NEW REPORT: The best laid plans: why the Investment Plan for Europe does not drive the sustainable energy transition

by Markus Trilling, EU funds campaign coordinator at CEE Bankwatch If it seems too good to be true, it probably isn’t – a thought that inevitably comes to mind seeing the European Commission and the European Investment Bank congratulating themselves for the great job they’ve done. One and a half years after the launch of […]

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New report reveals the “dark side” of EIB funds: how the EU’s bank supports non-transparent investment funds based in tax havens

Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds. The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015. Main findings are that: – The EIB supports […]

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New Documentary: Walking the Line

Counter Balance, Platform and Re:Common are pleased to announce the launch of the webdocumentary “Walking the Line”. This webdocumentary presents the risks associated with the Euro-Caspian Mega Pipeline or Southern Gas Corridor. One of the biggest pipelines ever conceived, the corridor is supposed to stretch 3500 km from Azerbaijan to Italy and supply Europe with […]

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Event: EFSI 2.0 – The Investment Plan for Europe: Which Contribution to the EU’s Climate Agenda?

Aimed at raising investments for € 315 billion and supposed to “create jobs everyday”, after one year of operations the European Fund for Strategic Investments (EFSI) still appears questionable. On the eve of the proposal to extend the Juncker plan up to 2020, CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe and WWF […]

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Live media briefing: The Southern Gas Corridor – a threat to the climate and human rights

The briefing will be live streamed on this page on September 12, 2016 at 11 am CET. Watch the briefing on YouTube>> In light of record loans that the Southern Gas Corridor pipeline project could soon receive from European and other international financial institutions, campaigners will explore in a live online discussion the multitude of […]

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Why the Southern Gas Corridor is the wrong fix for Europe’s future

By Xavier Sol, originally published on Public Finance International. A mega project to pipe gas from Azerbaijan to Europe both rewards an autocratic regime and promotes a misleading energy model While the international consensus over the Nord Stream 2 pipeline has been shaken again after the Polish anti-monopoly watchdog halted the joint venture between Russia’s […]

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‘We have no other option’ – Albanian communities face unjust resettlement process for Trans-Adriatic Pipeline

By Anna Roggenbuck, originally published by CEE Bankwatch Network. What is a perceived source of security for some can be a source of instability for others’ lives. The Trans Adriatic Pipeline (TAP), the most western part of the Southern Gas Corridor, a pipeline project to bring gas from Azerbaijan to Europe is promoted by the […]

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Analysis – What’s New in the Investment Plan for Europe: Business as Usual or Genuine Innovation?

In November 2014 the European Commission (EC) announced a new investment plan that is to unlock investment in the real economy of over EUR 300 billion from 2015 to 2017. A new report by Counter Balance “What’s new in the Investment Plan for Europe: business as usual or genuine innovation?” launched today provides a first […]

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New Report: The Trans Adriatic Pipeline, an Opportunity or a Scam in the Making for Albania?

A new report published today by Re:Common and Counter Balance reveals how the preparations for the construction of the Albanian section of the Trans Adriatic Pipeline (TAP) are not on schedule and are putting private interests way out in front of the public interest in one of Europe’s poorest countries. In the context of the […]

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