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The Bratislava bypass – a public-private partnership to get around traffic problems and debt statistics

Study | 19 December, 2016 | Download PDF

In this report, Bankwatch and Counter Balance trace the murky story of the Bratislava bypass, a EUR 1.76 billion project supported by the Slovak government and promoted as the biggest project in central eastern Europe that was guaranteed through the European Fund for Strategic Investments (EFSI).




Don’t finance Trans-Anatolian Pipeline (TANAP) – NGO letter to World Bank

Advocacy letter | 19 December, 2016 | Download PDF

A group of 39 international NGOs sent a letter to the Directors of the World Bank (WB) today urging the Bank not to finance the Trans Anatolian Pipeline (TANAP). TANAP is the Eastern part of the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe. The WB Directors will consider on December 20th a loan to the Turkish company Botas for the construction of the pipeline.




Risky business – Who benefits from the Southern Gas Corridor

Study | 13 December, 2016 | Download PDF

The Southern Gas Corridor, a string of pipelines meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills and is set to benefit from some of the biggest loans in the history of European public banks. But as this report reveals, Europe’s flagship energy project is set to benefit a host of companies and individuals with a particularly shady track record. Several companies contracted to build the Southern Gas Corridor have a worrying history of corruption.




Sustainability criteria for hydropower development

Briefing | 11 December, 2016 | Download PDF

Any hydropower project no matter the size can cause negative consequences to water basins, associated ecosystems, to climate and affected communities living along the water basins. A large number of individually acceptable projects can also lead to una




Reviewing the European Investment Bank’s carbon footprint methodology

Briefing | 8 December, 2016 | Download PDF

The briefing makes recommendations for the European Investment Bank’s methodology for calculating greenhouse gas emissions, which is currently under review. It also provides case studies that illustrate the shortcomings of the bank’s current approach – most notably its strategy towards supporting gas projects.




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