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A clear and present danger - How financial institutions and authorities have failed to address the human impacts of resettlement in Serbia's lignite mining fields

This study shows how the European Bank for Reconstruction and Development has failed to enforce several of its basic principles on involuntary resettlement in the Kolubara Mining Basin, one of the largest sources of lignite in Europe, where mining has continued for over fifty years.

Request for information on EIB loans to Volkswagen

Following revelations about Volkswagen cheating in emissions tests and about the European Investment Bank's substantial support for VW - including loans for research and development of cleaner engines, Bankwatch requested information on EIB loans to the car maker.

The bank provided highly insufficient responses. Read more here >>

Financing the post-2015 agenda - the problematic role of development banks

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The heavy involvement of international financial institutions in the post-2015 development agenda raises serious questions for civil society around the world on whether the SDGs will manage to address the root causes of inequality, poverty and environmental degradation.


Guest post: Italian mayors protest against the Trans Adriatic Pipeline

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Local opposition in Italy to the Trans Adriatic Pipeline (TAP) is mounting. During a business event organised last week, a dozen mayors staged a protest against the government’s support for the project, who together with civil society and local authorities fear that the pipeline will destroy the environment and the safety of their communities. Instead they are demanding that EU drop the project.


Bankwatch and Counter Balance statement on the adoption of the European Investment Bank Climate Strategy

"As Europe prepares to host the seminal UN climate summit in Paris at year's end, the EU's house bank is turning away from its commitment to finance the bloc's climate action.

Environmental organizations raise stink over MHP’s poultry farm

Source: Denys Krasnikov, Kyiv Post

There’s an ill wind blowing in Vinnytsa Oblast, and if one of Ukraine’s biggest agriculture companies keeps growing, things could get worse for the people living nearby, environmental, corporate and bank watchdog organizations from the European Union and Ukraine say.

MyronivskyHliboproduct (MHP), which runs the biggest poultry farm in Europe near the village of Ladyzhyn southeast of Vinnytsa, was the subject of two reports released this September after a fact-finding mission of six environmental watchdogs visited the area in May.

EIB board approves climate lending strategy, greens say it's full of holes

Source: Ben Garside, Carbon Pulse

The board of the European Investment Bank (EIB) on Tuesday approved a new climate lending strategy, which held the climate-focused portion of the bank’s total lending at 25% but aims to take climate considerations into account in all disbursements and focus on projects with more impact.

Slovenia and the Energy Union: clash in priorities, renewables as collateral damage

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A leaked document, published here for the first time, that outlines the Slovenian government’s priorities for the EU’s Energy Union reveals a potential conflict with what the European Commission has on offer. Yet, neither promises ambitious strides towards more renewables.


Russia aims 'foreign agent' law at green NGO

Source: Oliver Tickell, The Ecologist

The respected Russian campaign group Sakhalin Environment Watch is being forced to choose between registering as a 'foreign agent' label and closing down, writes Oliver Tickell. Environmental campaigning, it seems, is now a 'political activity'.

Images and graphs: Large-scale agribusiness in Ukraine and local communities

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Ukraine's agriculture was the only sector in the country to grow in 2014. International investors like the European Bank for Reconstruction and Development are happy to point this out - and the role they are playing in financing these investments.

But an investigation published today into one of the main beneficiaries of loans from the EBRD and other multilateral development banks shows that cheap Ukrainian food products are coming at the expense of severe impacts on local communities.


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