Archive | September, 2016

REPORT: The best laid plans: why the Investment Plan for Europe does not drive the sustainable energy transition

by Markus Trilling, EU funds campaign coordinator at CEE Bankwatch If it seems too good to be true, it probably isn’t – a thought that inevitably comes to mind seeing the European Commission and the European Investment Bank congratulating themselves for the great job they’ve done. One and a half years after the launch of […]

Read more

Juncker investment plan: deep reforms necessary for sustainable future, says new joint report

— Brussels, 28 September 2016 – Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today [1]. The report analyses projects approved by the European Fund for Strategic Investments (EFSI) in […]

Read more

Event: EFSI 2.0 – The Investment Plan for Europe: Which Contribution to the EU’s Climate Agenda?

Aimed at raising investments for € 315 billion and supposed to “create jobs everyday”, after one year of operations the European Fund for Strategic Investments (EFSI) still appears questionable. On the eve of the proposal to extend the Juncker plan up to 2020, CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe and WWF […]

Read more

Report reveals the “dark side” of EIB funds: how the EU’s bank supports non-transparent investment funds based in tax havens

Counter Balance launches today a new report that critically analyses a little-known part of the European Investment Bank (EIB)’s operations: its use of private equity funds. The report presents a number of statistics and facts about recent investment funds financed by the EIB during the period 2011-2015. Main findings are that: – The EIB supports […]

Read more

Live media briefing: The Southern Gas Corridor – a threat to the climate and human rights

The briefing will be live streamed on this page on September 12, 2016 at 11 am CET. Watch the briefing on YouTube>> In light of record loans that the Southern Gas Corridor pipeline project could soon receive from European and other international financial institutions, campaigners will explore in a live online discussion the multitude of […]

Read more