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[Campaign update] Plomin project promoter not able to justify health risks of coal

Public discussions about the Plomin coal power plant's health impacts show how both project promoters and public authorities prefer to ignore or play down uncomfortable arguments and evidence against the project.


Eleventh hour for Europe's bank to lead on climate change

Brussels -- Ahead of next week’s expected release from the European Investment Bank of its final draft energy policy, CEE Bankwatch Network and Counter Balance are urging the EU’s house bank to ensure that its annual portfolio of EUR 70 billion is guided by a policy that enables Europe to meet its long-term commitments on climate.

The G8, tax havens and the need to clean up our own "bank yard"

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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.


Economic and social benefits of community energy projects

“Community energy projects” are energy projects providing for direct benefits to a group of local shareholders. The opportunity for residents to develop and own green energy infrastructure or to jointly leverage untapped energy saving potential, represents a range of economic and social opportunities such as job creation, business opportunities, lowering energy bills and acceptance of sustainable energy production.

EU funds in people's hands. When small things make a difference.

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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.


Shale tale: Unconventional gas and the European Bank for Reconstruction and Development

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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 a controversial technology.


Face the future: Members of European Parliament discuss energy lending of European public banks

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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.


Victory for civil society as EBRD cancels loan for controversial Croatian dam

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Today we're relieved in Zagreb as one energy project that could have had a destructive impact on Croatia's future has lost its financing and thus its chances of going ahead are drastically reduced: I’m speaking about the infamous Ombla dam, a project for an underground hydropower plant that would have practically destroyed a protected area close to Dubrovnik.


EU leaders support green energy campaign: The European Council calls for phasing out fossil fuel subsidies

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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.


The European Investment Bank's energy lending: stuck in the past or facing the future?

The European Investment Bank, the house bank of the European Union, which directs a fifth of its annual lending portfolio of 60 to 70 billion euros to energy projects, is currently reviewing the policy document that guides its lending to the power sector. On this occasion, Bankwatch is publishing a poster of positive and negative examples of the bank’s lending to energy projects.

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