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Home > Publications

Publications

Report


Glass half full? Mid-term analysis of the Modernisation Fund’s operations


This publication updates Bankwatch’s 2025 assessment of the EU's Modernisation Fund and comes at a critical moment for EU climate and energy policy.

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Topics
19 December 2016
Don’t finance Trans-Anatolian Pipeline (TANAP) – NGO letter to World Bank

A group of 39 international NGOs sent a letter to the Directors of the World Bank (WB) today urging the Bank not to finance the Trans Anatolian Pipeline (TANAP). TANAP is the Eastern part of the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerba…

13 December 2016
Risky business – Who benefits from the Southern Gas Corridor

The Southern Gas Corridor, a string of pipelines meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills and is set to benefit from some of the biggest loans in the history of European public banks. But as this report reveals, Europe’s flagship…

11 December 2016
Sustainability criteria for hydropower development

Any hydropower project no matter the size can cause negative consequences to water basins, associated ecosystems, to climate and affected communities living along the water basins. A large number of individually acceptable projects can also lead to unacceptably high negative…

8 December 2016
Reviewing the European Investment Bank’s carbon footprint methodology

The briefing makes recommendations for the European Investment Bank’s methodology for calculating greenhouse gas emissions, which is currently under review. It also provides case studies that illustrate the shortcomings of the bank’s current approach – most notably its strat…

5 December 2016
Letter to ADB concerning loan for Shah Deniz gas field in Azerbaijan

Ahead of an expected loan decision by the Asian Development Bank for the Shah Deniz gas field in Azerbaijan, non-governmental organisations raised concerns over the human rights situation in the country as well as in Turkey, to where the gas from Shah Deniz will be transport…

5 December 2016
Postpone decision on loan for Shah Deniz II gas field in Azerbaijan – letter to the board of the Asian Development Bank

Ahead of the Asian Development Bank’s board meeting where a loan to the Shah Deniz gas expansion project in Azerbaijan is to be discussed, a group of NGOs ask the ADB board to postpone a decision and align the ADB to the practice of other IFIs involved in financing the same…

1 December 2016
Skeletons are hiding in the closet of Europe’s energy policy – letter to Maroš Šefčovič on the EU’s support for nuclear energy

Accompanied by a public action, Bankwatch and Global 2000 presented European Commission vice-president Maroš Šefčovič with this open letter. The letter points out the inconsistencies behind European public money supporting lifetime extension of soviet era nuclear reactors in…

29 November 2016
Azerbaijan: Crackdown on critics undermines sustainable development – Human Rights Watch letter to the European Bank for Reconstruction and Development

In this letter, Human Rights Watch and Bankwatch highlight the ongoing repression of independent civil society in Azerbaijan and its impact on sustainable develpoment and urge the European Bank for Reconstruction and Development to limit its engagement in the country, specif…

23 November 2016
Azerbaijan: Crackdown on critics undermines sustainable development – Human Rights Watch letter to the European Investment Bank

In this letter, Human Rights Watch and Bankwatch highlight the ongoing repression of independent civil society in Azerbaijan and its impact on sustainable develpoment and urge the European Investment Bank to not provide financing for projects related to the country’s extract…

18 November 2016
Going abroad – a critique of the European Investment Bank’s External Lending Mandate

This report analyses how and if the European Investment Bank (EIB) is fulfilling its development role under the so-called External Lending Mandate (ELM) for the period 2014-2020. It sheds light on the more questionable quality and effectiveness of EIB operations and on the n…

14 November 2016
Why coal is not the way forward – facts versus myths

Coal is the single biggest contributor to global climate change. But governments and investors planning new coal capacities have a range of flimsy arguments why coal would be the best or the only alternative. This briefing busts a number of myths surrounding coal, such as “c…

Cover of the study "The great coal jobs fraud". Image shows train tracks leading to a coal power plant in the distance.
14 November 2016
The great coal jobs fraud – unrealistic employment claims in southeast Europe

This report reveals how and why promises for new jobs in south-east Europe’s coal sector are exaggerated. Hardly any coal operations across the region are economically viable, and as a result many coal workers, especially in the mines, are set to lose their jobs, even if the…

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