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Fence or farce? Construction of Trans-Adriatic-Pipeline stuck in Italy

Monday 16th May was the deadline for the start of the construction works of the Trans-Adriatic Pipeline (TAP) on the shores of the Apulia region, in Italy. The documents are clear: on this date the authorization awarded by the Italian authorities to the TAP Consortium to kick-off building the pipeline would expire. But on Monday […]

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La folie des grandeurs : quand l’union européenne promeut des mégaprojets à l’utilité contestable

En février 2015, la Commission Européenne lançait en fanfare sa nouvelle initiative phare : l’Union de l’énergie. Celle-ci devait concilier l’objectif de bénéficier d’une énergie « plus sûre, abordable et durable » tout en rendant l’économie européenne « plus durable, sobre en carbone et respectueuse de l’environnement ». Un an plus tard, le soufflé est retombé et il semble que […]

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“Walking the Line” of the Southern Gas Corridor: the Webocumentary

Counter Balance, Platform and Re:Common are pleased to announce the launch of the webdocumentary “Walking the Line”. This webdocumentary presents the risks associated with the Euro-Caspian Mega Pipeline or Southern Gas Corridor. One of the biggest pipelines ever conceived, the corridor is supposed to stretch 3500 km from Azerbaijan to Italy and supply Europe with […]

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Glass Half Full? The State of Accountability in Development Finance

New research report finds development banks do not provide adequate remedy for people affected by their projects Download the full report and its annexes – including the annex on the European Investment Bank. Civil society calls on development banks to strengthen their systems to protect those harmed by the activities they finance. Counter Balance is […]

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Clouds darken over the TAP, Switzerland’s flagship gas pipeline

  By Federico Franchini, published in French on La Cité on 9 December 2015.   121 million Swiss Francs: these are the losses recorded at the end of 2014 by the Trans Adriatic Pipeline AG (TAP) company, the consortium in charge of the trans-Adriatic gas pipeline which has its headquarters in Baar, in the Zoug […]

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Spanish NGOs call for freezing the debt of the Castor project

A group of 20 Spanish NGOs, including our member Observatori del Deute en la Globalització (ODG), calls for a non-reimbursement of the debt provoked by the Castor project. This debt accumulated for a failed project is to be transferred to Spanish citizens as of January 2016 via their gas bills. It is estimated that the […]

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Audit report squanders opportunity to address EIB development effectiveness

The European Court of Auditors yesterday released a long-overdue report evaluating an important financing mechanism of the EU development cooperation. However, the audit of the European Investment Bank’s ACP Investment Facility takes a purely financial perspective on the mechanism, instead of looking at results delivered on key development objectives. As it stands, the audit offers […]

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Mega-infrastructure as “structural adjustment 2.0”

By Antonio Tricarico, Re:Common, Italy and Xavier Sol, Counter Balance, Brussels, and previously published by Heinrich-Böll-Stiftung North America. The revived love for mega-infrastructure at the time of the crisis The Group of 20 (G20) is promoting a new global programme for mega-infrastructure as one of the key antidotes for sluggish growth. Encouraged by the G20, […]

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The Juncker Plan: A genuine opportunity for the Parliament to scrutinise the EIB

For years the European Parliament has struggled to properly oversee the European Investment Bank. In fact, even if the EIB is engaging in a more regular dialogue with the EP, the bank still largely ignores the recommendations of the European Parliament. With the new EU guarantee awarded for EIB operations in the framework of the […]

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Italian mayors protest again the Trans Adriatic Pipeline

  Local opposition in Italy to the Trans Adriatic Pipeline (TAP) is mounting. During a business event organised last week, a dozen mayors staged a protest against the government’s support for the project, who together with civil society and local authorities fear that the pipeline will destroy the environment and the safety of their communities. […]

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