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Bankwatch Mail 47

Bankwatch Mail | 15 April, 2011 | Download PDF

Content (Click on titles to read articles online) Abuses continue in Moscow as development banks give up on Khimki road financing Local pressure in Lithuania keeps EU funds out of the waste incineration fire It’s the EU funds, stupid, and the green economic dividends they offer BTC under fire for violating human rights obligations and pipeline integrity issues


Vinci’s failure to respect Global Compact commitments on human rights and the environment in Khimki

Advocacy letter | 28 March, 2011 | Download PDF

The letter to representatives of the UN Global Compact gives details on the failure to respect commitments under the Global Compact initiative by the construction company Vinci in connection with the Moscow St. Petersburg motorway project (near Khimki).


Letter to European Commission: Consultation process for the future Instrument for Pre-Accession Assistance post 2013

Advocacy letter | 25 March, 2011 | Download PDF

Consultations for the future Instrument for Pre-Accession Assistance (IPA) has not been promoted adequately to attract attention and inputs from civil society. Bankwatch and its partners and members from the Western Balkan region therefore request to prolong the consultation period and promote the call for consultations more widely.


Comments to the EC’s plans to increase EIB operations and commence ERBD operations in North Africa

Policy comments | 23 March, 2011 | Download PDF

The European Commission’s announced plans to give the European Investment Bank and the European Bank for Reconstruction leading roles in promoting democratisation and development in the Southern Mediterranean region. Counter Balance and Bankwatch are concerned that both institutions first need to demonstrate their ability to bring environmentally sustainable and socially positive development impacts. We also call for an immediate investigation into the EIB financing to the Mediterranean so far, to examine whether corrupted elites have benefited from the bank’s loans.


Civil society concerns about EBRD expansion into North Africa

Advocacy letter | 23 March, 2011 | Download PDF

As a result of the recent revolts in the Southern Mediterranean, the European Commission proposed March 8 that the European Bank for Reconstruction and Development be given a leading role in promoting democratisation and development in the region. But NGOs argue that the EBRD’s mandate should not be expanded for the foreseeable future.