Advocacy letter | 20 October, 2009 | Download PDF
The EIB is considering approval of the loan for Ukrenergo for the South Ukraine Transmission Project. Bankwatch member group NECU, as well as other concerned NGOs and individuals, have deep misgivings about the unexpected rush of the EIB in considering this project when currently its environmental impact assessment process is still ongoing according to EBRD and Ukrainian procedures, it is still far from being positively completed.
Official document | 19 October, 2009 | Download PDF
Bankwatch’s complaint, submitted to EIB Complaints Mechanism, addresses the lack of disclosure of documents concerning the construction of the D1 Phase I Motorway in Slovakia. This complaint follows one submitted by Bankwatch member group CEPA, Slovakia dealing with the environmental aspects of the motorway’s construction.
Advocacy letter | 19 October, 2009 | Download PDF
The letter by NGO coalition Global Action on Arcelor Mittal (GAAM), follows the discovery of EIB considerations of a loan for steel company ArcelorMittal and informs the EIB of ArcelorMittal’s extremely poor environmental, social and transparency record in many countries. As the worlds largest steel company ArcelorMittal could access financing from other sources, and there is no added value in providing a low-interest public loan to the company. GAAM and Bankwatch therefore urge the EIB not to approve any loan to ArcelorMittal in the foreseeable future.
Briefing | 19 October, 2009 | Download PDF
This report details the findings from our second fact-finding mission on the Corridor Vc motorway in Bosnia and Herzegovina, carried out in September 2009. Since the last mission in March proposals for changes in the route have been approved by the government of the Federation of Bosnia-Herzegovina, which would avoid the problems at the tentative UNESCO World Heritage Sites Blagaj and Pocitelj.