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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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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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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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Juncker investment plan: deep reforms necessary for sustainable future, says new joint report

— Brussels, 28 September 2016 – Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today [1]. The report analyses projects approved by the European Fund for Strategic Investments (EFSI) in […]

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Report: Institutionalized Corruption in Romania’s Third Largest Company

Brussels, July 12 Counter Balance and its partner CEE Bankwatch have launched a new report exploring corruption cases in Romania’s third largest company. The Oltenia Energy Complex (OEC) is a key player in the energy sector in Romania and today operates ten lignite mines and four power plants. Supposed recipient of a EUR 200 million […]

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Highway to hell – European money fuelling controversial infrastructure projects

Counter Balance and Re:Common are glad to announce the launch of their latest report “Highway to Hell”. Providing an in-depth analysis of two major infrastructure projects in the Veneto region in Italy, the report focuses on the corruption and state capture issues related to them. Both the Passante di Mestre and the Mose projects have […]

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