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Europe needs to stop financing Russian motorways built on repression

Source: Mikhail Matveev, Bellona

During Russian Prime Minister Vladimir Putin’s visit to Brussels last week, European Commission President José Manuel Barroso did little else than whisper a shy question about human rights before a press conference. The EU certainly can and should do more, especially where the activists who oppose an $8 billion highway project through the ancient Khimki Forest north of Moscow is concerned.

EU funds briefing: future pre-accession assistance post-2013

Complaint regarding the EIB loan to Sostanj lignite power plant TES6

The complaint, filed with the European Investment Bank by Focus Association for Sustainable Development (SI) calls on the bank to withdraw its approval for the project.

The complaint addresses the following aspects:

  • premature disbursement of funds
  • failure to assess the project's compatibility with the 2050 climate targets
  • misleading claims that TEŠ 6 is only a replacement and not an expansion
  • missing clear governmental support to the project

Bankwatch urges EC to make sure all budget support procedures in Ukraine are transparent

CEE Bankwatch Network acknowledges the motivations of the European Commission decision to temporarily suspend 30 million euros budget support because of faulty public procurement procedures. Bankwatch urges the EC to inspect all untransparent practices associated with the budget support they provide, not only in the area of public procurement.

Putin's visit to BXL: Russian NGOs call on Barroso to stop European financing of Russian motorways in light of HR abuses

Ahead of tomorrow's meeting between Russian PM Vladimir Putin and EU representatives, a coalition of major Russian NGOs is urging President Barroso to make sure that EU financing institutions halt their participation in toll motorway projects in Russia until there are serious improvements in the human rights and public participation situation associated with these projects.

Eastern Europe, Turkey cashing in on EIB crisis funds

Source: Noelle Knox, Euractiv

Small and medium-sized companies in Eastern Europe and candidate countries will receive almost half of the money for crisis loans disbursed by the European Investment Bank, according to data released today (22 February).

ArcelorMittal Temirtau, Kazakhstan


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While fatal accidents at the ArcelorMittal Temirtau mines continue, the company has so far not provided sufficient information to allow an assessment whether an EBRD funded project to improve health and safety conditions is being implemented successfully.

Nabucco gas pipeline


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The Nabucco pipeline project is based on the idea to bring Caspian or Middle Eastern gas through Turkey to the EU. Its planned route is 3300 kilometres long with an estimated construction cost of almost EUR 8 billion.

The 'Second Backbone Corridor' - High voltage electricity transmission lines, Ukraine


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In its drive for 'energy security', the EU is looking to its eastern neighbour for cheap energy. But using a series of high-voltage transmission lines to import dirty energy supplies like nuclear and coal power from Ukraine will not make the EU safer, and it will lock both into an unstable and environmentally unsound energy mix.

Kumtor Gold Mine, Kyrgyzstan


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The Kumtor open pit gold mine is located in a majestic surrounding in the Kyrgyzstan mountains. It receives continued support by the European Bank for Reconstruction and Development, despite several accidents in the past and ongoing environmental damages from the mining operations.

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