New report analyses “corrupt but legal” practices in development finance

Brussels, 9 December 2016 Is corruption defined solely within the boundaries of what is legal? Is the deterioration of our democratic societies limited to officially acknowledged crimes such as bribes, money laundering and fraud? The answer is no, according to Counter Balance’s latest analysis “Corrupt but legal” published today, on the occasion of the International […]

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New Report: Going abroad – A critique of the EIB’s External Lending Mandate

November 16, 2016 Brussels, Prague The EIB is increasingly given a prominent role in the EU’s response to the so-called refugee crisis stretching the bank’s operations well beyond the its current mandate for overseas investments. Yet, a new report by Counter Balance and CEE Bankwatch Network takes a closer look at projects the EU’s house […]

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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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Last harvest looming for Albanian farmers along pipeline route

Numerous farmers and land owners in Albania feel they are sidelined by Europe’s dash for gas By Bankwatch Read the photostory here.

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When Athens can’t tell a Trojan horse

Rural communities in northern Greece are determined to prevent the EU’s most extravagant energy project from scarring their land By Elena Gerebizza, Re:common. Originally published by Bankwatch. Read the photostory here.

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Finance ministers’ proposal for Europe’s investment plan not in line with EU’s own climate goals

Today the ECOFIN Council agreed on its position on the future of the European Fund for Strategic Investments, EFSI, also referred to as the Juncker Plan or the Investment Plan for Europe. While it contains some good elements on climate action, the Council stills falls short of ensuring EFSI’s investments are in line with the […]

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Why the EIB should not deal with the migration crisis

Originally published on Euractiv. The EIB is not well placed to intervene in the migration crisis. The bank’s past form shows it lacks the human touch needed to succeed in this area, writes Xavier Sol. Sparking the most diverse reactions, from a concerning burst of xenophobia to exceptional waves of welcoming generosity, the so called […]

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Event: From African mega dams to German motorways, 13 December – Berlin

Global Investment in Infrastructure: Who Benefits? Who Pays? Who owns? Date: Tuesday, December 13, 2016 – 18:00 – 20:00 Event city:  Berlin Address: Heinrich-Böll-Stiftung – Bundesstiftung Berlin Schumannstr. 8 10117 Berlin Agenda 1. Presentations Nancy Alexander, Heinrich-Böll-Stiftung, Director Economic Governance Program, Washington DC Reflections on the global infrastructure agenda and role of G20 (origins and […]

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Here be dragons: How the EU bank’s development finance overlooks people at risk

By Ola Antonowicz-Cyglicka, Development campaigner, Poland, Bankwatcth. Originally published here. The European Investment Bank’s failure in safeguarding the most vulnerable groups shows it is ill-equipped to help refugees and host communities in the European Union’s neighbourhood. A new report explains the bank’s weaknesses in identifying and responding to human rights risks. According to a European […]

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