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Home > Archives for SGC

SGC

EU Ombudsman Launches Investigation into Southern Gas Corridor Financing

December 18, 2020

The European Ombudsman has launched a formal inquiry into the European Investment Bank’s (EIB) financing of the Southern Gas Corridor, following a complaint that claimed the Bank “dangerously downplayed the contribution of the controversial fossil fuel project to the climate crisis,” said the NGO CEE Bankwatch Network on Thursday.


EIB Underestimated Climate Risks In Granting Loans To Southern Gas Corridor Projects -NGOs

February 7, 2019

Non-governmental organizations (NGOs) lodged a complaint on Thursday with the European Investment Bank (EIB), accusing the latter of failure to ensure a proper climate impact assessment when deciding on allocation of loans to two projects as parts of the Southern Gas Corridor (SGC)


EIB LOAN TO SGC ‘WRONG’: CIVIL SOCIETY GROUPS

February 7, 2019

The European bank used flawed methodology to downgrade the risk that the mega pipeline project would pose, both inherently through its operation, or through misconduct, they allege.


Gasdotto Tap, cosa cambierà, o non cambierà, con il nuovo governo

June 7, 2018

Il neoministro dell’Ambiente, Sergio Costa, ha bollato come “inutile” il corridoio Sud, che dovrebbe trasportare 10 miliardi di metri cubi di nuovo gas in Italia, sposando la tesi contraria a quella del precedente governo, che invece riteneva quest’ope


NGO letter to AIIB Board of Directors on TANAP loan

December 20, 2016

We are writing to express our serious concerns about the Azeri TANAP project in Turkey coming to the Asian Infrastructure Investment Bank’s Board of Directors on Wednesday (December 21) at an extraordinary meeting. While the AIIB TANAP project sheet in


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