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Comments on EBRD policy and forthcoming energy strategy (Urgewalt/Klimaallianz, DE)

Policy comments | 16 January, 2013 | Download PDF

In their comments, the German NGO urgewald and the environmental coalition Klimaallianz focus on the EBRD’s support for fossil fuels and nuclear energy. Their recommendations call for a phase out of loans to fossil fuels, a more stringent approach to energy efficiency and a stronger focus on renewables for domestic needs.


Comments on the EBRD’s 2006 Energy Operations Policy and recommendations for the forthcoming Energy Strategy

Policy comments | 15 January, 2013 | Download PDF

As the first step in its review of its Energy Operations Policy, the EBRD asked for input on its current policy before moving on to write the new sectoral strategy. In our comments, Bankwatch highlighted the current policy’s lack of restrictions on climate-damaging projects including coal power plants and the need for the bank to adopt strict sustainability criteria in order to ensure that it supports only truly sustainable renewable energy.


The EIB’s energy lending in the spotlight

Briefing | 14 January, 2013 | Download PDF

The European Investment Bank has opened a review of its energy policy and called for the public’s views on the key future challenges for the bank’s operations. The lending figures to the energy sector until 2011 show that the policy must better guide the EIB’s lending towards EU policy objectives of de-carbonisation of the energy sector.


European Commission, DG Environment comments to the EIB energy sector lending policy consultations

Policy comments | 7 January, 2013 | Download PDF

While not part of the EIB’s energy policy review process as such, following an official request for information Bankwatch has received comments submitted by the Directorate-General for Environment of the European Commission to the EIB as part of ongoing exchanges between the bank and the Commission.


Expert assessment of Alstom’s business ethics

Briefing | 4 January, 2013 | Download PDF

The French energy and transport conglomerate Alstom is one of the seven finalists for the People’s Public Eye Awards 2013. This assessment – done by experts from the Institute for Business Ethics of the University of St. Gallen, Switzerland – takes a look at international treaties and Alstom’s conduct in relation to them.