Bankwatch in the media

First do no harm – no subsidies for Šoštanj

Social Europe Journal | January 14, 2013

To help stop the planet warming to a disastrous extent Europe must increase the price of energy paid by energy consumers. A huge redirection of private and public investment is needed. And unless we are extremely successful in increasing the energy efficiency of our economy, we will almost certainly also need schemes to organise a socially acceptable reduction of average working time (see here).

EIB signs €440-million loan guarantee for controversial coal plant

EurActiv | January 14, 2013

The European Investment Bank has signed a €440-million loan guarantee with the Slovenian government for a crisis-plagued 600 megawatt lignite TEŠ 6 coal plant, but the deal could yet be sunk by concerns about the climate and corruption.

The World Bank's climate hypocrisy

The Guardian | December 17, 2012

Last week, the bank said 4C of global warming 'simply must not be allowed to occur'. This month, it is considering whether to provide financing for a new coal-fired power plant in Mongolia

Leading MEP calls for EU climate security envoy

The Parliament Magazine | November 26, 2012

Senior British MEP Graham Watson has called for the creation of an EU special representative on climate security.

EU parliament president calls for 'properly funded' budget

The Parliament Magazine | November 26, 2012

EU policymakers and NGOs have given a mixed reaction to the dramatic collapse of last week's summit of EU leaders and heads of state.

Croatia's bold energy plans face uncertain future

Business New Europe (BNE) | November 26, 2012

Croatia is one of the world's most energy-import dependent countries, yet there's an increasingly mixed outlook for the ambitious investment plans of Croatian power monopoly Hrvatska Elektroprivreda (HEP) following the recent turn of events at both home and abroad.

Monsanto On Verge of $40 Million GMO Bailout in Europe: Report

Nature Independent | November 26, 2012

The genetically modified food industry’s biggest player, Monsanto, is reportedly set to receive $40 million in U.S. dollars worth of financial support from the European Bank for Reconstruction and Development according to the website bankwatch.org.

NGOs up the ante on budget greening

Agence Europe | November 22, 2012

http://www.agenceurope.com/EN/index.html

Monuments to waste overshadow EU budget battle

Reuters | November 22, 2012

EU leaders go into a budget battle on Thursday under pressure to avoid some glaring mistakes of the past: half-empty motorways, airports that barely see a flight and high-speed rail lines with few passengers to repay vast construction costs.

EU leaders gather for almighty budget battle that could tear Brussels apart

Guardian | November 22, 2012

As David Cameron flies in to do battle over the EU's seven-year €1tn budget deal, we attempt to separate myth from fact.