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A mostly accommodating lion's den - the second civil society meeting with the EIB Board of Directors

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A meeting of civil society and the European Investment Bank's Board of Directors saw a surprising degree of agreement between two often adverse groups.


EU budget set at €960bn but climate commitment in balance

Source: Ed King, RTCC

A European commitment to allocate 20% of all funds to climate change related projects is hanging in the balance, according to observers at the EU budget talks in Brussels.

EU Summit: No axe for climate spending, but member states must deliver

Brussels, February 8 - A summit in Brussels on the EU budget for 2014-2020 concluded today with an unambitious commitment for 20 percent of EU spending to go towards tackling climate change. CEE Bankwatch Network and Friends of the Earth Europe called on member states' governments to build on this with national spending plans that ensure quality outcomes that work for Europe's people and environment.


Small shareholders protest price cap on lignite from Šoštanj's mine

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With the dubious economics of the Šoštanj 6 lignite power plant depending partly on keeping the price of lignite low, small shareholders who would have to forego their profits are not thrilled at the prospect.


Make mining in Mongolia sustainable

Mongolia has one of the world’s fastest growing economies because of the minerals it owns, but nearly a third of the population still lives in poverty. It could become one of those countries that suddenly became very wealthy but its people remained very poor, the so-called ‘resource curse.’

Anti-coal campaign in Kosovo puts focus on health

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A campaign against a new lignite power plant in Kosovo uses World Bank figures to highlight the health damage resulting from pollution.


Members of European Parliament call on EIB not to finance Slovene lignite power plant

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In an unambiguous letter Members of the European Parliament have reminded the European Investment Bank of the economic and environmental risks that the Šoštanj lignite power plant project poses for Europe and Slovenia.


Kolubara "mired in crime and corruption"

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Those were the words of Serbian Energy Minister Zorana Mihajlović, speaking last week in a press conference during which she announced that a thorough investigation is ongoing into corrupt practices by the management of the Kolubara mining complex.


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