Study | 18 November, 2010 | Download PDF
The report presents a new proposal by seven green NGOs including Bankwatch on how to reform the EU funds, analyses different EU policies and suggests concrete solutions to put an end to environmentally harmful subsidies within the EU Budget. Our key challenges in tackling climate change, biodiversity loss and resource inefficiency need to be prioritised ahead of funding for unnecessary infrastructure projects and the subsidising of intensive agriculture.
Briefing | 17 November, 2010 | Download PDF
Bankwatch’s examination of the EBRD’s own data leads to three main conclusions: EBRD lending for fossil fuel (coal, oil and gas) projects has risen rapidly, and more than tripled between 2008 and 2009. There has been concerted EBRD lending for energy efficiency projects – a welcome development. Lending for renewable energy is increasing but remains at a low level.
Policy comments | 1 November, 2010 | Download PDF
Our comments highlight the EBRD’s draft strategy’s lack of a clear analysis of social and environmental development outcomes that the EBRD seeks to achieve over the strategy period and the concrete impacts on peoples lives that are expected. Specific sectors covered in our comments are the financial and energy sectors, as well as transport and municipal and environmental infrastructure (MEI).