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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
11 December 2015
Financing for hydropower in protected areas in southeast Europe

Southeast Europe is experiencing a wave of hydropower projects. In a region with a deadly combination of Europe’s last wild rivers, rampant corruption and inadequate nature protection, the potential for damage is immense. In order to address this issue, we need to know who i…

24 November 2015
Confirmatory application for disclosure of EIB documents related to Volkswagen loans

Following the revelations around Volkswagen cheating emission tests, Bankwatch requested information from the European Investment Bank about its loans to the car maker. After some delays, the bank released only part of the requested information, despite the profound public i…

17 November 2015
Infographic: How EU development funds fuel climate change

A Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition. This infographic belongs to a report presented in November 2015 to…

17 November 2015
Egypt case study: an EIB loan to the North Giza II power plant

The North Giza Power Plant II, 1500 MW natural gas-fired power plant, is one of several large gas power plants that the Egyptian government is developing since 2011 in an effort to cope with the electricity gap. The power plant uses Combined Cycle Gas Turbine technology and…

17 November 2015
Tunisia case study: the EU and energy in the Arab countries

The European Bank For Reconstruction and Development states that it is “supporting energy efficiency and the development of a sustainable energy sector” and “financing private enterprises, with a focus on SMEs” among its four priorities for Tunisia. In this briefing, the Tun…

17 November 2015
Executive summary: the Eastern Neighbourhood Region and the EU’s energy interests

Since the early 1990s, the EU has actively sought the development of both the oil and gas sectors in former Soviet republics. Energy security, the cornerstone of the EU’s foreign policy became the driving force behind the European Neighbourhood Policy. Investments through th…

17 November 2015
Azerbaijan, the European Neighbourhood Policy and the EU’s energy interest

Azerbaijan has been a part of the EU Neighbourhood Policy since 2004 and has enjoyed substantial support through investments in the energy sector. As a result of cooperation on energy projects, the EU is today Azerbaijan’s main trading partner, with bilateral trade amounting…

17 November 2015
Analysis of EU investments in Ukraine’s energy sector, 2007-2014

Between 2007-2014, Ukraine received from EU public institutions over EUR 2.5 billion for 56 projects in the country’s energy sector. This is the highest amount of support for the energy sector among all countries of the European Neighbourhood Policy, both by volume and numbe…

17 November 2015
Executive summary: The EU and energy in the Arab countries

This briefing (an executive summary of an upcoming report) looks at energy investments by the EU in the Southern Mediterranean region and the impacts on the social, economic and environmental rights of citizens and communities by highlighting the compliance of these activiti…

17 November 2015
Executive summary: European public money for the energy sector in countries of the European Neighbourhood Policy

Countries of the European Neighbourhood have received a boost to their energy sectors in the last decade, thanks in part to the prominent role played by the EU as a catalyst of both policy reforms and financing. This paper is the executive summary of an upcoming study that e…

12 November 2015
Information on EIB loans to Volkswagen must be made public – letter to the EIB’s board of directors

In late September, shortly after news of VW’s emissions manipulation broke, CEE Bankwatch Network contacted the European Investment Bank (EIB) with a detailed request to disclose information about its immense support to VW Group. In view of the profound public interest in th…

9 November 2015
NGO letter to EU institutions: Take immediate action to respond to the dieselgate scandal

The dieselgate scandal is symptomatic of a ‘better regulation’ agenda in favour of cutting compliance costs and replacing the role of the public regulator with corporate co- and self-regulation. More than 35 civil society organisations have signed this letter calling for imm…

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