July 3, 2017
In an open letter released today, climate scientists, indigenous leaders, environmental and social justice groups, actors and artists call on the European Union to immediately withdraw its support for a gas mega-pipeline that would ‘destroy Europe’s climate targets’.
June 26, 2017
Independent dust monitoring in Balkan countries has found worrying levels of particulate matter, dust so small it enters deep into our lungs and blood streams causing irreversible damage and respiratory and cardiovascular diseases.
June 19, 2017
The disproportionate impacts that the Nenskra hydropower project in Georgia will have on women are not being assessed by the project company, in spite of its financiers’ standards.
May 30, 2017
We are passing through the canyon of the river Vrbas, in north-west Bosnia-Herzegovina. I am looking through a car window, mouth wide open in awe. While I look up to the rocky, edgy peaks hundreds of meters above and down to the heavenly blue river, I …
May 22, 2017
An uneven investment strategy across the EU’s 28 Member States and a lack of added value by one of its main financial tools means that the EIB puts the EU at risk of not meeting its climate targets under the Paris Agreement, according to a new briefing from Counter Balance and CEE Bankwatch Network.
January 24, 2017
The Nenskra hydropower plant in Georgia – briefing for the directors of the European Investment Bank
January 24, 2017
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.
January 13, 2017
In September 2016 the European Commission published its proposal for the prolongation of the EFSI until 2020, to be achieved by amending the existing regulation. We welcome several improvements, but are concerned that they fall short of properly tackling the challenges and shortcomings identified, namely to provide additionality and catalyse the unambiguous move to reduce GHG reductions. On the basis of our in depth report Best Laid Plans, which analysed the 93 projects approved until July 2016 and further analysis of the EFSI entire portfolio till the end of 2016 under the Infrastructure and Innovation Window (IIW), we consider that the EFSI regulation needs considerable improvements in the energy area.
December 8, 2016
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 strategy towards supporting gas projects.