Comments on the existing EBRD Energy Sector Strategy from 2013
February 27, 2018
Bankwatch reviewed the EBRD’s energy lending during the strategy period and used this lens to look at the text of the bank’s 2013 Energy Strategy: what needs to be continued and strengthened and what needs to be changed. The focus is on priority issues
They warn of the risks of coal-fired thermoelectric plants
February 18, 2018
Bankwatch Network, una red de protección del medioambiente y derechos humanos, advierte el peligro de las centrales de carbón. Source: They warn of the risks of coal-fired thermoelectric plants
Key decision made that could rewrite EU energy policy
February 7, 2018
The European Investment Bank (EIB) on Tuesday approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The 1.5 Source: Key decision made that could rewrite EU energy policy
European gas pipeline receives £1.3 billion investment despite being dirtier than coal
February 7, 2018
The Trans Adriatic Pipeline project that will transport gas across Southern Europe was promised a £1.3 billion loan from the European Investment Bank. But research suggests burning the gas will create as much carbon emissions as using coal. Environment
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
bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
February 7, 2018
Funding decision made despite heavy pressure from environmental groups who argued that the development bank should avoid investing in major fossil fuel projects. Source: bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
EIB funds Trans-Adriatic Pipeline despite environmental concerns
February 7, 2018
The European Investment Bank (EIB) approved a €1.5 billion loan for the Trans-Adriatic Pipeline (TAP) on Tuesday. The project is the final section of a planned Southern Gas Corridor stretching from Azerbaijan to Italy. The Southern Gas Corridor include
Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
February 6, 2018
In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
The weakest link – the EBRD’s energy lending 2010-2016
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.
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.
