EIB blogs

In the face of official EU statements stressing the need to decarbonise Europe's transport sector, our analysis has found that a rise in EIB lending between 2006 and 2009 for roads and aviation has coincided with a dramatic decrease in EIB lending for urban public transport.

Transparency International's Corruption Perceptions Index, launched today, confirms Turkmenistan's position as one of the world's least democratic regimes. Promoters of the Nabucco gas pipeline project have opted to adopt a surprisingly tolerant approach to Turkmenistan's endemic failings.

In spite of heavy policing, several thousand people yesterday rallied at a concert in Pushkin Square to voice opposition to the destruction of the Khimki Forest to make way for the EUR 1.5 billion first section of the Moscow - St. Petersburg motorway, a project that may receive financial blessings from the European Bank for Reconstruction and Development and the European Investment Bank.

After six months of preparations and more than 50 interviews with decision makers and experts, Bankwatch has met with representatives from the European Commission, the European Parliament, the European Investment Bank and the European Bank for Reconstruction and Development to discuss how the next EU budget for the 2014-2020 period can effectively support a low-carbon economy with benefits for people and nature.