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European Investment Bank confirms plans to finance Trans-Adriatic Pipeline
February 4, 2015

On February 2, during the annual meeting between civil society and the European Investment Bank’s (EIB) Board of Directors, the EIB revealed that the Trans-Adriatic Pipeline (TAP) was among its priority projects for 2015 in the Balkans.[*]

The Trans-Adriatic Pipeline, planned to stretch from Greece via Albania and the Adriatic Sea to Italy, is part of the Southern Gas Corridor, a chain of projects meant to bring natural gas to Europe from the Shah Deniz offshore gas field in Azerbaijan.

EBRD
EIB
Energy & climate
Social & economic impacts
Development
Caucasus, development, energy, EU, EU neighbourhood, human rights, infrastructure, Lukoil, natural gas, Southern Gas Corridor, Trans-Adriatic Pipeline
UPDATE 7: Juncker on the investment offensive ... against Europeans, the economy and the environment
January 22, 2015

Labelled the €1.3 trillion investment offensive, more than 2000 projects have been identified by the European Commission’s new Task Force on Investment (made up of representatives of the EC, EIB and member states) for fast-tracked financing from President Juncker’s recently announced €315 billion stimulus plan.

EIB
Energy & climate
Transport
Resource efficiency
Social & economic impacts
Other harmful projects
Development
Antwerp Ring Road, Aschach, CEE, coal, Czeczott, dam, Danube, displacement, economics, EFSI, environmental impacts, EU, growth, Gubin, health, hydropower, incinerators, investment package, Juncker, lignite, Lipno, mining, nuclear, pollution, protected areas, protests, resettlement, Rovinari, safety, Slatinka, sustainability, tunnel, Turceni, Vltava, waste, Zagreb
EU Project Bonds are a worrying indication for the future EU long term investment plans
December 4, 2014

As the pilot phase of the EU Project Bonds Initiative is coming to an end, a roundtable discussion in the European Parliament takes stock of the initiative.

EIB
Social & economic impacts
Castor, economics, EU, growth, investment package, Juncker, Passante di Mestre, project bonds
Two great new websites on all things coal
October 31, 2014

As anti-coal movements are gaining momentum around the world, two new websites offer a slew of information about the dirtiest of fossil fuels and the campaigns against it. They also offer a stark reminder that despite progress in the last years coal is far from dead.

Chinese investors
Commercial banks
EBRD
EIB
World Bank Group
Energy & climate
Balkans, BankTrack, campaign, Central Asia, coal, commercial banks, endcoal.org, EU, Global South, resources
Can the European Investment Bank move ahead of the pack on climate?
October 21, 2014

The European Investment Bank is gearing up for an increased role in spurring growth in Europe as set out by the new Juncker Commission. Yet as Europe’s 2030 climate targets are being undermined by some countries the bank that wants to be a leader in climate action must keep in mind that we can no longer afford growth without sustainability.

EIB
Energy & climate
2030 targets, climate, climate action, EIB, energy, EU, Global South, Juncker Commission, policy
Zagreb Mayor arrested - and not before time
October 20, 2014

Something quite amazing happened yesterday evening in Zagreb. The Croatian police and the State Prosecutor announced that several people had been arrested on suspicion of a number of criminal corruption offences, abuse of office and peddling influence. Among the arrested were Zagreb Mayor Milan Bandic, Head of Zagreb Holding municipal company Slobodan Ljubicic, the head of the ZET public transport company Ivan Tolic, head and part-owner of the CIOS metal recycling company Petar Pripuza and around 15 more un-named people.

EBRD
EIB
Social & economic impacts
Balkans, corruption, mayor, Milan Bandic, PPP, wastewater, Zagreb
On Evgeny Vitishko, multilateral development banks and the criminalisation of public criticism
September 26, 2014

The recent rejection to release Evgeny Vitishko's, an imprisoned environmental activist in Russia, illustrates the backlash against fundamental rights and freedoms in some countries. Multilateral development banks need to take notice of this trend and be more wary of the risk that their lending may strengthen authoritarian regimes.

EBRD
EIB
World Bank Group
Social & economic impacts
Caucasus, Central Asia, civil society, democracy, Environmental Watch on North Caucasus, EU neighbourhood, Evgeny Vitishko, freedom, human rights, reprression, Russia, Sochi, transition
Corporate interest on way to win over the EU bank's transparency policy
September 10, 2014

In the draft version of its new transparency policy the European Investment Bank is making access to information on its tens of billion euros lending harder than ever.

EIB
accountability, corporate interests, EIB, EU, European Investment Bank, policy, secrecy, transparency
City of Zagreb still playing with fire
July 18, 2014

Seasoned Bankwatch-watchers may recall our successful four-year campaign to stop the EBRD from financing a waste incinerator just outside Zagreb. Between 2005 and 2008, we supported Zelena akcija/Friends of the Earth Croatia and local group UZOR to prevent the City of Zagreb from building a huge 385 000 tonnes per year waste incinerator in Resnik on the outskirts of Croatia's capital.

EBRD
EIB
Resource efficiency
EU, recycling, waste, waste incineration, Zagreb
Will Georgia go green after EU association agreement?
June 26, 2014

On Friday Georgia will sign an association agreement with the European Union, meaning that our country will start cooperating more closely with the EU and even implement more European legislation. This is good news, particularly when it comes to the environment.

EBRD
EIB
Energy & climate
Social & economic impacts
Other harmful projects
accession, Caucasus, dams, EIA, Energy Community, EU, Georgia, hydropower

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