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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.

Bankwatch comments on EBRD country level transition indicators

Policy comments | 22 March, 2011 | Download PDF

The European Bank for Reconstruction and Development’s transition indicators for some time already were rather disconnected from the situation in the EBRD’s countries of operation. Our comments are premised on the point that the ultimate goal of transition is not only a market economy, but an environmentally sustainable and socially just one.

EU public funds for “securing” dirty coal and nuclear energy Ukraine transmission lines background paper

Briefing | 15 March, 2011 | Download PDF

Over the past few years, a series of strategies, agreements and loans have brought the EU and Ukraine into closer cooperation on perpetuating nuclear and carbon-intensive energy infrastructure and generation, with international financial institutions (IFIs) brokering the deals.

Comments to draft EBRD country strategy for Ukraine

Policy comments | 14 March, 2011 | Download PDF