Economic justice policy officer
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This week’s European Council will be crucial for ensuring that the Multiannual Financial Framework 2014-2020 (MFF) mobilises sustainable investments that can create millions of jobs and take Europe forward on a solid footing out of the crisis. The current overall MFF proposal is far from green: it is a lost opportunity. There is a lot of room to shift MFF allocations towards better spending and to relocate funds to greener sectors. Therefore we wish to draw your attention to five key issues for the Council that could substantially increase the chances of the next MFF delivering multiple benefits.
Monsanto Should Not Expand Relying on Public Money
November 19, 2012 | Read more
London — Monsanto, the world’s largest seed producer and one of the most prominent promoters of GMO crops worldwide, is set to receive 40 million US dollars of public financial support via the European Bank for Reconstruction and Development.
We will not share Monsanto’s risk – Open letter to the EBRD
November 19, 2012 | Read more
Signed by more than 150 organisations, the letter calls on the European Bank for Reconstruction and Development to not further consider USD 40 million unfunded risk participation in Monsanto’s portfolio in Bulgaria, Hungary, Russia, Serbia, Turkey, and Ukraine. The letter explains Monsanto’s long and controversial history of transferring its risks onto other people and the environment. It argues that support for this company and the agricultural model it represents is highly inappropriate for a multilateral development bank committed in its statute to promoting “environmentally sound and sustainable development”.
Environmental NGOs strongly welcome the Common Strategic Framework (CSF) as an Annex of the Common Provisions’ Regulation. It is a needed tool to ensure a proper implementation of fundamental principles and approaches of the Regulation that helps ensure that the future programmes will better contribute to reach the Europe 2020 targets, create regional green jobs, enhance economic opportunities and address environmental challenges. This briefing on the parts of the CSF which we support the most, and underlines as well several opportunities for improvements.
Brussels, Belgium — The latest EU budget 2014-20 negotiating text, published today by President of the European Council, Herman van Rompuy, contains the first sign of hope for a future EU budget that tackles climate change and helps support a sustainable future for Europe’s 500 million people, according to CEE Bankwatch Network and Friends of the Earth Europe.
