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How is the European Bank for Reconstruction and Development able to justify a brand new host country agreement with Egypt, given the abuses still being endured in Egypt and the failure of one billion euros of EU money to improve the economic and human rights situation there? by Anne-Sophie Simpere, cross-posted from the Bankwatch blog… » read more

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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 Anne-Sophie Simpere, cross-posted from the Bankwatch blog Tackling tax avoidance was one of David Cameron’s priorities for the UK-hosted G8 meeting during the… » read more

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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 that “small is beautiful” can also apply to Cohesion Policy. posted on the Bankwatch blog by Marijan Galovic, Croatian campaigner and resource efficiency expert In the… » read more

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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 the controversial technology. posted on the Bankwatch blog by Ionut Apostol, Bankwatch energy campaigner In February this year the EBRD’s managing director for energy… » read more

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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 which it is related. posted on the Bankwatch blog by Nikola Perusic, Campaigner in Serbian Bankwatch member group CEKOR During a recent visit to… » read more

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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 stay away. Posted by Berber Verpoest, Media officer for the Counter Balance coalition. (Cross-posted and slightly edited version from the Counter Balance blog.) “It’s your energy” goes the… » read more

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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 phase out fossil fuel subsidies and focus on clean energy instead. posted on the Bankwatch blog by Sven Haertig-Tokarz, Bankwatch web editor One of the agenda points… » read more

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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 Bankwatch blog by Fidanka Bacheva-McGrath, Bankwatch EBRD campaign coordinator At about the same time as scientists declared an unprecedented and increasingly dangerous CO2 concentration in the earth’s… » read more

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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 the Counter Balance blog and has been shortened and slightly edited. posted on the Bankwatch blog by Berber Verpoest, Media officer for… » read more

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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 will pay more attention to the Parliament than it did to civil society and energy experts so far. posted on the Bankwatch blog by Ionut Apostol,… » read more

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