The EU’s bank downplayed climate risk in granting record loans to Europe’s largest fossil fuel project
February 7, 2019
Brussels – In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing it with major financial support using EU public money.
Failure of the European Investment Bank to ensure proper climate impact assessment for TAP/TANAP
February 4, 2019
In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing
A New Year’s resolution for Novaci – clean air
January 15, 2019
Macedonia made headlines in December when the United Nations ranked its capital city, Skopje, as the most polluted capital city in Europe. If the ranking included non-capitals, it would not miss Novaci – a small village in the country’s south that also gasps for breath.
Departing World Bank chief leaves climate job unfinished
January 9, 2019
Jim Kim reformed world’s largest development lender, but it continues to finance fossil fuels and his climate legacy could be challenged if the US chooses his successor. Source: Departing World Bank chief leaves climate job unfinished
Čo sa stane, keď Slovensko prestane ťažiť hnedé uhlie
December 24, 2018
Viac, ako na podporu doťaženia míňajúceho sa fosílneho paliva, sa oplatí investovať do obnoviteľných zdrojov. Prinieslo by nám to úspory, ale i postavenie „trendsettera“ v oblasti čistej energie. Source: Čo sa stane, keď Slovensko prestane ťažiť hnedé
If the EBRD does not lead the energy transition, we will have to do it ourselves
December 18, 2018
In the middle of last week, negotiators in this year’s UN climate summit in Katowice, Poland, were scrambling to agree on guidelines for the Paris Agreement that would ensure global warming is capped at no more than 2 degrees. At the same time, the European Bank for Reconstruction and Development (EBRD), one of the world’s key development banks, adopted a new energy lending strategy that ends its support for coal but keeps the door wide open for gas. Ioana Ciuta of CEE Bankwatch Network takes a closer look.
COP24 diary – day #10
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
La Banque européenne d’investissement accro aux énergies fossiles
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
NGOs urge EU bank to quit fossil fuels investments, as it touts its climate commitment at COP24
December 11, 2018
Brussels, Katowice, Prague – While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing [1].
Coal supplied by Hungary’s BAZ county mines to blame for growing air pollution
December 11, 2018
As new mines mushroom in Borsod-Abaúj-Zemplén (BAZ) county, Hungary, air pollution picks up the pace, our independent air monitoring shows. Authorities need to help people move towards cleaner heating systems and put an end to coal mining in the region.
