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Ahead of the Asian Development Bank’s board meeting where a loan to the Shah Deniz gas expansion project in Azerbaijan is to be discussed, a group of NGOs ask the ADB board to postpone a decision and align the ADB to the practice of other IFIs involved in financing the same and related gas projects.
Letter to ADB concerning loan for Shah Deniz gas field in Azerbaijan
December 5, 2016 | Read more
Ahead of an expected loan decision by the Asian Development Bank for the Shah Deniz gas field in Azerbaijan, non-governmental organisations raised concerns over the human rights situation in the country as well as in Turkey, to where the gas from Shah Deniz will be transported via the Southern Gas Corridor.
Backdoor for coal subsidies remains half open under new EU rules
December 1, 2016 | Read more
While it may seem like a gesture to coal-dependent countries such as Poland, the Winter Package of EU energy market rules, presented yesterday (30 November), will make using coal subsidies more difficult.
Accompanied by a public action, Bankwatch and Global 2000 presented European Commission vice-president Maroš Šefčovič with this open letter. The letter points out the inconsistencies behind European public money supporting lifetime extension of soviet era nuclear reactors in Ukraine, which are made in violation of international environmental conventions and with insufficient implementation of safety requirements. So far, the EU’s support for Ukraine is a bad precedent for nuclear decision-making across Europe. It is time to set things straight!
In this letter, Human Rights Watch and Bankwatch highlight the ongoing repression of independent civil society in Azerbaijan and its impact on sustainable develpoment and urge the European Bank for Reconstruction and Development to limit its engagement in the country, specifically to not provide financing for projects related to the country’s extractives sector such as the Trans-Anatolian Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP).
