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
If the EBRD does not lead the energy transition, we will have to do it ourselves
December 18, 2018
In the middle of last week, negotiators in this year’s UN climate summit in Katowice, Poland, were scrambling to agree on guidelines for the Paris Agreement that would ensure global warming is capped at no more than 2 degrees. At the same time, the European Bank for Reconstruction and Development (EBRD), one of the world’s key development banks, adopted a new energy lending strategy that ends its support for coal but keeps the door wide open for gas. Ioana Ciuta of CEE Bankwatch Network takes a closer look.
State of play with the energy transformation in Romania
December 13, 2018
Europe’s commitment to the Paris Agreement and the 2030 Agenda for Sustainable Development means that the EU must drive an energy transformation, but in Romania, inadequate financial support and a lack of political will still stand in the way of progress.
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
Gas Line to Europe Raises Questions of Corruption and Human Rights
July 5, 2018
For more than a year protesters have sought to stop work on a European-financed natural gas line coming all the way from Azerbaijan and the Caspian Sea to the land of olive trees and beaches in sou… Source: Gas Line to Europe Raises Questions of Corrup
Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.
