Bankwatch

EU finances scrap reactors

June 29, 2011

Source: , WDR

Institution: EBRD

Mining in Shakhtinsk - denied compensation

Arab activists criticise conditions attached to western aid

June 27, 2011

Source: Mark Tran, The Guardian

As Egypt rejects IMF loan, Arab NGO network says liberalisation advocated in aid packages poses threat to economic and social justice demands made during recent uprisings

Institution: EBRD, EIB

European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) will provide USD 115.5 million credit to finance construction of 87 MW Paravani hydro power plant in the south-west of Georgia.

Institution: EBRD

Deja-vu in Belgrade

Bankwatch’s coordinator in Serbia Zvezdan Kalmar finds himself in a situation similar to the one when campaigning on the Gazela bridge project: Roma families live in uncertainty about when they’ll be resettled to make way for road construction, all the while with little influence about how decisions are made.

Tags: human rights participation resettlement transparency Balkans

Institution: EBRD, EIB

Theme: Transport

European Bank Pumps Money Into Kazakh Oil and Gas

June 20, 2011

Source: Fidanka Bacheva-McGrath, Transitions online

The EBRD talks of sustainable development and democratization, but the lender’s policies in Kazakhstan don’t seem to match its mission statement.

Institution: EBRD

Can Poland Be an Effective Champion of Brussels’ Emissions Policy?

June 17, 2011

Source: Wojciech Kosc, Transitions online

A Warsaw at odds with the EU will soon lead the bloc in climate-change talks.

Theme: Energy & climate

Public finance for mining must bring more than a mirage of development benefits in Mongolian desert

June 13, 2011

Ulan Baatar, Mongolia – Civil society groups are demanding that investments from international financial institutions to extract resources in Mongolia’s Gobi Desert guarantee that livelihoods are protected for those living near the mines and profit windfalls are used as an impetus to social and economic development for the region.

Institution: EBRD, World Bank Group

Transparency improvements grind to a halt at the European Bank for Reconstruction and Development

Bankwatch research co-ordinator Pippa Gallop discusses the European Bank for Reconstruction and Development's draft public information policy and how the bank has come to a standstill with improving its transparency rules.

Tags: accountability financial intermediaries local benefits participation policy transparency

Institution: EBRD

Alarm as controversial EBRD eyes up Middle Eastern investment opportunities

June 10, 2011

Source: Fidanka Bacheva-McGrath, The Ecologist

Before rushing to finance projects in Africa and the Middle East, the European Bank for Reconstruction and Development (EBRD) should address its environmental and social lending criteria, says Fidanka Bacheva-McGrath

Institution: EBRD