Archive | December, 2012

Input to EIB’s energy policy review

In the coming months the EIB will revise its energy lending policy. An unique chance for the bank to turn away from from coal and other fossil fuels lending and fully opt for renwables and energy efficiency projects. In our submission to the Bank we touch on many issues including energy lending in the South, […]

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Blood pours from the head of a democracy protestor while being attacked by the Muslim Brotherhood’s informal militia

NGOs call for EU public bank lending moratorium in Egypt amidst violent repression

Brussels/Cairo/London – Egyptian and European NGOs call on the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to stop lending to the Egyptian government. In an open letter to both banks, they express their concern about the current situation [1]. “President Morsi’s undemocratic power grab and the resultant violence run […]

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Complaints of affected communities still not fully addressed

European Ombudsman will investigate EIB’s failures in Bujagali Hydro case

Brussels/Kampala – The European Ombudsman will investigate a complaint against the European Investment Bank for maladministration in the Bujagali hydro project in Uganda. The Ombudsman’s decision to investigate the case is a blame for the EIB which failed to adequately address the initial complaint filed three years ago by four NGOs. “The ombudsman investigation proves […]

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