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Italian communities block pipeline works to save ancient olive trees

by Elena Gerebizza, Energy campaigner for Re:Common. Originally published by Bankwatch. March 23, 2017 Resistance against the Trans-Adriatic Pipeline has been active for several years in the region. An ancient olive grove in southern Italy is currently on the frontlines of grassroots resistance to the Southern Gas Corridor project, the EU’s flagship energy project. Earlier […]

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Counter Balance raises NGO concerns on the European Fund for Sustainable Development at EU Parliament hearing

Yesterday, Wednesday 8 March, Counter Balance intervened during a public hearing at the European Parliament where MEPs exchanged views with experts and stakeholders on the European Fund for Sustainable Development (EFSD). Organised by the Parliament Foreign Affairs (AFET), Development (DEVE) and Budgets (BUDG) Committees, the hearing hosted among others representatives from the European Investment Bank […]

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EIB pioneer investment in climate fund turns into a crash dive, according to NGO report

Brussels, 28 Feb Showcased as the ultimate initiative to fight climate change, the European Investment Bank (EIB)’s participation in the Althelia Climate Fund is nothing like the social and environmental success it was described to be – say the NGO Re:Common and Counter Balance in a new report released today. Contributing up to €25m in […]

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The NGOs’ point of view presented to the EIB Board of Directors

Human rights, climate, accountability. These are the main areas needing urgent improvement in the EU’s bank activities, flagged NGOs to the EIB Board of Directors last Monday 30th January, on the occasion of the traditional annual meeting with civil society. There, the Counter Balance coalition did not miss the chance to raise the most urgent […]

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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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