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EBRD environmental policy breaches on hydro plants confirmed by internal investigation

The EBRD has failed to properly assess 3 hydro projects it has approved for financing in Macedonia, Croatia and Georgia, according to bank internal investigations initiated after formal complaints by Bankwatch member groups. NGOs caution that, more than mere slips, these improper assessments are a symptom of what could be called bankers’ overconfidence – that is, a tendency to assume that all environmental damage can be ‘managed’, which from a business point of view is much more convenient than admitting that some projects simply should not go ahead.

TTIP puts the EU's environmental and social policies on the line

Source: , Euractiv

The European Commission has repeatedly promised civil society that the TTIP negotiations with the US will not lead to a race to the bottom on environmental protection, health and safety standards and consumer rights. But as negotiations progress, civil society groups on both sides of the Atlantic are increasingly feeling uneasy, ten leading NGOs write in an open letter.

A healthy environment for a good quality of life - The Green 10 top ten demands for the 2014 European Parliament elections

Europe is struggling to find its way out of multiple crises. Austerity measures in reaction to the economic crisis are causing untold human suffering. The environmental crisis is continuing apace, endangering the well-being of future generations. Meanwhile, little has been done to put the region on an environmentally sustainable path. Ten of the leading environmental organisations in the EU, representing over 20 million Europeans, believe that the answers to these crises lie in smarter and more sustainable EU policies.

Is Egypt just stuck in transition or heading away from democracy? Considerations for the EBRD

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Six months after the Egyptian army deposed Egypt's first freely elected president, the weak democratic signals by the authorities are overshadowed by widespread repression. How can the European Bank for Reconstruction and Development possibly help under these circumstances? Or put differently: Will the limited benefits to the country's private sector from EBRD engagement really be enough to outweigh the harm done by the bank's support for an undemocratic regime?


EBRD - eyes wide shut to coal sector corruption

Source: , The Ecologist

The European Bank for Reconstruction and Development has been financing coal mining companies implicated in criminal corruption allegations - according to a Bankwatch analysis.

Kolubara, mine serbe sur du charbon ardent

Source: Amandine Cailhol, Liberation

Soutenu par une filiale d’EDF, le projet d’agrandissement du site titanesque et très polluant inquiète les écologistes.

Toolkit for the environmental assessment of EU funding

This toolkit provides EU funds practitioners, whether it be relevant officials in municipalities, potential EU funds grantees, local communities, civil society organisations or interested members of the public, with an overview of all the legal regulations related to environmental mainstreaming and sustainable development that have been introduced into the forthcoming EU budgetary period of 2014-2020. In practical terms, coverage is provided, too, of the relevant environmental mainstreaming strategies and mechanisms.

State of play at EU funds programming half time

Analyses and comments elaborated and published in the course of the
on-going programming process from May until December 2013 show that the draft planning documents fail to ensure sustainable development, are half-hearted in environmental protection, sideline partners and neglect communities.

Letter regarding EBRD operations in Egypt despite continued human rights violations

Prompted by gross human rights violations in Egypt this letter asks for clarification how the EBRD can continue to operate in Egypt even though the EBRD's mandate states that the bank operates in "countries committed to and applying the principles of multiparty democracy, pluralism and market economics" and its continued operations in Egypt therefore amount to a blatant violation of its commitments as a public institution.

Missing sustainability: The EBRD's controversial energy lending in Ukraine (2006-2013)

While the EBRD's founding document require it to "promote in the full range of its activities environmentally sound and sustainable development" more than half of the bank’s energy investments in Ukraine for the period 2006-2013 hardly served the purpose of sustainable development promotion. In this period the EBRD has supported nuclear energy production and new output capacities for nuclear power plants, export-oriented infrastructure, as well as controversial initiatives in the renewable energy sector.

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