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Home > Publications

Publications

Policy position


Bankwatch’s position on the EU’s 2028–2034 Multiannual Financial Framework proposal


Our position paper analyses the European Commission’s proposal for the 2028–2034 Multiannual Financial Framework, highlighting how it falls short of addressing Europe’s urgent investment needs.

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Topics
29 May 2008
Fuelling the fire: European Investment Bank financing for the incineration industry

The European Investment Bank is mandated to promote EU policy with its project investments and invested over EUR 1.5 billion in 33 waste management projects between 2000 and 2006, the majority of which were in the EU. If the EIB is to truly support the implementation of EU p…

29 May 2008
Follow-up letter to the EBRD regarding the Bautino Atash Marine and Supply Base project in Kazakshtan
28 May 2008
Rapid Environmental Assessment for the Industrial and Energetic Park’s at Porto Romano, Durres, Albania
28 May 2008
Letter to DG TREN regarding EU and EIB funds for ill-conceived projects
22 May 2008
Report on the meeting with DG Regio regarding the Demir Kapija – Smokvica highway
19 May 2008
Western High Speed Diameter: strategic risks of a strategic project

The Western High Speed Diameter (WHSD) is a 46 kilometre toll motorway, part of the IX Pan-European Transport Corridor linking St. Petersburg with Scandinavia. The road has been presented as a strategic investment priority for St. Petersburg by the Russian authorities and in…

19 May 2008
Who wants it? Who needs it? The Vlora coastal terminal, Albania

The terminal is to be located inside the industry park near a thermo-power plant which has already received lending support from the EBRD, European Investment Bank and the World Banks International Development Association.

19 May 2008
Environmental activity of the LUKOIL Company in Komi

In May 2007 the LUKOIL Company signed a USD 300 million loan contract with the EBRD and other multilateral banks to finance an environmental security scheme of the LUKOIL group subsidiaries. The borrowed funds were supposed to be used for implementing environmental projects…

19 May 2008
Introduction of cyanide leaching at the Chelopech gold and copper mine

The Chelopech Mining project is separated in two parts: Phase 1 focusing on environmental improvements; and Phase 2 proposing the expansion of metals production through the introduction of cyanide leaching technology. EBRD approved a USD 10 million loan for Phase 1 in 2004….

19 May 2008
EBRD water projects in Georgia

Since Georgias independence in the early 1990s, due to financial constraints maintenance and repair works at most of the water utilities have been neglected. In order to improve the situation in the water sector, several Georgian city councils have approached the EBRD for fi…

19 May 2008
Kaniv Pumped Storage Plant, Ukraine

The EBRD continues to assert the need to increase power efficiency and to develop renewable energy sources. This is why NECU are not entirely clear about the apparent readiness of the EBRD to support a project which has so many weak points and is an integral part of the nati…

19 May 2008
EBRD support for ArcelorMittal Temirtau is failing to stem pollution and accidents

In 2007 the EBRD approved a USD 100 million loan for ArcelorMittal Temirtau (AMT), a metal and mining complex in the Karaganda region of Central Kazakhstan in order to support further improvements to Mittal Steel Temirtaus health and safety practices at its coal mines in Kar…

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