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what is CEE Bankwatch Network
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Environmental Association "For the Earth"(Za Zemiata) is a member group of the CEE Bankwatch Network since 1997. As a member, "For the Earth" develops a campaing for monitoring the activities of International Financial Institutions, such as the European Investment Bank, World Bank and ISPA pre-accssion fund of the European Union. The activities within the frames of this campaing include: informing civil society about the projects financed by IFIs and possible impacts on environment and people, assisting local population affected by the implementation of such projects, preventing their negative impacts on environmenta and people, and promotion of sustainable alternatives for development.

EU Funds in Central and Eastern Europe: 6 billion euros for damaging projects?

Billions of euros of taxpayers money are in danger of being used to fund controversial infrastructure projects in the new member states of the European Union, according to a new map launched today by CEE Bankwatch Network and Friends of the Earth Europe. The warning is issued as the EU gears up to pour EUR 157 billion in Structural and Cohesion Funds into its new member states and accession countries between 2007 and 2013.
The map entitled EU Funds in Central and Eastern Europe: Cohesion or Collision? highlights 22 environmentally damaging, economically unjustified or socially controversial projects with a total cost of roughly six billion euros.
Bulgarian action against EBRD's backing for destructive skiing development

Sofia, Bulgaria - On May 20 at 3pm, a "Bansko and the Banks" exhibition and concert will be held in front of the headquarters of the European Bank for Reconstruction and Development (EBRD) in Sofia. The action is in response to the EBRD funded Bansko Skiing Zone, a controversial project with negative social and environmental impacts.
Shocking levels of dioxin contamination found near proposed EU-funded waste site in Bulgaria

A study of free-range chicken eggs produced in the village of Kovachevo in the Stara Zagora region of Bulgaria has revealed evidence of alarming levels of dioxins and polychlorinated biphenyl (PCB) contamination, pointing to the crucial need for Bulgaria to fulfill its commitment to reduce human exposure to harmful persistent organic pollutants (POPs). [1] However, the Bulgarian Ministry of Environment and Water continues to promote the construction of a facility which will be a future POPs emitter two kilometres from Kovachevo and which will include a 15 000 tons per year incinerator as well as asbestos and hazardous waste landfills. The National Hazardous Waste Centre (NHWC) project is seeking substantial funding from the European Investment Bank (EIB) and European Union ISPA funds.

Coalition for sustainable EU funds

Structural and Cohesion Funds (SF/CF) are the second biggest part of the EU's budget. From the first day of accession the new member-states - having received pre-accession aid in the last few years - will receive an increasing share of the SF/CF. These funds constitute a substantial financial assistance and will shape the economical, social and environmental development of the new member states.

Public Funds for Public Benefit: Making the European Investment Bank Support People and the Environment

The European Investment Bank (EIB) has become the world's biggest public lender. Every year it lends about EUR 40 billion, mainly for projects in EU member states, but increasingly also for major investments in the Mediterranean, the ACP (Africa, Caribbean, Pacific), Latin America and Asia.
The Road Executive Agency plans to build the "Ljulin" motorway through the densely populated south-west region of the field of Sofia. "Ljulin" is a high-speed transit motorway, part of the Trans European Corridor N4. The motorway will be 6 carriageways where the total weight of the route-bed will be around 100 meters.
Part of the magnificent Bulgarian nature threatens to be destroyed if the Struma Motorway (between Sofia and Kulata) passes through the Kresna Gorge
The Bulgarian government plans to build the Struma Motorway (which is a part of the Trans European Corridor N 4 Sofia - Athens) directly THROUGH the Kresna Gorge and the town of Kresna.
Sofia Airport is situated within the city of Sofia, very close to human settlements. Thus, it poses serious problems on environment and especially on human health. Bulgarian environmental non-governmental organisations (NGOs) have argued against the project for "Reconstruction, development and extension of Sofia Airport", and their concerns about its inappropriate location have a long history.
.: resource centre
Information about projects financed by the EIB
Guidelines for access to information and monitoring projects by:
Who is who in the International Finacial Institutions
.: good projects
Criteria for Good Projects
Examples for good projects
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