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Video projected on the European Parliament questions potential EIB’s capital increase

Brussels – On Monday night a video was projected on the building of the European Parliament which denounced the unsustainable energy portfolio of the European Investment Bank (EIB). The 30 second video concluded with: “Make the EIB chose a brighter future before increasing its capital”, a message for EIB governors which gather Tuesday 15 May […]

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Make the EIB chose a brighter future

The European Investment Bank is to fund a sustainable energy future for Europe. But its energy portfolio hides a darker sid. Make the EIB choose a brighter future before increasing its capital. This video was projected on the European Parliament on May 14 the night before EIB governors gathered for the bank’s Annual General Meeting […]

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Europe’s energy games are not child’s play – new report and cartoon

By David Hoffman (also appeared on the Bankwatch website) When it comes to EU energy policies, particularly those that guide the relationships with neighbouring countries, Europe at times displays characteristics similar to the self-absorbed stubbornness of a child who doesn’t play nicely with his schoolmates. Stealing things from others, taking candy from strangers against his […]

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Public action against the financing of large dams

Counter Balance and International Rivers organised a public action against the financing of large dams and the Hydropower Sustainability Assessment Protocol (HSAP). The action was held in the center of Marseille during the last World Water Forum. “We cannot develop while we are killing our rivers”, an activist from Turkey said.

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Public Action: The World Water Newspaper

During the World Water Forum in Marseille our Italian member organisation CRBM distributed a parodied newspaper with news on the World Water Forum to challenge their discourse in jocular way. “There is a lot of greenwashing going on here and we are doing some greenwashing as well now but in a playful manner”, says Marek […]

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An EIB holiday

Have you ever wondered where the EIB spends its money on? Just press play and we will show you in less than 2 minutes. We have also a French and a Dutch version available. We also prepared a paper to accompany this video. The paper is based on a fact finding mission to the project, […]

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New Counter Balance report:“Lack of scrutiny of EIB investments allows companies to free ride in Panama”

A new Counter Balance report, ‘Dire Straits: EIB investments in Panama and their impacts on indigenous communities, workers and the environment’, investigates three recent projects in Panama: the expansion of the Canal, and two hydro-electrical projects – Dos Mares and Barro Blanco. The international companies[1] running the projects get away with workers right’s violations and […]

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European Investment Bank: a stormy future for development

Counter Balance presents a new cartoon questioning the impossible number of contradictory tasks the European Investment Bank (EIB) has been given – will the EIB manage to cope with them all? EU Member States and the European Commission urgently need to resolve this!

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Bujagali: testimony of Ugandan NGOs in case against EIB

Interview with Frank Muramazi from Ugandan National Association of Professional Environmentalists (NAPE), who speaks about the case of Bujagali Hydropower Dam.

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