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| Our activities 2007 - 2009 |
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| 2007 |
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| September 27-28 |
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| European Investment Bank's Forum 2007. “Investing in Energy – Mastering Climate Change” in Ljubljana, Slovenia |
| As the EIB opened its two-day annual forum – entitled "Financing Energy – Mastering Climate Change" – in the Slovenian capital, Counter Balance called attention to the EIB’s energy lending in the last five years that has seen the bank lend four times as much money to fossil fuel projects than it has loaned to solar, wind and wood biomass energy sources altogether. |
Download the press release in pdf  |
Photos from the NGOs action:
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| October 5 |
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| November 7-9 |
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| Counter Balance at EU Development Days in Lisbon |
| At the European Development Days in Lisbon NGO campaigners concerned about the expanding financing role of the European Investment Bank in developing countries have called for the Bank to urgently strengthen its lending standards and procedures. The coalition had a stand in the Development village and participated in the regular CSO workshop organised by the EIB presenting the newly released report commissioned by CEE Bankwatch Network and written by Dr Christopher Wright, Visiting researcher at the Center for Development and Environment at the University of Oslo “EIB: promoting development where appropriate” |
Download the report in pdf  |
More information online:
About European Development Days in Lisbon 
About coalition's stand 
About CSO workshop organised by the EIB  |
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| November 29 |

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| Press Release: “European Parliament passes resolution to end taxpayer support for fossil fuels projects” |
Download the press release in pdf  |
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| 2008 |
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| February 28 |
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| Launch of new report: “The Gilbel Gibe Affair: An analysis of the Gilbel Gibe hydroelectric projects in Ethiopia” |
Download the press release in pdf  |
Download the full version of the report in pdf  |
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| March 13 |
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| European Investment Bank announces endorsing and supporting the Extractive Industries Transparency Initiative (EITI) |
Download the press release in pdf  |
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| April 23 |
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| Conference on Impact Assessment in London, organised by Counter Balance and Bretton Woods Project |
Download the invitation in pdf  |
Download the agenda in pdf  |
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| June 3 |
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| “Life begins at 50 for European Investment Bank, hopes civil society” – public event in Luxembourg around the annual general meeting of the European Investment Bank |
Download the press release in pdf  |
Photos from the NGOs action:
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Watch the videos from the action  |
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| July 1 |
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| Joint Counter Balance and Euro Parliament conference to debate the challenges for the European Investment Bank as it turns 50 |
Download more information about the event in pdf  |
Download the invitation in pdf  |
Download the agenda in pdf  |
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| July 15 |
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| Press Release: “Counter Balance warns against unconditional role for European Investment Bank in Central Asia, launches new website” |
Download the press release in pdf  |
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| October 31 |
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| Conference “Coherent for development? Development check of the financing activities of the European Investment Bank” in Berlin, organised by Counter Balance, urgewald and WEED. |
| The report: “Coherence for Development: Development check of the financing activities of the European Investment Bank” is a result of the conference. |
Download the background information, invitation and the agenda in pdf  |
Download the report in pdf  |
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| November 12 |
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| Press Release: “European Court of Justice ruling puts EU house bank on the spot: deliver on development role or stop lending outside Europe” |
Download the press release in pdf  |
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| December 2-3 |
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| 2009 |
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| March 25 |
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| Press Release: “Members of the European Parliament vote for increased transparency and accountability of the European Investment Bank in its loans to developing countries” |
Download the press release in pdf  |
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| March 30 - April 1 |
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| “The World In Crisis: Economies and Policies for Global Transformation” |
| Conference organised by Prague Global Policy Institute – Glopolis and co-organised by Counter Balance coalition amongst a list of development and environmental civil society organizations, with a dedicated workshop on the role of the European Investment Bank “What’s the EU house bank doing away from home” |
More information online:
About conference  |
Download the press release in pdf  |
Download the invitation |
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| June 9 |
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| Counter Balance joined by NGOs from across Europe call on the EIB to stop providing loans to companies and financial institutions registered in offshore financial centres and become a leader in the fight against capital flight. |
Download the press release in pdf  |
Photos from the NGOs action:
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| July 15 |
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| Launch of the report “Flying in the face of development. How European Investment Bank loans enable tax havens”, commissioned by the Counter Balance coalition to Eurodad policy analyst Marta Ruiz.
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Download the report in pdf  |
Download the press release in pdf  |
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| August 25 |
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| The EIB adopts an interim policy towards offshore financial centres.
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Counter Balance welcomes this step as the first one in the right direction and calls on the EU's house bank to take the lead worldwide in developing a more stringent definition of offshore financial centers and prohibited jurisdictions. In this regard, the prohibited lists internationally used do not go far enough. |
Download the press release in pdf |
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| October 22-24 |
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| Counter Balance at European Development Days in Stockholm
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Counter Balance coalition was present at the European Development Days in Stockholm. Coalition’s publications, multimedia, and photo exhibition were available for public on the Counter Balance stand. |
Download the press release in pdf |
More information online:
About European Development Days in Stockholm 
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| November 18-19 |
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| November 25 |
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| Ugandan affected communities supported by local and international civil society organisations and lawyers launched
a complaint against EUR 95 million EIB loan for Bujagali Hydropower Dam. |
| Following the findings of a field mission to Uganda in April 2009, Counter Balance, in collaboration with Human Rights Lawyers of Sherpa (France) and CLAI (Italy), Ugandan local communities, and the Ugandan National Association of Professional Environmentalists (NAPE), filed a complaint against the European Investment Bank, following the successful outcomes of an earlier complaint filed against the World Bank through the its Inspection Panel.
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Download the text of the complaint in pdf  |
Download the press release in pdf  |
Watch the video |
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