland’s green energy transition just out of reach
January 26, 2016
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.
Misuse of EU funds holds back Europe’s clean energy transition
January 26, 2016
The new member states from Central Europe misuse the EU funding aimed at decarbonising their energy systems.
NEW REPORT: Misguided spending by enfants terribles is undermining Europe’s transition to a fossil-free future
January 26, 2016
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.
Climate’s enfants terribles. How new Member States’ misguided use of EU funds is holding back Europe’s clean energy transition
January 26, 2016
This report published by Bankwatch and Friends of the Earth Europe shows how 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 research reveals that in CEE countries only 7 per cent of the 178 billion euros in European Regional Development and Cohesion Funds will be invested into renewables, energy efficiency and smart grids, and that the integration of climate considerations into all plans and projects – as required under EU law – remains superficial.
Second confirmatory application for disclosure of EIB documents related to Volkswagen loans
January 25, 2016
Following the revelations around Volkswagen cheating emission tests, Bankwatch requested information from the European Investment Bank about its loans to the car maker. After delays, incomplete disclosure, and a frist confirmatory application, the bank released on December 18, 2015 redacted finance contracts between the EIB and VW as well as redacted completion reports provided by VW to the EIB at the closure of each project. (See all documents here.)
