Despite Climate Objections, New Southern Gas Corridor Gets €1.5bn In EU Funds
February 7, 2018
The European Investment Bank says the Trans-Adriatic Pipeline will reduce dependence on both Russian gas and European coal. But a recent study says it could be as emissions-intensive as coal. Source: Despite Climate Objections, New Southern Gas Corrido
More billions for fossil fuels overshadows European development bank’s climate pledges
December 11, 2017
Despite commitments to help address the climate crisis, the European Bank for Reconstruction and Development awarded fossil fuel projects EUR 4.05 billion between 2010 and 2016 – more than double its support for renewable energy during the same period.
Civil society joins forces to push Europe beyond coal
November 2, 2017
To combat the worsening impacts of climate change and air pollution, civil society groups across 28 nations are today launching Europe Beyond Coal, a collective campaign to catalyse and hasten the move away from coal and towards clean renewable energy.
Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change
October 18, 2017
A USD 500 million loan approved today by the European Bank for Reconstruction and Development for the construction of the Trans Anatolian Pipeline is set to benefit, among others, state-owned companies in Azerbaijan and Turkey.
Regarding the Energa Hybrid Bond project
January 20, 2017
An inquiry from Polish and European NGOs to the EIB about its planned support of EUR 250 million for the modernisation and extension of Polish utility Energa’s electricity distribution network.
Guest post: China stokes global coal growth
September 27, 2016
China cuts coal at home but state owned companies and banks drive new coal expansion overseas, despite top level promises of green growth for developing countries, writes Beth Walker from China Dialogue.
EU budget review must enhance European climate action
July 7, 2016
The European Commission must listen to the European Parliament calling for an EU budget that works for people and planet – according to CEE Bankwatch Network, Friends of the Earth Europe and Climate Action Network (CAN) Europe.
Europe’s Keystone XL: Planned gas pipeline is reckless
April 15, 2016
The Southern Gas Corridor risks locking in higher fossil fuel dependence and wasting colossal amounts of public money.
Public action: Mourning the demise of Czech responsibility for climate action
October 12, 2015
Video and pictures from a public action agains lifting the coal mining limits in the Czech Republic that so far have saved towns from being resettled.
Bankwatch and Counter Balance statement on the adoption of the European Investment Bank Climate Strategy
September 22, 2015
“As Europe prepares to host the seminal UN climate summit in Paris at year’s end, the EU’s house bank is turning away from its commitment to finance the bloc’s climate action.
