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New study challenges the infrastructure mega-corridors agenda

We live in an age of what might be termed “extreme infrastructure”, and “Mega-corridors” are its most visible manifestation. A new study by Counter Balance calls attention on this pervading global agenda and identifies the risks associated with it. While infrastructure corridors are not new, their expansion has now reached an unimagined extreme scale. New […]

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€1.5 billion public loan for controversial pipeline withheld

December 12, 2017 Prague, Brussels, Berlin Today, at a board meeting in Luxembourg the European Investment Bank (EIB) has decided, for now, not to waste €1.5 billion in public funds on the controversial Trans-Adriatic Pipeline (TAP). A growing number of civil society groups are calling on the EIB not to fund this fossil fuel pipeline. […]

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European Union fails to eliminate fossil fuels from the Juncker Investment Plan

December 12, 2017 Brussels While EU leaders are discussing climate finance at the One Planet Summit in Paris, today the European Parliament failed once again to prevent further public investments in fossil fuels. A decision made in the European Parliament turns a blind eye to the Juncker plan’s investments in energy projects which have so […]

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New EU External Investment Plan risks sidelining development objectives

29.11.2017 Brussels/Abidjan As EU leaders meet their African counterparts in Abidjan for the 5th European Union/African Union summit, the European External Investment Plan (EIP) is in the spotlight. It is portrayed as the perfect recipe for the EU to combine development aid with  migration control and economic interests. But such a plan risks deviating from […]

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Despite Commission promise, new list of energy infrastructure ‘projects of common interest’ prioritises climate-wrecking fossil gas

November 24th, 2017 350.org, Corporate Europe Observatory, Counter Balance, PowerShift, Gastivists, Justice and Environment, Food & Water Europe BRUSSELS —Today, the European Commission presented its third “Projects of Common Interest” (PCI) list composed of energy infrastructure projects. It contains around 90 gas infrastructure projects. This is even more than the list of 2015 and directly contradicts […]

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Solidarity protests demand EIB pledge against financing new pipeline

Originally published by 350.org. 14th November, Europe. Starting today activists are undertaking an international series of coordinated protests at financial institutions and the UN climate negotiations in Bonn, Germany to demand that the European Investment Bank (EIB) pledges not to sink public funds into a risky new gas expansion project – the Trans Adriatic Pipeline (TAP). […]

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