How the £1.3 Billion EIB Loan Uses Public Money to Muddy Democracy
NOVANEWS
How the £1.3 Billion EIB Loan Uses Public Money to Muddy Democracy, the Environment and Climate Change Targets
The European Investment Bank’s (EIB) board granted it’s biggest ever investment this week, a £1.3 billion loan for the Trans Adriatic Pipeline (TAP). This contentious grant has been attacked by those fighting for democracy and climate justice. KATIE HODGETTS dissects 2018’s most controversial decision…
By Katie Hodgetts
The Ecologist
If you listen carefully on a quiet day, you can hear the gasps of future generations. They are looking back into a distant past where the decisions are being made that will erode any fair or equitable future.
This gasp – shared even today by many of us – reverberated across Europe at 17:50 (CET) on Tuesday when the EIB approved a lo...