Tag Archives: energy

EU leaders keep saying climate is a priority. Here’s something they can do

Originally published on Climate Home News The European Investment Bank is the world’s largest multilateral lender and it keeps funding fossil fuels. Next week EU finance ministers can change that By Xavier Sol and Adriana Paradiso Fixing our climate is one of the biggest challenges our politicians will have to face in the years to come, […]

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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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Who really needs the Krk LNG Terminal?

Originally published on euronews. By Elena Gerebizza, Re:Common Last week, local residents and environmentalists confirmed their opposition to the planned Liquefied Natural Gas (LNG) Terminal in Krk, Croatia. A flagship project for the Adriatic country, the LNG terminal also features as a Project of Common Interest at European level, despite continuing controversies on its environmental impacts, usefulness […]

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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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The EU’s bank downplayed climate risk in granting record loans to Europe’s largest fossil fuel project

PRESS RELEASE CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe, Re:Common February 7, 2019 Brussels In a complaint lodged today with the European Investment Bank (EIB), civil society groups protest that the bank systematically underestimated the climate footprint of a fossil fuel mega project, the Southern Gas Corridor, which helped justify providing it […]

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EU bank urged to free itself from fossil fuels and take climate leadership, as it discusses new energy policy

Brussels, 4 February 2019 Civil society calls on European Investment Bank (EIB)’s President Werner Hoyer to take a bold stance in the fight against climate change and lead the bank out of fossil fuels by shifting its investments towards renewable energy and energy efficiency. The  “Fossil Free EIB” campaign has been launched today alongside a […]

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How to turn the EU’s house bank from climate laggard to leader?

Online media briefing: Friday, January 25, 11:00am-12:00 noon CET Join via this link: https://zoom.us/j/429943878 Next week, the European Investment Bank (EIB) will be holding its annual press conference where President Werner Hoyer is expected to give an overview of the bank’s performance over the past year and its outlook for 2019. Reflecting on the EIB’s investments in the […]

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Future EU investment package falls short of climate ambition

Strasbourg/Brussels, 16 January 2019 Today the European Parliament took a disappointing stance on climate when voting to approve the establishment of InvestEU, the EU’s financing tool to attract private investments – say NGO groups CEE Bankwatch Network, Climate Action Network (CAN) Europe, WWF European Policy Office, and Counter Balance.  The approved investment package keeps the […]

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European Parliament takes incoherent steps on climate in future EU investments

Strasbourg / Brussels, 13 December 2018 As governments discuss how to implement the Paris Climate Agreement at the COP24 in Katowice, today the Budget and Economic Affairs committees of the European Parliament failed to prevent further public investments in fossil fuels under InvestEU, the EU’s financing tool to attract private investments – say NGOs group […]

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