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We will not share Monsanto’s risk – Open letter to the EBRD

Advocacy letter | 19 November, 2012 | Download PDF

Signed by more than 150 organisations, the letter calls on the European Bank for Reconstruction and Development to not further consider USD 40 million unfunded risk participation in Monsanto’s portfolio in Bulgaria, Hungary, Russia, Serbia, Turkey, and Ukraine. The letter explains Monsanto’s long and controversial history of transferring its risks onto other people and the environment. It argues that support for this company and the agricultural model it represents is highly inappropriate for a multilateral development bank committed in its statute to promoting “environmentally sound and sustainable development”.


EU budget 2014-2020: NGO priority recommendations for the Common Strategic Framework

Briefing | 19 November, 2012 | Download PDF

Environmental NGOs strongly welcome the Common Strategic Framework (CSF) as an Annex of the Common Provisions’ Regulation. It is a needed tool to ensure a proper implementation of fundamental principles and approaches of the Regulation that helps ensure that the future programmes will better contribute to reach the Europe 2020 targets, create regional green jobs, enhance economic opportunities and address environmental challenges. This briefing on the parts of the CSF which we support the most, and underlines as well several opportunities for improvements.


Ukraine nuclear power plants safety upgrade programme

Briefing | 14 November, 2012 | Download PDF

The European Bank for Reconstruction and Development (EBRD) and Euroatom plan to support the nuclear power plant safety upgrade project in Ukraine. The EU presents the project as a timely initiative to improve nuclear safety in the region. A closer inspection however shows that it in fact can increase nuclear risks, in that the project includes a significant number of measures necessary to extend the lifetime of the reactors.


Letter to German Chancellor Angela Merkel: Future EU budget should make use of green potential (German language)

Advocacy letter | 12 November, 2012 | Download PDF

With this letter, Bankwatch, Friends of the Earth Europe and BUND/FoE Germany, sent the map of positive EU funded projects – Well Spent – to Chancellor Merkel, asking her to continue advocating for a quick agreement on the future EU budget 2014-2020 and to ensure that the potentials of green spending are being considered in the negotiations.


Comments on the draft EBRD country strategy for Albania (2012)

Policy comments | 9 November, 2012 | Download PDF

The environmental center EDEN is convinced that the EBRD can play a significant role in supporting Albania’s sustainable development and the country’s integration into the European Union. Several examples of previously funded projects show that this is possible. However still the majority of funds go to big scale projects that often harm the environment and social cohesion. These comments pay special attention to EBRD financing in the energy sector.