Economic justice policy officer
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Budapest, Hungary — Reacting to today’s announcement by the Nabucco Consortium that international public banks are now officially commencing their appraisal of the EUR 7.9 billion (estimated) Nabucco gas pipeline project, watchdog group CEE Bankwatch Network called on the international financiers to reject what would be record European public finance for the project and instead to focus on the financing of clean energy in central and eastern Europe, particularly climate-friendly, job-boosting energy efficiency.
Civil society groups welcome cancellation of Slovak D1 motorway PPP
September 3, 2010 | Read more
Friends of the Earth CEPA (Slovakia) and CEE Bankwatch Network applaud today’s cancellation [1] of the 9 billion euros public-private partnership (PPP) for the first phase of the D1 motorway in Slovakia and urged the new government to change the project’s routing to avoid damaging the Mala Fatra and Velka Fatra National Parks.
In Moscow, thousands protest destruction of Khimki Forest
August 23, 2010 | Read more
In spite of heavy policing, several thousand people yesterday rallied at a concert in Pushkin Square to voice opposition to the destruction of the Khimki Forest to make way for the EUR 1.5 billion first section of the Moscow – St. Petersburg motorway, a project that may receive financial blessings from the European Bank for Reconstruction and Development and the European Investment Bank.
On April 27, 2010 at the annual meeting of the European Bank for Reconstruction and Development (EBRD), the European Commissions (EC) Executive Director voted positively regarding the D1 Motorway Phase One project in Slovakia – despite the project’s serious shortcomings and an ongoing project screening by the EC (DG Environment) for its compliance with the environmental acquis communautaire.
