Bankwatch in the media

Brussels/Belgium-A report has just been released highlighting the potential for green job creation in the next EU budget, 2014-20. This analysis builds on previous work by the UNEP and shows that funding of sustainable infrastructures and environmental programs can create employment at a lower cost than the current Common Agricultural and Cohesion policies.

The report was commissioned by an alliance of leading environmental NGOs, and released in the European Parliament to an audience of MEPs.

By funding environmental programmes, the European Union can create more jobs at a lower cost, according to a new WWF report by an alliance of environmental non-governmental organisations.

The report found that by giving money to green projects rather than the 2014-2020 budget, thousands of additional jobs can be created. While the EU spent nearly €1 trillion in its last budget, it did not conduct an analysis of job creation.

A new report claims that "substantial" environmental and social harm is being caused by EU-funded projects.

Friends of the Earth Europe and CEE Bankwatch Network mapped 33 "harmful" projects in central and eastern Europe with total costs of €16bn.

Tientallen door de Europese Unie (EU) gefinancierde projecten zijn slecht voor het milieu of sociaal onwenselijk. CEE Bankwatch Network en Friends of the Earth Europe hebben vandaag (donderdag) in Brussel een kaart met 33 "foute" projecten gepubliceerd.

Het gaat om projecten die al van start zijn gegaan of waarvan nog beoordeeld wordt of ze voor financiering in aanmerking komen. In totaal is er 16 miljard euro gemoeid met de initiatieven.