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Home > Archives for Fossil gas

Fossil gas

If the EBRD stands for democracy it should not support TAP – Italian community addresses bank’s directors

May 11, 2017

At a meeting with the directors of the European Bank for Reconstruction and Development, Bankwatch campaigners read a statement from Italian communities opposing the Trans-Adriatic Pipeline, the last leg of the Southern Gas Corridor, a 3500 km pipeline


Italian authorities overrun communities in a bid to enable Europe’s dash for gas

May 8, 2017

In a last minute attempt to force facts on the ground, the Italian authorities have enabled the removal of a group of olive trees to make room for a future construction site of the Trans-Adriatic Pipeline (TAP), despite an earlier agreement between the company and local institutions. Nevertheless, the company has not been able to clear the site by the official deadline and the residents have vowed to step up their protest against the largest energy project the EU is currently pursuing.


Why the EBRD should not finance the Southern Gas Corridor

May 5, 2017

While the EBRD is currently considering loans for the Trans Adriatic Pipeline (TAP) and TANAP, both part of the Southern Gas Corridor, the bank should asses the reputational and financial risks of involvement in the project.


Why no Trans-Adriatic Pipeline (NO TAP), here or elsewhere

April 13, 2017

This article first appeared on the Re:Common website. It was the end of February and the scene is Baku, the capital of Azerbaijan. During an official meeting, the Italian government was severely criticised for the considerable delays in the constructio


Italian communities block pipeline works to save ancient olive trees

March 23, 2017

An ancient olive grove in southern Italy is currently on the frontlines of grassroots resistance to the Southern Gas Corridor project, the EU’s flagship energy project.


EU multilateral banks face complications in lending for gas pipeline

March 16, 2017

The €41 billion pipeline is supposed to ship gas from the Caspian Sea to the EU. Source: EU multilateral banks face complications in lending for gas pipeline


Azerbaijan suspended from the EITI – a Bankwatch and Counter Balance statement

March 10, 2017

A decision to suspend Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) adopted yesterday (Mar 9) is the latest reminder for international financial institutes to avoid supporting the Southern Gas Corridor (SGC) project.


Tackling gender inequality at the EU’s flagship energy project

March 7, 2017

It is fitting that we use today to reflect on the European Investment Bank’s new Strategy on Gender Equality and Women’s Economic Empowerment: 8 March is International Women’s Day. Adopted at the beginning of this year, the strategy complements the ban


Question marks abound over EU-Azerbaijan gas tango

February 23, 2017

Ministers, ambassadors and envoys from at least 15 countries, including Maroš Šefčovič, the European Commission’s Vice President for the Energy Union, are gathered today in the Azerbaijani capital to discuss the progress on the Southern Gas Corridor, t


EIB response to the Risky Business report

February 16, 2017


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