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Home > Archives for Press release

No excuses for the EIB to finance Sostanj

December 21, 2012

Ljubljana — The Slovenian parliament has ratified today – in an extraordinary session, right before the start of the Christmas holidays – the state guarantee contract between the European Investment Bank and the Slovenian government for a 440 million euros loan for the construction of a new coal unit at Sostanj.

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New report shows World Bank tough talk on climate is just a mirage in Mongolia’s Gobi desert

December 14, 2012

Ulaanbaatar, Mongolia – Just one week after its grim warning during the UN climate talks in Doha that the world is on a path towards a four degree-rise in global temperatures, the World Bank is set to approve financing for yet another coal plant. The plant will power a giant mining complex in Mongolia’s South Gobi desert, fuelling climate change and violating the Bank’s own policies, argues a new analysis from advocacy groups.

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Dirty coal gets closer to receiving almost half a billion euros from EU taxpayers

December 3, 2012

The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.

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Collapse of EU budget talks short-changes people and planet

November 23, 2012

With today’s collapse of negotiations at the EU budget summit in Brussels, environment groups CEE Bankwatch Network and Friends of the Earth Europe called on countries to focus their efforts on agreeing a deal in the new year that has quality EU spending [1] at the top of the agenda.

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EU budget negotiations must tackle mistakes of past with focus on quality spending

November 22, 2012

Brussels, November 22, 2012 – As European leaders gather in Brussels today for the EU budget summit, quality spending must be the focus of discussions if the future European budget is to tackle Europe’s environmental and economic crises, according to environment groups CEE Bankwatch Network, Friends of the Earth Europe and Transport & Environment.

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Press Briefing for European Summit 22-23rd November: How to ensure strong green spending runs throughout the Multiannual Financial Framework 2014-2020

November 20, 2012

This week’s European Council will be crucial for ensuring that the Multiannual Financial Framework 2014-2020 (MFF) mobilises sustainable investments that can create millions of jobs and take Europe forward on a solid footing out of the crisis. The current overall MFF proposal is far from green: it is a lost opportunity. There is a lot of room to shift MFF allocations towards better spending and to relocate funds to greener sectors. Therefore we wish to draw your attention to five key issues for the Council that could substantially increase the chances of the next MFF delivering multiple benefits.

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Monsanto Should Not Expand Relying on Public Money

November 19, 2012

London — Monsanto, the world’s largest seed producer and one of the most prominent promoters of GMO crops worldwide, is set to receive 40 million US dollars of public financial support via the European Bank for Reconstruction and Development.

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Green spending appears on EU budget radar – it must stay there, say environment groups

November 14, 2012

Brussels, Belgium — The latest EU budget 2014-20 negotiating text, published today by President of the European Council, Herman van Rompuy, contains the first sign of hope for a future EU budget that tackles climate change and helps support a sustainable future for Europe’s 500 million people, according to CEE Bankwatch Network and Friends of the Earth Europe.

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Quality spending still off the table as Cyprus issues draft budget figures

October 30, 2012

Brussels — Indicative figures for Europe’s 2014-2020 budget offer little hope of a green future for agricultural and regional spending, according to CEE Bankwatch Network and Friends of the Earth Europe.

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Clean, green EU spending is possible – New map highlights European regional spending that works for environment and people

October 18, 2012

Visit http://www.wellspent.eu to see how European projects funded by Cohesion Policy are working for the environment, society and the economy. Brussels, October 18, 2012 – A new publication released today documenting regional spending during the 2007-2013 period highlights how in times of economic and environmental crisis, Cohesion Policy can guide investments that are sustainable, innovative and really benefit the public. CEE Bankwatch Network, Friends of the Earth Europe and WWF published today a map showing where European regional spending has triggered environmental protection and sustainable development – including public transport, renewable energy and energy efficiency projects.

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