Tag Archives: fossil fuels

Event: Global gas lock-in: linking North-South resistance – Brussels 21-23 September

Counter Balance, with Rosa-Luxemburg-Stiftung and its partners is glad to announce the next gas conference in Brussels. 21.09.2017 – 23.09.2017 The conference follows up on a previous gas meeting in Brussels last year. Conference goals: Building a coalition against further gas infrastructures and LNG imports Organizing along supply chains Learning about impacts of gas extraction […]

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Out for Summer, Episode 3: EIB Promoting development in Egypt – at what cost?

After the Arab Springs, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) engaged in the support of the country’s transition to democracy, endorsing the priorities of el-Sisi’s new government: energy and economic development. But a few years later, the human rights situation in the country still raises big concerns, […]

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Southern Gas Corridor update: Russian involvement increasingly evident

While new public finance for the Southern Gas Corridor is lining up, the European Commission’s narrative that the pipeline would relieve Europe’s dependence on Russian gas continues to crumble. — By Ido Liven, originally published by Banwkatch — Another chunk of EU public money could soon be going to the Russian component of the Southern […]

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Why Europe must turn off the gas TAP – NGOs, academics & artists sign against the pipeline

Dear Maroš Šefčovič, Vice-President of the European Commission for the Energy Union. Werner Hoyer, President of the European Investment Bank, and Suma Chakrabarti President of the European Bank for Reconstruction and Development. We call on the European Commission to withdraw support for the 878 kilometre long Trans Adriatic Pipeline (TAP), and on taxpayer-funded banks to […]

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European Parliament criticizes the Juncker Plan implementation

Brussels/Strasbourg, 15.6.2017 The European Parliament adopted today a critical resolution on the implementation of the Investment Plan for Europe (so-called “Juncker Plan”) and its flagship initiative – the European Fund for Strategic Investments (EFSI). Counter Balance welcomes the report adopted, although it paid little attention to the harmful environmental and climate impacts of projects supported […]

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Counter Balance’s 10th anniversary

As European public banks have gained a more and more important role, over the last decade at Counter Balance we have been working to make sure these institutions lead the transition towards a more sustainable and equal society. We are glad to celebrate our 10th anniversary through a brief overview of our achievements and future […]

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