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
Gasdotto Tap, sì al maxi prestito da 1,5 miliardi di euro dalla Banca europea degli investimenti
February 6, 2018
Nonostante le proteste nel Salento, la tabella di marcia dei lavori va comunque avanti. Le associazioni ambientaliste europee: “Un errore storico, le emissioni saranno persino maggiori del carbone” Source: Gasdotto Tap, sì al maxi prestito da 1,5 milia
Europe’s biggest fossil fuel project gets €1.5bn public loan
February 6, 2018
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historic mistake” Source: Europe’s biggest fossil fuel project gets €1.5bn public loan
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
TAP to Start up Early 2020: CEO
February 5, 2018
The TransAdriatic Pipeline (TAP) project is now on schedule for early 2020 start up, according to its president Walter Peeraer, in an interview with NGW that covered capacity expansion and its operating regime. Source: TAP to Start up Early 2020: CEO
Pipelinegas so schädlich wie Kohle
February 3, 2018
Erdgas gilt als relativ klimafreundlich und Brücke ins postfossile Zeitalter. Doch Förderung und Transport könnten klimaschädlicher sein als die Kohleverbrennung Source: Pipelinegas so schädlich wie Kohle
EUR 1.5 billion public loan for controversial pipeline withheld
December 12, 2017
Today, at a board meeting in Luxembourg the European Investment Bank has decided, for now, to postpone loaning 1.5 billion euros to the controversial Trans-Adriatic Pipeline.
Gas lending at the European Investment Bank 2013-2016
December 12, 2017
Since the European Investment Bank (EIB) revised its energy lending criteria in 2012, it has limited its support for fossil fuels projects in the energy sector and eliminated the most polluting power plants from its portfolio. However, the bank’s contr
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.
Between TAP and a hard place – Albanian farmers receive peanuts after losing land and livelihoods to gas pipeline
November 30, 2017
Interviews in Albania revealed a barrage of complaints about how the Trans-Adriatic Pipeline has been treating farmers affected by the mega gas project that may soon receive a record loan from the European Investment Bank.
