Tag Archives: EIB

First overhaul the investment bank for a greener EU

Originally published on EU Observer. By Adriana Paradiso In a few weeks, as European citizens we will be called to elect our new representatives at the European Parliament. This democratic choice will be essential to make sure they push on our behalf to shape the kind of Europe we want to live in. And an […]

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Rebuilding the world: the hubris behind the global infrastructure agenda

Originally published on OpenDemocracy By Xavier Sol Infrastructure is not just about bricks and mortar. It is about systematic wealth extraction from local communities, whose territories are permanently reshaped in the name of capital accumulation. This article is part of a series by openDemocracy and the Bretton Woods Project on the crisis of multilateralism. The […]

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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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Record citizens’ input to EU bank’s consultation calls on the bank to urgently abandon fossil fuels

Brussels, 28 March 2019 Today, as they submit their official contribution to the public consultation on the European Investment Bank (EIB)’s new Energy Lending Policy, citizens, civil society and local authorities call for the world’s largest public lender to end its support for fossil fuels projects. In the moment of highest public engagement with the […]

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Counter Balance submits its contribution for the EIB Energy Lending Policy

As part of the public consultation opened by the EIB, the Counter Balance coalition, together with Focus Association for Sustainable Development – Slovenia, submitted its contribution to the bank’s Energy Lending Policy review. Read the submission here.

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Development in Reverse – Episode 3: the Nepal Marsygandi Corridor

The European Investment Bank (EIB) is funding the expansion of parts of the Nepal power system. The Marsygandi Corridor, passing over homes, lands forests and community spaces in the Lamjung district, Western Nepal, raises particular concerns about the impact on the local Gurung Indigenous Peoples. Our new infographic explains more.   For further details on […]

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Development in Reverse – Episode 1: Ombudsman bashes EIB for mishandling a mining fiasco

Brussels – In an unprecedented ruling, the European Ombudsman concluded that the European Investment Bank (EIB) mishandled complaints about a major mining project it financed in Madagascar. The Ombudsman ruled maladministration for the EIB massive delays in handling the case and highlighted the poor monitoring on the implementation of the project on the ground. The […]

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Looting 2.0: supporting state capture at the Krk gas terminal

Looting2_0 11 February 2019 Re:Common, together with Counter Balance and Zelena Akcija/Friends of the Earth Croatia published a new report questioning the hidden interests behind the new LNG Terminal that Croatia wants to build on the island of Krk. Over the last decade, the building of a Liquefied Natural Gas (LNG) and regasification plant on the […]

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Help Reform the EIB!

Sign the petition for an improved EU bank. In May, as EU citizens we will be called to elect our new representatives at the European Parliament. This democratic choice will be essential to make sure they push on our behalf to shape the kind of Europe we want to live in. And an improved European […]

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[DE] Keinen Cent mehr für Gas

Originally published on taz.de Die Kampagne „Fossil Free EIB“ will, dass die Europäische Investitionsbank für fossile Energieprojekte keine Kredite mehr vergibt. Vor allem nicht für Gas. BERLIN taz | Mehrere Nichtregierungsorganisationen haben vor kurzem die Kampagne „Fossil Free EIB“ gestartet. Ihr Ziel: Die Europäische Investitionsbank (EIB) soll künftig keine Projekte mit fossilen Brennstoffen wie Kohle, Öl und Gas finanzieren. […]

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