The European Investment Bank’s annual press conference in the final week of February proved to be significantly more revealing about the bank’s commitment to fueling climate change than is the norm for the EU bank.
The European Investment Bank has opened a review of its energy policy and called for the public's views on the key future challenges for the bank's operations. The lending figures to the energy sector until 2011 show that the policy must better guide the EIB's lending towards EU policy objectives of de-carbonisation of the energy sector.
The communities in Vreoci request the EBRD to suspend the loan for the Kolubara lignite mine because of the project company's failure to meet performance requirements regarding:
- community health, safety and security
- information disclosure and stakeholder engagement
- land acquisition and resettlement
- environmental and social appraisal management
- pollution prevention and abatement
In this letter, five NGOs and NGO coalitions call on the EIB to undertake consultations according to the best standard as well as to identify and inform a wide range of stakeholders about the revision of the policy.
English
Русский
