Home >> News Media >> Blog >> Ifi >> EIB blogs

EIB blogs

Energy Union benefits are full of paradoxes in the land of Kafka
July 30, 2015

More clarity is needed regarding the Energy Union's priorities for the Czech Republic.

EU Funds
EIB
Energy & climate
Resource efficiency
CEE, EFSI, electricity market, energy efficiency, Energy Union, EU, interconnectivity, Maroš Šefčovič, nuclear
Slovakian dam project is a warning sign for Juncker's investment drive
July 22, 2015

The European Parliament will soon be voting on a Scoreboard that will help assess candidate projects to the EUR 21 billion European Fund for Strategic Investment (EFSI). Stringent economic, social and environmental criteria are a paramount need for ensuring investments that contribute to a more sustainable Europe.

EIB
Other harmful projects
CEE, EFSI, EU, feasibility, hydropower, Slatinka, Slovakia
After Slovenia's Sostanj coal power plant debacle, is any bank going to finance Croatia's Plomin C?
June 12, 2015

Slovenia's newly built Sostanj 6 is expected to generate losses of around EUR 200 million over the next 3-4 years. Given that Croatia's Plomin C project shares some of Sostanj 6's features could Croatia be about to repeat its neighbour's mistakes?

Commercial banks
EIB
Energy & climate
Social & economic impacts
Balkans, coal, Crédit Agricole, EU, financial risk, Marubeni, Plomin C, Sostanj, stranded assets
Italian mayor stands up against EU priority gas pipeline
June 8, 2015

Local opposition against the Trans-Adriatic gas pipeline (TAP) is growing as an Italian mayor made clear in an open letter to the European Commission and European public banks.

EBRD
EIB
Energy & climate
Social & economic impacts
Development
CEE, development, EU, EU neighbourhood, infrastructure, local communities, Melundugno, natural gas, South Italy, Southern Gas Corridor, TAP
Will energy efficiency be sidelined in the Energy Union's implementation?
June 8, 2015

EU energy ministers are meeting in Brussels today to discuss the implementation of the Energy Union. Looking at what has been discussed so far, the strategy may not prioritise energy efficiency enough to help Europe become climate-friendly.

EU Funds
EIB
Energy & climate
Social & economic impacts
Development
energy efficiency, energy security, Energy Union, EU, Maroš Šefčovič, natural gas, Southern Gas Corridor
Transforming development finance? Europe's multilateral lenders fail on aid transparency
June 4, 2015

The recently published 2015 Aid Transparency Review concludes that the European Union is off track from meeting its aid transparency commitments. Europe’s two multilateral development banks are indicative of the altogether rather disappointing outcome.

EBRD
EIB
Development
accountability, aid, aid effectiveness, development finance, EU neighbourhood, Global South, IATI, Mopani, open data, transparency
Tax dodging, development and European public banks
April 22, 2015

A new report highlights how the weak taxation policy of the European Investment Bank is undermining its ability to serve public interest in Europe and the Global South at a time when the use of tax haven is exposed as one of the most important barriers to development.

EIB
Social & economic impacts
Development
development, EU, European Investment Bank, Glencore, Global South, report, secrecy jurisdiction, tax havens
European Parliament intergroup ITCO condemns new transparency policy of the European Investment Bank
March 13, 2015

The European Investment Bank's slide towards secrecy, manifest in its newly adopted transparency policy, has been lambasted by the intergroup of the European Parliament responsible for transparency and corruption.

EIB
Development
accountability, EFSI, EU, Global South, maladministration, public oversight, secrecy, transparency
EU priority gas pipeline faces fierce opposition in Italy
February 17, 2015

The European Investment Bank recently confirmed plans to finance the Trans-Adriatic Pipeline from Greece via Albania to Italy. Yet a coalition of local mayors will do whatever it takes to stop the project.

EBRD
EIB
Energy & climate
Social & economic impacts
Development
Apulia, Counter Balance, EU, EU neighbourhood, Lecce, natural gas, PCI, Southern Gas Corridor
Natural gas left, right and centre at Energy Union conference in Riga
February 11, 2015

Massive infrastructure for transporting natural gas is shaping up to be a centre piece of the Energy Union put forward by the Juncker Commission. This was also the impression Bankwatch campaigners had at an Energy Union conference in Riga last week.

EBRD
EIB
Energy & climate
Other harmful projects
Development
Canete, energy, Energy Union, EU, EU neighbourhood, infrastructure, natural gas, Riga, Southern Gas Corridor

Connect with us online

Facebook   Twitter   YouTube   RSS feed