Ahead of the European Investment Bank's annual meeting, Counter Balance and Bankwatch have chosen an unconventional way to remind the EIB shareholders of the bank's chequered track record.
A new campaign video illustrates Europe's self-absorbed approach to its energy policy outside Europe. (A blog entry Cross-posted from the Counter Balance blog.)
Earlier this week we published an overview of two Central Asian mining projects financed by the European Bank for Reconstruction and Development - the Kumtor gold mine in Kyrgyzstan and the Ukhaa Khudag coal mine in Mongolia's south Gobi desert, which is part of the much larger - in fact the world's largest - coal deposit at Tavan Tolgoi.
Baffled by an EIB loan to a holiday resort in Morocco, our friends from Counter Balance - Challenging the European Investment Bank had a closer look at the kind of development promoted there and came back with this wonderfully illustrative video.
A ban on all cyanide-based mining technologies on Hungarian territory that was passed by 356 votes in favour to one vote against in Hungary's parliament earlier this month has strengthened hopes of other national bans - even a Europe-wide ban - ahead of the tenth anniversary of the Baia Mare disaster next month.
English
Русский
