When loyalty blocks climate action – Polish parliament pledges allegiance
The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the...
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Time to iron out the EU budget differences – with a green shirt!
The EU budget summit, the much-anticipated showdown featuring Europe’s 27 member states, the European Parliament, the European Commission and European Council president Herman van Rompuy over how much...
View ArticleGood news: EBRD drops controversial Monsanto project
A potential cooperation between the European Bank for Reconstruction and Development and the agro-corporation Monsanto has thankfully not come to fruition. The case highlights the difficulties for a...
View ArticleMembers of European Parliament call on EIB not to finance Slovene lignite...
In an unambiguous letter Members of the European Parliament have reminded the European Investment Bank of the economic and environmental risks that the Sostanj lignite power plant project poses for...
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Anti-coal campaign in Kosovo puts focus on health
A campaign against a new lignite power plant in Kosovo uses World Bank figures to highlight the health damage resulting from pollution. Posted on the Bankwatch blog by Sven Haertig-Tokarz, Bankwatch...
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A mostly accommodating lion’s den – the second civil society meeting with the...
A meeting of civil society and the European Investment Bank’s Board of Directors saw a surprising degree of agreement between two often adverse groups. posted on the Bankwatch blog by Anna Roggenbuck,...
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These EU citizens have better ideas for EU funds
A Bankwatch competition for ideas for EU funds investments that benefit the sustainable development of European communities could offer inspiration for EU and national decision makers. At the final...
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Why the European Investment Bank received the ‘Coal Down’ Award
Following a fake press release in which the EIB ‘announced’ its divestment from coal, activists struck again the next day during the bank’s annual press conference. EIB President Werner Hoyer received...
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NGOs to banks: Never again Sostanj
Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever. Guest post on the...
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Exposing the EBRD’s nuke-speak
Responses to the EBRD’s justification for financing nuclear lifetime extensions In an unprecedented effort to defend its support for Ukraine’s nuclear programme the EBRD publicly replies to some of our...
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Guest post: A Russian journalist and Khimki forest activist is dead
The news circulated yesterday that Mikhail Beketov, a Russian journalist who campaigned against corrupt practices in connection to the planned highway construction through Khimki Forest, has died. This...
View ArticleEBRD with disastrous start in Kosovo, European Parliament not amused
The European Parliament yesterday chastised the European Bank for Reconstruction and Development for its explicit interest in financing a new lignite-fired power plant in Kosovo. NGOs hope the bank...
View ArticleGuest post: Development banks and the Arab Spring, new report takes stock
A new report takes a critical look at the engagement of European development banks in Egypt after the popular uprisings in the Middle East and North African region. This article appeared originally on...
View ArticleDivesting from coal is not ideology but climate science – a reminder for the...
The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react. posted on the...
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EU leaders support green energy campaign: The European Council calls for...
Just as Bankwatch published a new infographic juxtaposing the European Investment Bank’s beneficial and harmful energy lending, Europe’s political leaders have set a priority for energy investments to...
View ArticleFace the future: Members of European Parliament discuss energy lending of...
A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to...
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The reality of resettlement in Kolubara, Serbia: Out of the frying pan into...
A quick visit to the Kolubara mining basin reveals that the resettlement there looks nothing like the presentation from the European Bank for Reconstruction and Development that financed the project to...
View ArticleShale tale: Unconventional gas and the European Bank for Reconstruction and...
During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland – a rather rash endorsement of...
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EU funds in people’s hands. When small things make a difference.
A Croation winner of Bankwatch’s Better Ideas contest for sustainable EU Funds has just begun implementing their project. The positive responses from their community and the successful start illustrate...
View ArticleThe G8, tax havens and the need to clean up our own “bank yard”
While the G8 leaders claim they are at war with tax avoidance, their own bank, the European Bank for Reconstruction and Development is involved in deals linked to offshore financial centres. by...
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