Bankwatch

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 objections. Several colleagues sent us their (sometimes outraged) rebuttals, which we include here in our rejoinder to the bank’s arguments. posted on the Bankwatch blog… » read more

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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 Bankwatch blog by Barbara Kvac, Climate campaigner for Focus, Slovenia In the beginning of March, the European Investment Bank and the European… » read more

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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 the 2013 ‘World Coal Down’ award on behalf of all EU citizens. Unfortunately he had to put an end to the rumours of the… » read more

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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 award ceremony in Brussels, the winners told us about their ideas and how EU funding could benefit their countries. Posted on the Bankwatch blog by Patrycja… » read more

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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, EIB campaign coordinator This week saw the second ever meeting between the European Investment Bank’s Board of Directors and civil society representatives. It… » read more

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Live from the EU budget negotiations in Brussels … posted on the Bankwatch blog by Markus Trilling, EU funds campaign coordinator EU leaders and their entourages are now inside the Justus Lipsius building, sitting down to negotiate the top agenda item of the latest European Council meeting: the EU budget for 2014-2020. Alongside dinner they… » read more

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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 web editor We blogged last week about a new coal power plant near Pristina in Kosovo, that is due to receive support by the… » read more

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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 Europe and Slovenia. posted on the Bankwatch blog by Anelia Stefanova, Bankwatch Campaigns Director Members of the European Parliament have called upon the European Investment… » read more

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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 large development bank to reach farmers on the ground. posted on the Bankwatch blog by Pippa Gallop, Bankwatch’s research coordinator You may remember that in November 2012… » read more

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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 EU funding – and for what – is to be spent in the 2014-20 budgetary period, is now on. And all the talk is of what exactly… » read more

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