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EFSI 2.0 - the investment plan for Europe: Which contribution to the EU's climate agenda?

Aimed at raising investments for € 315 billion and supposed to “create jobs everyday”, after one year of operations the European Fund for Strategic Investments (EFSI) still appears questionable. On the eve of the proposal to extend the Juncker plan up to 2020, CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe and WWF open up a much-needed discussion on the additionality, accountability and climate impact of this financial instrument.


Juncker Investment Plan 2 and review of EU budget offer no progress towards Europe's long-term climate goals

What should have been two significant contributions to Europe’s war chest in the fight against climate change will in fact leave the planet short-changed and open the door to even more polluting fossil fuel projects, argue campaigners at Bankwatch, Friends of the Earth Europe and Climate Action Network Europe.

Juncker’s extended investment plan is ‘greenwash’, say campaigners

Source: unknown author, ENDS Europe

Environmental NGOs have claimed the European Commission’s investment plans will “open the door” to more fossil fuel projects

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Pobuna za Bunu

Source: Marina Kelava, H-Alter

"Ja ne razumijem kako neki ljudi vole samo sjedit po kafićima. Ja to ne mogu, meni je draže ovdje sjedit", govori Aida dok promatra smaragdno zelenu boju rijeke Bune. Nakon što teče pod zemljom više od 19 kilometara, ova rijeka izvire na površinu 12 kilometara od Mostara u mjestu Blagaj. Buna na površinu spektakularno navire iz špilje, prizor koji privlači brojne turiste. No, i Buna se našla na meti projekta betonizacije BiH rijeka. Bankwatch je pobrojao čak 183 nova planirana projekta na rijekama u toj zemlji.

New report reveals the 'dark side' of EIB funds: how the EU's bank supports non-transparent investment funds based in tax havens

Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds.

The report is available for download at
http://www.counter-balance.org/wp-content/uploads/2016/09/The-dark-side-of-EIB-funds_report.pdf

The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015.

Saporoschje bleibt weiter am Netz

Source: Bernhard Clasen, taz

Die Laufzeit des größten Atomkraftwerks in Europa wurde verlängert. Doch die Kritiker zweifeln an der Sicherheit des Reaktors.

KIEW taz | Europas größtes Atomkraftwerk, das AKW Saporoschje in der Ostukraine, geht in die Laufzeitverlängerung. Am Dienstag beschloss die ukrainische Atombehörde einstimmig, die Laufzeit des ersten der insgesamt sechs Reaktoren um weitere neun Jahre zu verlängern. Er ist seit Dezember 1985 am Netz und hat seine ursprünglich auf 30 Jahre ausgelegte Lebenszeit erreicht.

Gas pipelines run over EU energy policy

Source: Terry Macalister, Climate News Network

Critics claim €3bn European funding for the Southern Gas Corridor energy project would undermine EU climate change targets and gloss over human rights abuses.

LONDON, 14 September, 2016 – Civil society campaigners have accused the European Union of pouring unprecedented amounts of state aid into a huge energy project that runs counter to its own climate change objectives.

Guest post: Renewables kept in thrall in the Czech Republic

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How to overcome the stagnation in the Czech renewable energy sector? Ending the government’s crusade against renewable support schemes would be a good starting point, writes Karel Polanecky from Bankwatch’s member group Hnuti Duha, Friends of the Earth Czech Republic.


Albanians Dispute New Pipeline Compensation Rates

Source: Fatjona Mejdini, Balkan Insight

NGOs warn that Albanian families expected to give up their properties to make room for the Adriatic pipeline project, TAP, have not been adequately compensated, while some have faced threats of government expropriation.

Four families in Albania have submitted complaints to the European Investment Bank, EIB, over the low level of compensation they have been offered from TAP representatives for the displacement of their properties as a result of building the pipeline.

Londonski biznis portal: Italijani će izaći iz EPCG

Source: Biljana Matijašević, Vijesti Online

Iako A2A nije objavila namjere u vezi sa EPCG, a nije odgovorila na zahtjev „bneIntelliNews“ za informacijama, analitičari predviđaju da će kompanija iskoristiti mogućnost da ode

Očekuje se da će italijanska kompanija A2A izaći iz svoje investicije u Elektroprivredi CG nakon burnih sedam godina, ostavljajući Crnoj Gori mogućnost da slobodono ignoriše zabrinutost za ekonomsku održivost, ekološku štetu i transparentnost zbog namjere da gradi drugi blok Termoelektrane Pljevlja, navodi londonski „bne IntelliNews”.

Nakon nekoliko mjeseci pregovora, nedavno [...]

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