Study | 18 April, 2007 | Download PDF
This report finds that the multi-million euro loans of the European Investment Bank (EIB) in the transport sector are helping to fuel climate change and have made little or no contribution to the more progressive goals of the EU White Paper on transport, especially those on modal shift and decoupling transport from economic growth. The report analyses the EUR 112 billion that the EIB provided to transport projects in the period 1996-2005.
Bankwatch Mail | 18 April, 2007 | Download PDF
In this issue: Planes, loans and automobiles * Kyrgyzstan’s government rejected HIPC shackles thanks to public pressure * Editorial: Double standards for how much longer? * The nuclear white elephant in Bulgaria’s room * Rospuda interview – EU law in the driving seat * First PPP motorway in Russia to cause problems for thousands of people * Your voice in Europe: support the Green paper on urban transport
Study | 11 April, 2007 | Download PDF
As the new member states are negotiating their EU funding plans for 2007-2013 with the European Commission, the report shows that the 177 billion euros to be spent in these countries is on a collision course with the EU’s commitments to avoid climate change. The spending plans feature remarkably little in the way of clean and efficient energy, while in the transport sector they focus on road building at the expense of public transport.