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VIDEO: The song of the EIB

On the occasion of the EU elections 2019, Counter Balance and its partners call the citizens’ attention on the bank of the EU – the European Investment Bank (EIB). What does it do? What are the challenges it has gone through so far? What the aspects that need improvement? And what can the citizens do […]

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VIDEO: The Southern Gas Corridor, a “Treachery of Images” for the EU’s future

As the European Investment Bank prepares to vote next Feb 6 on a € 1.5bn loan to the western leg of the gas mega-pipeline (the Trans Adriatic Pipeline – TAP), a new NGO video presents the blatant contradictions of this EU-sponsored project locking us in a fossil-fuel future What do Magritte’s famous painting from 1928 […]

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Biodiversity offsetting, making dreams come true

Biodiversity offsetting makes dreams come true. It is the license that can make bad developers’ dreams a reality. Across the world offsets already justify the destruction of irreplaceable ecosystems to make way for mining projects, motorways, pipelines … Europe is the new frontier for biodiversity offsets.The European Union is considering new legislation that permits biodiversity […]

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The Great Nature Sale (Carbon Credit 3)

Putting a price on nature is the only way to save it, we are told by banks, companies and governments. Only then we can measure its value and only what’s measurable can be protected. That is perhaps the most imperative consequence of financialisation, it allows for only one pair of glasses to look at world […]

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Carbon Credit 2 – Therapy

Since its foundation, the European Union has increasingly relied on market mechanisms to solve its problems. Initially creating economic interdependence was the main ingredient of its peace project but since the 1970’s market deregulation became the main recipe for practically every problem it faced, from energy crisis over unemployment to budgetary deficits and so on. […]

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Power to the people!

Community power is the future! That’s at least our conclusion after an intensive year of working on energy issues and engaging with EU citizens. In a final expert debate that idea was confirmed but on the path towards it there are still many obstacles to overcome. The past year Counter Balance has created 9 different […]

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Carbon Credit! (The first superhero who smokes)

Carbon markets – the never ending fairytale Once upon a time, not so long ago, world leaders gathered to make an agreement to fight climate change. They met in Japan and agreed to the famous Kyoto Protocol. A principal feature of the Protocol turned out to be carbon trading: a magical solution to curb CO2 […]

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EIB hoax – coal down award [full video]

A European Investment Bank (EIB) that would cease lending to coal projects and eventually all fossil fuels is still a dream. However last Thursday we dreamed out loud and imagined how it would be. Effects would be tremendous: the EIB could play a leading role in decarbonising Europe’s energy infrastructure, it would be applauded by […]

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Why the EIB got the ‘Coal Down’ award

After a fake press release in which the EIB ‘announced’ its divestment from coal, activists stroke again the next day during the Bank’s annual press conference. In name of EU citizens, President Werner Hoyer received the 2013 ‘World Coal Down’ award. Unfortunately he had to enfeeble the rumours of the EIB’s coal divestment, saying it […]

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Workshop Ecosystem Trading

A workshop on ecosystem services and carbon trading by Jutta Kill aimed at activists and NGOs working on the issue. The workshops shows how ecosystem trading works, how it has evolved and how carbon trading has accelerated the process.  It explains how nature is being price tagged and traded and how it loses is status […]

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