Tag Archives: energy

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 […]

Read more

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 […]

Read more

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 […]

Read more

European Fossil Fuel Subsidies Awards

Counter Balance supports the European Fossil Fuel Subsidies Awards, launched by CAN Europe. Most governments don’t like to talk about the fact that they are giving money to fossil fuels, and in some cases they do what they can to hide them. It is simply unfair to European citizens to keep these subsidies in the […]

Read more

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 […]

Read more

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 […]

Read more