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Open letter to EIB: Improvements for energy policy draft

Advocacy letter | 19 July, 2013 | Download PDF

The letter, signed by nine NGOs, think tanks and an asset management company, acknowledges the positive step the European Investment Bank has taken with its draft policy “EIB and Energy: Delivering Growth, Security and Sustainability” but also suggests a number of elements that need to be tightened to make the EIB’s energy lending policy policy fit for purpose in reducing risks of high-carbon lock-in for the EU electricity system.

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Overview of financing instruments for community power projects

Briefing | 18 July, 2013 | Download PDF

“Community energy projects” are energy projects providing for direct benefits to a group of local shareholders. The opportunity for residents to develop and own green energy infrastructure or to jointly leverage untapped energy saving potential, represents a range of economic and social opportunities such as job creation, business opportunities, lowering energy bills and acceptance of sustainable energy production.

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Bankwatch comments to the EIB draft energy policy

Policy comments | 9 July, 2013 | Download PDF

The EU’s global leadership on climate change is set to take another blow if the European Investment Bank, the EU house bank and one of the world’s largest public lenders, adopts a future energy lending policy as presented yesterday to the public. The draft policy includes weaker standards for lending to coal plants than currently proposed in both the US and Canada.

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NGO analysis of the results of the Cohesion Policy trilogues

Briefing | 9 July, 2013 | Download PDF

Six environmental NGOs, having been working on the Cohesion policy regulations for several years, provide in this document a detailed analysis on the uptake and safeguards of key environmental issues throughout the negotiations between the three institutions (Parliament, Council and Commission), and recommendations to ensure that the next Cohesion Policy for 2014-2020 better contributes to Europe’s 2020 targets, creates green jobs, enhances economic opportunities and addresses environmental challenges.

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NGO’s protest letter: Proper impact assessments must be minimum condition for EBRD loan involving “fracking” in Tunisia

Advocacy letter | 2 July, 2013 | Download PDF

A USD 60 million loan to Serinus Energy for a project that involves hydraulic fracturing (“fracking”) concessions in Tunisia is being currently considered by the EBRD. In this letter, Tunisian and European organisations urge the EBRD to reject the loan at the next Board meeting or to postpone the decision and undertake proper assessment of its impacts with in-depth consultations of the stakeholders.

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