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Support to fossil fuel projects from the European Fund for Strategic Investments (EFSI)

Briefing | 13 January, 2017 | Download PDF

In September 2016 the European Commission published its proposal for the prolongation of the EFSI until 2020, to be achieved by amending the existing regulation. We welcome several improvements, but are concerned that they fall short of properly tackling the challenges and shortcomings identified, namely to provide additionality and catalyse the unambiguous move to reduce GHG reductions. On the basis of our in depth report Best Laid Plans, which analysed the 93 projects approved until July 2016 and further analysis of the EFSI entire portfolio till the end of 2016 under the Infrastructure and Innovation Window (IIW), we consider that the EFSI regulation needs considerable improvements in the energy area.


NGO letter to AIIB Board of Directors on TANAP loan

Official document | 20 December, 2016 | Download PDF

We are writing to express our serious concerns about the Azeri TANAP project in Turkey coming to the Asian Infrastructure Investment Bank’s Board of Directors on Wednesday (December 21) at an extraordinary meeting. While the AIIB TANAP project sheet in


NGO letter to AIIB concerning loan for Trans-Anatolian Pipeline (TANAP) in Turkey

Advocacy letter | 20 December, 2016 | Download PDF

Ahead of an expected loan decision by the Asian Infrastructure Investment Bank for the TANAP pipeline, non-governmental organisations raised concerns over financing a project of this size in a country under martial law where the human rights situation is deteriorating continuously.


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.