Projects listed here are not anymore actively monitored by Bankwatch. The content on these pages is not up-to-date but may provide relevant background information.
Baku-Tbilisi-Ceyhan Pipeline, Caucasus
The Baku-Tbilisi-Ceyhan Export Oil Pipeline (BTC), a key component of US Energy Security strategy, is being hailed as a model of development and poverty alleviation by the involved international financial institutions. But their involvement has once again revealed the distance between the theory and rhetoric of the development banks on the one hand and their influence on the ground on the other.
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Krakow waste incinerator, Poland
Poland is hoping to use EU funds to construct municipal waste incinerators in 12 cities – this figure is up from the 9 that were planned in 2008. The total cost of the proposed incinerators will consume around 66% of Poland’s Cohesion Funds money for waste management for the 2007-2013 period. Moreover, as potentially only half of the 12 planned incinerators will be ready to apply for EU funding within the present financial period 2007-2013, available waste funding will be blocked for developing alternatives such as separate collection and recycling schemes.
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Vienna-Brno motorway, Austria-Czech Republic
The currently proposed route for the new Brno-Vienna motorway via Mikulov and Drasenhofen, promoted by the Austrian and Czech governments, could become the most expensive and environmentally destructive way to link these two central European cities.
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