Archive | July, 2014

EIB threatens to become one of world’s most secretive financial institutions

The European Union’s Bank is proposing changes to its rules on information disclosure which would make it one of the most secretive financial institutions in the world, campaigners are warning. The European Investment Bank’s (EIB) shareholders are the member states of the European Union and its board of governors includes EU ministers such as UK […]

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Letter – Opportunities and expectations towards the EIB climate policy review

The EIB has announced it will review its climate policy. We believe this is a welcomed step if it will meet Europe’s ambitious climate policy objectives and it decarbonisation agenda. In this letter which is c0-signed by urgewald, E3G, Climate Bonds and Bankwatch we outline what we believe it will take to achieve these objectives. […]

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Opportunities and expectations towards the EIB climate policy review

After effectively phasing out lending to lignite and coal-fired power plants in its energy policy in 2013, the EIB is now reviewing its climate policy. This joint NGO letter expresses the expectations towards the EIB to align its lending further with climate science and the EU Roadmap 2050 by proposing a genuine strategy for the […]

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Reacció a l’informe 9 del Consell Assessor per a la Transició Nacional. “L’abastament d’energia”

El Consell Assessor per a la Transició Nacional de la Generalitat de Catalunya va publicar la setmana passada un document amb títol “l’abastament d’aigua i energia” que constitueix el novè informe sobre diferents temàtiques encarregades al Consell. Aquest informe hauria de ser de transició, és a dir, hauria de passar des de la situació actual […]

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Streamlining environmental assessment procedures for Projects of Common Interest (PCIs)

This briefing outlines the environmental legislation related to investments that have been designated as Projects of Common Interest (PCIs). Through this briefing we explain for a range of stakeholders – namely civil society organizations (CSOs), local municipalities and national authorities – what are the PCIs and why these audiences should ensure that these projects do […]

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Development billions loaned to Western companies and investment banks

By James Crisp, originally appeared on Euractiv Development Finance Institutions like the European Investment Bank (above) are criticised for favouring western companies and excluding poor countries from their decisions. [Ingenhoven Architects/Flickr] Billions of euros of public money are channelled into private sector projects in developing countries by organisations that favour Western companies and investment banks, and […]

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Italian presidency backs South Stream

By Valentina Pop, originally appeared on EU Observer BRUSSELS – The Italian EU presidency is in favour of a controversial Russian pipeline, South Stream, which would circumvent Ukraine to bring gas to south-east Europe. “We think South Stream should go ahead, as it would improve the diversification of gas routes to Europe,” Italy’s state secretary […]

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Europa wil schaarse natuurgebieden in de etalage zetten

Europa bereidt een wet voor om natuurgebieden te laten exploiteren door bedrijven via biodiversity offsetting. Dit systeem geeft aan projectontwikkelaars een vrijbrief om onvervangbare natuurgebieden te vernietigen. “Het systeem staat in kinderschoenen, maar de tijd dringt,” aldus Xavier Sol en Hannah Mowat. Samen met andere organisaties zijn ze een offensief begonnen tegen deze exploitatie. By […]

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Italian EU presidency backs South Stream

By Valentina Pop, originally appeared on EU Observer BRUSSELS – The Italian EU presidency is in favour of a controversial Russian pipeline, South Stream, which would circumvent Ukraine to bring gas to south-east Europe. “We think South Stream should go ahead, as it would improve the diversification of gas routes to Europe,” Italy’s state secretary […]

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Call for review of unaccountable institutions channelling public money into private sector projects in developing countries

Eurodad and Counter Balance demand developing country-led investigation as Development Finance Institutions set to invest $100 billion in the private sector by 2015 Some of the world’s biggest public institutions which use billions of euros of public money to support private sector projects in developing countries are unaccountable, shadowy organisations that often favour Western-based companies […]

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