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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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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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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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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