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European Development Bank: Backward Step On Rights, Says HRW

Bankwatch in the media  |  March 5, 2014

The European Bank for Reconstruction and Development’s (EBRD) new draft Environment and Social Policy would fail to weed out abusive development projects, seven human rights and bank watchdog organizations said today in a joint statement. The bank’s consultation on the draft policy closes on March 5, 2014. It then has an opportunity to revise the policy before sending it to the bank’s board for approval in the coming months.

Romania not yet ‘super green’ in long term energy aims, says Bankwatch

Bankwatch in the media  |  January 29, 2016

Romania can access EUR 30.6 billion in 2014-2020 through five European funds initiatives, and authorities are interested in a high level of absorption, though complementary programs developed by the government are practically non-existent, a Bankwatch Romania press release announces. The statement comes as the CEE Bankwatch Network has released its “Climate’s Enfantes Terribles” Report.

EU leaders keep saying climate is a priority. Here’s something they can do

Bankwatch in the media  |  June 6, 2019

The European Investment Bank is the world’s largest multilateral lender and it keeps funding fossil fuels. Next week EU finance ministers can change that Source: EU leaders keep saying climate is a priority. Here’s something they can do

Funding flows into Eurasian gas pipelines

Bankwatch in the media  |  July 13, 2018

The World Bank Group has issued a guarantee for a US$1.1bn syndicated loan for the huge Trans-Antolian Natural Gas Pipeline (Tanap), which is to transport gas from Azerbaijan to Europe. Source: Funding flows into Eurasian gas pipelines

EBRD draft strategy rules out support for Kosovo coal-fired power plant

Bankwatch in the media  |  November 14, 2018

The European Bank for Reconstruction and Development (EBRD) has issued a draft energy sector strategy that it will not finance coal projects, it said on Wednesday, following a statement by an environmental group that the international lender is not con

La Banque européenne d’investissement accro aux énergies fossiles

Bankwatch in the media  |  December 11, 2018

D’après un rapport de l’ONG Bankwatch présenté aujourd’hui à la COP 24, la Banque européenne d’investissement (BEI) a financé à hauteur de 11,8 milliards d’euros des projets d’énergies fossiles entr… Source: La Banque européenne d’investissement accro

COP24 diary – day #10

Bankwatch in the media  |  December 12, 2018

Coal bonanza at the EIB. Is Europe serious about phasing out fossil fuels? While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) continues to fund climate-damaging fossil fuel projects, having disbursed more t

EU leaders keep saying climate is a priority. Here’s something they can do

Bankwatch in the media  |  June 6, 2019

Fixing our climate is one of the biggest challenges our politicians will have to face in the years to come, and more and more of them are committing to making this a top political priority. Source: EU leaders keep saying climate is a priority. Here’s s

European Investment Bank proposes end to fossil fuel lending

Bankwatch in the media  |  July 30, 2019

With under 5% of its lending currently going towards fossil fuel projects, can the EIB help battle climate change?Source: European Investment Bank proposes end to fossil fuel lending

EU’s lending arm to phase out fossil-fuel funding

Bankwatch in the media  |  August 22, 2019

This draft shows commendable leadership from the EIB in becoming the first among public banks to commit to a total phase out of investments in fossil fuels after 2020,” said Petr Hlobil, campaigns director at Prague-based CEE Bankwatch Network, which m