In 2008, the EIB's deployed an additional EUR 15 billion to its 'global loan' lending - as a response to the financial crisis and the difficulty for small and media sized enterprises to access finance. In essence, the package appears to have remained to a large extent in the intermediary banks, the initial recipients of the funding.

The report presents a new proposal by seven green NGOs including Bankwatch on how to reform the EU funds, analyses different EU policies and suggests concrete solutions to put an end to environmentally harmful subsidies within the EU Budget.

Our key challenges in tackling climate change, biodiversity loss and resource inefficiency need to be prioritised ahead of funding for unnecessary infrastructure projects and the subsidising of intensive agriculture.

This paper examines the less obvious aspects of the Nabucco gas pipeline project - its possible impact on Turkmenistan, a country notorious for its grave human rights situation and the dictatorial tendencies of its political leaders. It also discusses how, with a lack of public oversight over gas revenues in Turkmenistan, the construction of Nabucco may lead to the strengthening of one of the most brutal regimes currently in existence.

As Europe is greening its economy and gearing up to decarbonise by 2050, most south-east European (SEE) countries still view energy efficiency and renewable energy as greens on the side of their main dish. Coal power and large hydropower are still the favourites on the menu, as they depend on indigenous resources and keep energy import dependency lower.

This new analysis from CEE Bankwatch Network and Friends of the Earth Europe points to some alarming shortcomings in how billions of EU funds earmarked for clean energy projects in the new member states are being deployed.