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Counter Balance’s statement in solidarity with the No TAP Committee

Counter Balance expresses its solidarity with the citizens peacefully opposing the construction of the Trans-Adriatic Pipeline in Melendugno (Puglia region, Italy). We stand in solidarity with the No TAP Committee and the non-violent actions to stop the illegal construction works that took place on the ground in recent days. Over the last years, we have […]

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Parliament inaction on lobby transparency could sink register reform

Friday, March 17, 2017 Issued by The Alliance for Lobbying Transparency and Ethics Regulation (ALTER-EU) The European Parliament must do more to improve lobby transparency, 100 civil society organisations urged in an open letter published today. MEPs were warned that the European Commission’s current proposal for a revised EU Transparency Register would allow for even […]

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Azerbaijan suspended from the EITI – a Bankwatch and Counter Balance statement

A decision to suspend Azerbaijan’s membership in the Extractive Industries Transparency Initiative (EITI) adopted yesterday (Mar 9) is the latest reminder for international financial institutes to avoid supporting the Southern Gas Corridor (SGC) project   In 2015, the EITI board downgraded Azerbaijan’s membership status due to its relentless crackdown on civil society, political opponents and […]

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EU Ombudsman to investigate EIB for maladministration

Brussels, 2 March 2017 The European Investment Bank (EIB) is being investigated for maladministration, after the European Ombudsman sent a formal letter opening the case this week (27 February 2017). The investigation comes after ClientEarth, CEE Bankwatch Network and Counter Balance highlighted the lack of transparency at the bank, and its attempts to block scrutiny. […]

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World Bank’s controversial TANAP loan is bad news for human rights and climate action

December 21, 2016 Yesterday, the World Bank’s board of directors approved two USD 400 million loans, to Azerbaijan and to Turkey, to develop the Trans Anatolian Pipeline (TANAP), the centrepiece of the Southern Gas Corridor project. CEE Bankwatch Network and Counter Balance are deeply concerned that the decision to channel such large amounts of money […]

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Bratislava Bypass, flagship EFSI failure: non-transparent decisions for dubious public benefit – New report

  A EUR 1.76 billion-worth project guaranteed through the European Fund for Strategic Investments (EFSI)i, the Bratislava Bypass is a public-private partnership (PPP) supported by the Slovak government and promoted as the biggest EFSI project in Central Eastern Europe. Yet, preferred by the government to greener and more effective solutions to the traffic problems of […]

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