Second confirmatory application for disclosure of EIB documents related to Volkswagen loans
Advocacy letter | 25 January, 2016 | Download PDF
Following the revelations around Volkswagen cheating emission tests, Bankwatch requested information from the European Investment Bank about its loans to the car maker. After delays, incomplete disclosure, and a frist confirmatory application, the bank released on December 18, 2015 redacted finance contracts between the EIB and VW as well as redacted completion reports provided by VW to the EIB at the closure of each project. (See all documents here.)
Ukraine Nuclear Safety Upgrade Programme: loan conditions not met
Briefing | 21 January, 2016 | Download PDF
The Ukrainian government continues to disregard the legal conditions attached to the financial support it receives from the European Bank of Reconstruction and Development (EBRD) and Euratom for its nuclear safety upgrade program.
Lynxed in: EBRD still can’t say no to destructive Macedonian dam
Bankwatch Mail | 17 December, 2015 | Download PDF
The latest blow to the highly controversial 68 megawatt Boškov Most hydropower plant, that has attracted EUR 65 million in financing from the European Bank for Reconstruction and Development (EBRD), was dealt in early December by the Standing Committee of the Bern Convention, the European wildlife treaty.
Nuclear plant shenanigans intensify in Ukraine
Bankwatch Mail | 17 December, 2015 | Download PDF
An ageing nuclear unit in the South Ukraine power plant has become the latest to have its expiry date rewritten by Ukrainian authorities, despite a number of pending safety issues and concerns over compliance with international treaties.
Reckless dam financing rampant in the Balkans
Bankwatch Mail | 17 December, 2015 | Download PDF
A new Bankwatch report has found that loans totalling EUR 818 million from international public ‘development’ banks have supported 75 hydropower projects in the Balkans, including 30 which directly affect protected areas such as national parks, Natura 2000 sites and Ramsar sites.
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