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Letter: Substantial amendments needed for EIB climate strategy

Advocacy letter | 8 September, 2015 | Download PDF

The European Investment Bank’s draft Climate Strategy, although it presents a few interesting technical opportunities, does not constitute a fully-fledged strategy: it lacks strong and measurable objectives, relevant action plans and clear implementation timelines to support those objectives. Bankwatch, urgewald, Counter Balance and WWF Europe therefore ask the EIB to make substantial amendments to the draft in the following three areas: energy efficiency, the cimate action target and the emissions performance standard.


Ukraine nuclear lifetime extensions require impact assessment in compliance with Aarhus and Espoo convention

Advocacy letter | 18 August, 2015 | Download PDF

On several occasions the European Bank for Reconstruction and Development stated that operations of its clients should comply with all international treaties and other legal obligations. In spite of these reassurances, Energoatom in Ukraine keeps ignoring its international obligations, as outlined in the Espoo Convention, in the processes of assessing the life-time extension of its nuclear reactors.


Letter to European Commission: Reconsider disbursement of loans for Ukraine nuclear project

Advocacy letter | 10 August, 2015 | Download PDF

In this letter, Bankwatch asks the European Commission to reconsider the disbursement of the Euratom and EBRD loans for the Ukraine nuclear safety upgrade programme that effectively enables the lifetime extensions at Ukraine’s nuclear reactors. The letter provides evidence for the intertwined character of the upgrade programme and the lifetime extensions and for Ukraine’s refusal to meet its obligations under international conventions.


Letter to European Commission (DG ECFIN): Ukraine does not meet obligations under international law

Advocacy letter | 10 August, 2015 | Download PDF

The European Commission stated in an earlier letter that any decision by Ukraine to extend the life-span of any of its nuclear power plants will require assessment under the Aarhus and Espoo Conventions. In this letter, Bankwatch offers evidence for how Ukraine is indeed extending the lifetimes of its nuclear reactors but not meeting its obligations under the conventions.


Publish What You Pay: ‘Lukoil loan would fundamentally contradict EBRD policies’

Advocacy letter | 21 July, 2015 | Download PDF

The Board of the Extractive Industries Transparency Initiative (EITI), a coalition of companies, governments, investors and civil society organisations has unanimously downgraded Azerbaijan to a “candidate country”. Azerbaijan will be suspended from the EITI in April 2016 if it does not comply with a set of requirements that ensure civil society can work freely in the country.