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European banks slammed for backing coal industry

Source: Probir K Sarker, Dhaka Tribune

'Banking on Coal – Undermining our Climate' will be released on Friday during the UN Climate Summit at Warsaw

Two Polish private banks – Bank Gospodarstwa Krajowego and PKO Bank Polski – have been identified to be on the dirty list of banks that are heating up the globe, damaging the environment and hurting local communities, a new report says.

NGO statement on EU funds' programming half time

Based on analysis of Partnership Agreements and experiences of 'partnership' in current programming, participants are regrettably forming the view that Member States’ current planning of Regional Development funding for the period 2014 -2020 fails to acknowledge that Europe’s current ecological footprint lays way beyond the planet’s carrying capacity and, as a consequence, that economic and regional development – fostered by the EU funds – has to transform production and consumption patterns to a sustainable level that does not over-exploit natural resources.

Funny business as usual in the Czech Republic - one of the biggest fines in EU funds history handed out to Prague metro project

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The manipulation of a tender for a metro line extension in Prague - financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB's ability to identify and avoid mismanagement in the infrastructure projects it finances.


Bankwatch Mail 57

Coinciding with the beginning of international climate negotiations at the COP19/CMP9 in Warsaw and with many observers already questioning the Polish government's ambitions for the summit, Issue 57 of Bankwatch Mail introduces the country also known as Coal-land and finds (among many other things) people protesting (successfully) against the pervasive smell of coal in the air.

Krakow's citizens rally against coal to protect their health

Coal may still very much be king in the minds of the Polish government but, on the evidence of a ground-breaking campaign over the last year in Krakow, the seeds have been sown for a citizens' revolution that could redraw the Polish energy sector and improve health and quality of life for towns and cities all across the country. Alongside effective campaigning, EU money is playing a role in these developments, and has the potential to do a lot more.

Welcome to Coal-land

Dear Participant to the 19th UN Climate Summit, welcome to Poland! Let us introduce you to the country hosting the climate conference this year, and provide you with a short overview of the land and its people. This is indeed information you may not find in official Polish government brochures.

Shackled to coal: EBRD set to buck positive global investment trends

The European Bank for Reconstruction and Development, the last of three multilateral international financial institutions (IFIs) to undertake a revision of its energy lending this year, is scheduled to adopt a new energy policy on December 10. The EBRD’s policy review process follows similar reviews at both the European Investment Bank and the World Bank that have seen both institutions introduce conditions intended to restrict their respective lending to coal projects.

Your lungs and voices are cordially invited ...

Climate change is still, for a lot of people, an abstract, complex issue. It remains difficult to mobilise people against the coal industry as they are not always able to make the connection between fossil fuels, climate change and health problems such as asthma. The Cough4Coal campaign, to be formally launched during COP 19 in Warsaw, aims to invigorate and inform the debate on how we should plan for future sustainable and healthy energy provision.

What your doctor can tell you about the climate - and what COP delegates need to hear

If a doctor could prescribe a healthy planet, drastic cuts in greenhouse gas emissions would be on the top of the list. In fact, such a prescription was developed by leading health advocacy organisations and handed over to delegates at the UNFCCC’s COP 15 in Copenhagen. The surprising thing about this prescription is that instead of costing money it actually results in considerable savings.

"Job creation, reduced energy bills, cleaner environment … hmmm" - eastern member states failing to grasp EU Budget's green potential

With only a few weeks to go until the end of the year, and the official start of the new EU budgetary period for 2014-2020 that will see billions of euros flow into central and eastern Europe (CEE), national governments are racing to finalise their EU spending allocations for the forthcoming seven-year period. But, according to new analysis and a data visualisation put together by Bankwatch and Friends of the Earth Europe, CEE member states look set to pass up the opportunity to devote adequate funds for green projects and initiatives.

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