Economic justice policy officer
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Prague, Belgrade – The independent grievance body of the European Bank for Reconstruction and Development (EBRD) has started investigating a EUR 200 million ‘restructuring loan’ granted in 2015 to Elektroprivreda Srbije (EPS), the largest energy company in Serbia, following a complaint by CEE Bankwatch Network and Serbian environmental group CEKOR.
Counter Balance, Bankwatch and partners have identified a persistent lack of transparency and assessment of the economic, environmental and social impact of the EIB’s intermediated operations, which may undermine development impacts. So far they have n
65 groups from 28 Countries tell EBRD and EIB to stop financing fossil fuels
September 28, 2018 | Read more
The letter is written on the need to ensure the ongoing energy reviews at the European Bank for Reconstruction and Development and the European Investment Bank are aligned with the Paris Agreement goals.
European development money helps sustain fossil fuels-based companies – report
September 27, 2018 | Read more
Five of Europe’s biggest climate offenders continue to enjoy billions of euros in public funds, according to a Bankwatch report released today.
European public funding for fossil fuel-dependent companies
September 27, 2018 | Read more
CEE Bankwatch Network follows closely the EBRD’s ‘sister institutions’ and actively advocates for improvement of their lending policies. As the European Investment Bank (EIB) is expected to review its 2013 ‘Screening and Assessment Criteria for Energy
