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Bankwatch in the media

Greening the European Investment Bank
Project Syndicate | December 23, 2011

BRUSSELS – Over the past four years, the European Investment Bank – the European Union’s house bank – has loaned €48 billion ($62 billion) to energy projects around the world. Indeed, the EIB lends more to the energy sector than to any other, except transport (and its €72 billion total loan portfolio in 2010 made it a bigger lender than the World Bank).

CEE Bankwatch Network report on European Investment Bank energy lending 2007-2010
ENDS Europe | December 12, 2011

European Investment Bank criticised for `hypocrisy` of fossil fuel lending
Environmental Expert | December 12, 2011

The world's biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.

European Investment Bank criticised for 'hypocrisy' of fossil fuel lending
Business Green | December 12, 2011

The world's biggest lender to energy and climate action projects almost doubled the funds given to fossil fuels between 2007 and 2010, a new report (PDF) published on Thursday reveals.

European Investment Bank criticised for 'hypocrisy' of fossil fuel lending
The Guardian | December 12, 2011

The European Union has made €5bn of fossil fuel loans through its financial arm despite carbon reduction targets for members

EIB accused of financing fossil fuels with climate cash
EurActiv | December 12, 2011

The European Investment Bank has been accused of funding the fossil fuel industry with €16 billion of loans since 2007, more than that stumped up for any other energy source.

Europe’s Climate Action Criticized Over EIB Fossil-Fuel Loans
Bloomberg | December 12, 2011

The European Union was criticized for making 5 billion euros ($6.7 billion) of fossil-fuel loans through its financial arm, while pushing for a carbon-dioxide emission-cutting policy across the 27-member bloc.

Poročilo CE Delft znižuje notranjo stopnjo donosa Teš 6
SIOL.NET/ STA | November 28, 2011

Neutemeljene predpostavke omogočajo večanje tveganj in če se ta uresničijo, lahko stopnja pade celo na 5,12 odstotka, je danes ob predstavitvi metodoloških napak investicijskega programa Teša 6 dejal Geert Warringa iz CE Delft.

EBRD to suspend Ombla loan disbursement until further eco studies are completed
Croatian Times | November 28, 2011

The European Bank for Reconstruction and Development (EBRD) has said it would not disburse the recently-approved 123.2 million Euro loan for construction of the Ombla hydropower plant near Dubrovnik before the environmental impacts of the project are assessed.

Concentration of funds elicits many questions
Europolitics | November 25, 2011

The question of the concentration of EU aid on a limited number of priorities defined at Community level is undoubtedly emerging as one of the sensitive points of the negotiations on the future EU cohesion policy.

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