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Q: When is a rail project not a rail project? A: When it's meant to get people into planes.

The EU should not be funding airport projects, or dressing up airport express train links as green "intermodal hubs" says T&E's deputy director Nina Renshaw.

New lending criteria needed

Sketch of some documents (default image for news

The NGO network CEE Bankwatch says the European Bank for Reconstruction and Development urgently needs to reduce its carbon-heavy investments in new motorways and air travel, and instead promote transport that assists the transition to a low-carbon economy. Its comments come in a consultation by the Bank on how it decides its transport lending in central and eastern Europe. Bankwatch also says the Bank’s ‘private sector at just about all costs’ approach is leading to bad lending decisions, and it should ensure that railway restructuring does not become a misleading term that takes trade off the rails because of higher costs.