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Ending fossil fuel support: NGO recommendations for OECD countries on their Export Credit Agencies

According to data compiled by the Natural Resources Defense Council (NRDC), between 2007 and 2013 public financial institutions provided at least $55,7 billion in funding for coal projects abroad. The largest proportion of this comes from national Export Credit Agencies (ECAs) from OECD countries, which have provided at least $32 billion over this period or 58% of total support.

Who is Jan Kulczyk, the man behind Serinus Energy?

In the summer of last year, the European Bank for Reconstruction and Development (EBRD) approved a 60 million euro loan to Serinus Energy for financing the development of four oil and gas fields in Tunisia (Sabria, Chouech Essaida, Ech Chouechand Sanrahr) between 2013 and 2017.

Pinocchio to deliver letters to Kulczyk

This Friday, 16th May at 2.00 pm, petitions to Jan Kulczyk, appealing for his withdrawal from plans to build Elektrownia Północ (‘North’) Power Plant in Pomerania, Poland, will be passed on to Mr. Piotr Maciolek, chairman of Elektrownia Północ Power Plant company, owned by Kulczyk Investments Group. The petitions, signed by over 8200 people, will be delivered by an exceptional guest – Pinocchio.

People power having major impact on Kulczyk's coal power plans

Local community and NGO pressure has been making things rather difficult of late for the largest planned new coal-fired power plant in Europe.

Tapping central and eastern Europe's green potential 25 years on

Environmental writer Roger Manser explains how the warnings of his 1993 book were ignored, and why ambitious green financing action is still a big need in central and eastern Europe.

Planned contract for Plomin C coal plant most likely illegal state aid, says legal analysis

Zagreb, 05.05.2014 - A planned long-term power purchase agreement in which Croatian electricity company HEP will commit to buying at least 50% of electricity from the planned Plomin C power plant for 20-30 years will most likely be illegal under EU state aid rules, according to a new legal analysis by Hungary's Environmental Management and Law Association (EMLA).

Legal opinion on the possible financing scheme of Plomin C and its compatibility with EU rules on state aid and public procurement (public summary)

This legal analysis argues that the tender arrangement for the Plomin C coal-fired power plant seriously questions the feasibility of the entire investment, not just from an environmental point of view as demonstrated by Zelena Akcija beforehand, but by now also from a competition point of view.

Democracy is nobody's business - MEPs pledge to stand up for people over profit

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At the end of May the whole of Europe will be going to the ballot box for the 2014 European Parliament elections. But when the votes are counted and members-to-be (MEPs) take their place, who are they going to represent – people or profit? The Bankwatch supported campaign Politics for people asks them to take a pledge against the latter.


Over 40 MEPs from across the political spectrum pledge to stand-up for citizens and democracy against excessive corporate lobbying

Today, the Alliance for Lobbying Transparency and Ethics Regulation (ALTER-EU), AK EUROPA (Brussels office of the Austrian Chamber of Labour) & ÖGB Europabüro (Brussels office of the Austrian Trade Union Federation), together with a broad coalition of civil society organisations from across Europe, are launching their campaign to urge candidates for the upcoming European elections to “stand-up for citizens and democracy against the excessive lobbying influence of banks and big business”.

UPDATE: Danube dam-busting - Under the radar EU funds grab spotted in Slovakia

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A highly problematic Danube dam project has found its way into the Slovak Operational Programme for the Cohesion Policy spending in the 2014-2020 period and has become a small scandal in the country.


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