Tag Archives: EBRD

European development money helps sustain fossil fuels-based companies – report

Originally published on bankwatch.org. Five of Europe’s biggest climate offenders continue to enjoy billions of euros in public funds, according to a Bankwatch report released today. 27 September 2018 The full report is available here. The companies – Energa and Grupa Azoty (Poland), ČEZ (Czech Republic), Elektroprivreda Srbije (Serbia), and Bulgarian Energy Holding (Bulgaria) – […]

Read more

The European Parliament resolution urges European financial institution to respect indigenous peoples rights

Celebrate the rights of those 5 per cent who hold 80 per cent of the planet’s biodiversity. Today is the International Day of the World’s Indigenous People. Originally published by Bankwatch. The European Parliament resolution of 3 July 2018 on violation of the rights of indigenous peoples in the world, including land grabbing recognises the “central role” […]

Read more

Uncertainty looms on the future of TAP, as EBRD envisages loan decision

By Elena Gerebizza, Re:Common After months of suspense and hesitations, the new Italian government is finally settled in Rome and didn’t wait long to fire out some first juicy declarations. Based on a “political contract” between the 5star Movement and the Northern League, the government’s patchwork agenda envisages to re-discuss planned big infrastructure projects – […]

Read more

With a little help from the European Commission: TAP and the Southern Gas Corridor

by Elena Gerebizza, originally published by Re:Common Last week Baku hosted the 4th Southern Gas Corridor Advisory Council Meeting. The event saw the participation of representatives from the governments involved in the project, but also the European Commission Vice President Maroš Šefčovič, who in the last few months hasn’t missed a single chance to stress […]

Read more

Southern Gas Corridor is the missing piece of Azerbaijani Laundromat puzzle

6 September 2017 Letter published on the Guardian by Sarah Shoraka Platform, Elena Gerebizza Re:Common, Xavier Sol Counter Balance, Anna Roggenbuck Bankwatch The Azerbaijani regime wants to present a positive image in Europe because it needs support for its flagship project, write four campaigners The Guardian’s Azerbaijani Laundromat investigation (UK at heart of $3bn secret […]

Read more

THE CIVIL PUSH TO STOP TAP

3 July 2017 By Sara Stefanini | @SaraStefaninii | With thanks to Anca Gurzu, Kalina Oroschakoff and Marion Solletty Originally published on POLITICO Pro Morning Energy and Environment. A group of scientists, environmental groups, actors and artists are calling on the EU to withdraw its support for the Trans Adriatic Pipeline (TAP), arguing it would […]

Read more

“Walking The Line”: The “dark” side of the Trans-Adriatic Gas Pipeline (TAP) [in Greek]

16/06/2017 By Xavier Sol, originally published by Huffington Post Greece. Υπάρχει ένας Έλληνας, ένας Ιταλός και ένας Αζέρος. Κάπως σχετίζονται μεταξύ τους, αλλά όχι, αυτό δεν είναι η αρχή ενός παλιού αστείου. Υπάρχει μια διαδρομή που συνδέει τη ζωή τους και πρόκειται σύντομα να πάρει τη μορφή ενός μακριού αγωγού, αυτού του Νότιου Διάδρομου Φυσικού […]

Read more

Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change

October 18, 2017 Prague, Brussels A USD 500 million loan approved today by the European Bank for Reconstruction and Development (EBRD) for the construction of the Trans Anatolian Pipeline (TANAP) would enable this massive fossil fuels project while overlooking the continued repression of civil society and media in both Azerbaijan and Turkey. Traversing Turkey, from […]

Read more

Out for Summer, Episode 2: how public banks support an unsustainable farming giant in Ukraine, ignoring communities’ rights

Myronivsky Hliboproduct (MHP) is a poultry farming giant operating in Ukraine. The company has received several loans by public banks including the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), even though its activities are seriously impacting the environment and local rural communities. The banks have so far declined any […]

Read more

Southern Gas Corridor update: Russian involvement increasingly evident

While new public finance for the Southern Gas Corridor is lining up, the European Commission’s narrative that the pipeline would relieve Europe’s dependence on Russian gas continues to crumble. — By Ido Liven, originally published by Banwkatch — Another chunk of EU public money could soon be going to the Russian component of the Southern […]

Read more