EU Ombudsman launches investigation into financing of Europe’s largest fossil fuels project
December 17, 2020
The European Investment Bank (EIB) has dangerously downplayed the contribution of the controversial Southern Gas Corridor to the unfolding climate crisis, according to a complaint that prompted the European Ombudsman to open a formal inquiry.
EIB keeps denying Southern Gas Corridor climate impact
August 4, 2020
As it seeks to morph into the EU’s climate bank, the European Investment Bank (EIB) continues to downplay the climate footprint of many of the projects it finances, including that of Europe’s largest fossil fuels project, the Southern Gas Corridor.
bne IntelliNews – TANAP pipeline comes online, a major piece in Europe’s energy puzzle
July 3, 2019
Completion of the TANAP pipeline brings completion of the Southern Gas Corridor that will diversify Europe’s gas supplies away from Russia closer to reality — at a time when Russia is building its own new pipeline infrastructure. Source: bne IntelliNew
The EU’s bank downplayed climate risk in granting record loans to Europe’s largest fossil fuel project
February 7, 2019
Brussels – In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing it with major financial support using EU public money.
Failure of the European Investment Bank to ensure proper climate impact assessment for TAP/TANAP
February 4, 2019
In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing
Proteste gegen Transadriatische Pipeline: Griechische Bauern gegen Erdgas
December 11, 2018
Ganz Europa will diese Pipeline. Wirklich ganz Europa? Wie 70 griechische Bauern gegen die Energiepolitik der EU rebellieren. Source: Proteste gegen Transadriatische Pipeline: Griechische Bauern gegen Erdgas
As human rights declaration turns 70, development banks have a ways to go to respect and protect rights defenders
December 10, 2018
Today 10 December marks the seventieth anniversary of the Universal Declaration of Human Rights. To coincide with this milestone, Bankwatch together with more than 200 organisations globally has called on international financiers [1] to ensure that these institutions support the realisation of human rights, avoid causing or contributing to rights abuses, promote an enabling environment for public participation, and safeguard rights defenders.
What do Blair and the Italian far right have in common? A commitment to destroying the environment
November 29, 2018
Despite the global epiphany that climate genocide is only 12 years away, a controversial gas pipeline is set to go ahead, writes BEN COWLES Source: What do Blair and the Italian far right have in common? A commitment to destroying the environment
Kjemper mot rørledninger
November 20, 2018
Greske bønder i Kavala frykter at nye energirørledninger som skal gjøre Europa mer uavhengig av russisk gass, vil ødelegge hele regionen. Source: Kjemper mot rørledninger
Funding flows into Eurasian gas pipelines
July 13, 2018
The World Bank Group has issued a guarantee for a US$1.1bn syndicated loan for the huge Trans-Antolian Natural Gas Pipeline (Tanap), which is to transport gas from Azerbaijan to Europe. Source: Funding flows into Eurasian gas pipelines