EUR 1.5 billion public loan for controversial pipeline withheld
December 12, 2017
Today, at a board meeting in Luxembourg the European Investment Bank has decided, for now, to postpone loaning 1.5 billion euros to the controversial Trans-Adriatic Pipeline.
The weakest link – the EBRD’s energy lending 2010-2016
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
More billions for fossil fuels overshadows European development bank’s climate pledges
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
Energy lending at the EBRD: Fossil fuels up, renewables down
December 11, 2017
What’s going on with the Green Economy Transition at the European Bank for Reconstruction and Development?
Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
November 30, 2017
Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.
Land lost but not forgotten
November 30, 2017
Impacts of the Trans-Adriatic Pipeline on the land and livelihoods of farmers in Albania In May 2017, Bankwatch, together with the Albanian Helsinki Committee undertook a mission along the corridor of the Trans-Adriatic Pipeline in Albania to talk to p
Europe’s murky Eastern energy deals
November 24, 2017
Millions of euros in public money are being invested in large infrastructure projects in the EU’s eastern neighbours in total disregard for Europe’s climate goals, and local communities, writes Manana Kochladze.
Kill the funding. Kill the pipeline.
November 1, 2017
The anti fossil fuels movement 350.org calls for cutting off the funding to new gas infrastructure for Europe – namely for the ‘carbon bomb’ that is the Southern Gas Corridor.
The great gas lock-in – industry lobbying is behind the EU push for new gas infrastructure
October 31, 2017
A new report from Corporate Europe Observatory shows why the fire-power of the gas industry makes it a powerful and effective lobbying force in Brussels and national capitals. Meanwhile, public interest groups have a fraction of the resources and access.
Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change
October 18, 2017
A USD 500 million loan approved today by the European Bank for Reconstruction and Development for the construction of the Trans Anatolian Pipeline is set to benefit, among others, state-owned companies in Azerbaijan and Turkey.
