Egypt case study: an EIB loan to the North Giza II power plant
November 17, 2015
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 the project promoters claim it is energy efficient, eco-friendly and community inclusive. Both the local community and the findings from a field trip strongly dispute these claims.
Infographic: How EU development funds fuel climate change
November 17, 2015
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 the European Parliament. See the report’s excutive summary >>
