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EUR 1.5 billion public loan for controversial pipeline withheld
December 12, 2017 | Read more
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 | Read more
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
Plans for 17 hydropower plants throughout Macedonia’s Mavrovo National Park must be immediately suspended, so the Standing Committee of the Bern Convention ruled at its annual meeting last week.
The village of Lupoaia in southwest Romania depends on the mining company for their drinking water. The company wants to expand the nearby mine, thus further increasing the local pollution.
The weakest link – the EBRD’s energy lending 2010-2016
December 11, 2017 | Read more
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.



