Publications

To reach the EU agreed climate and energy targets by 2020, the European Commission states that at least 20% of the future Multiannual Financial Framework (MFF) 2014-2020 should support climate action. The Coalition for a Sustainable EU budget strongly supports this initiative and ask to increase it to 25% of the next MFF. In order to have a proper legal basis, this commitment should be included in the Negotiating Box and in the Inter-Institutional Agreement.

Following up on a meeting between the EBRD President Sir Suma Chakrabarti and civil society groups monitoring the bank taking place July 23 in London, Bankwatch sent the new EBRD president a letter outlining civil society organisations' concerns over the lack of transparency of the mining strategy review process as well as some recommendations for improving this situation.

The European Anti-Fraud Office (OLAF) decided to start an official investigation into the case of the Sostanj lignite power plant in Slovenia due to serious concerns about corruption and conflicts of interests in the granting of the contract to the company Alstom.

(Information on OLAF staff has been blackened on request by the Office.)

Bankwatch's provided comments on the EBRD’s GHG emissions accounting methodology (pdf) in an effort to improve the carbon footprint of EBRD’s investments. We primarily focus on how baselines are set and the treatment of scope 2 and scope 3 emissions.

During the Cyprus Presidency the ordinary legislative procedure for adopting the regulatory framework on the future Cohesion Policy shall be concluded.