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New lending criteria needed

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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.

Augustow by-pass ‘illegal’ but campaigners fear wetlands threatened by new scheme

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The highest administrative court in Poland has ruled that the controversial Augustow by-pass planned to cut through pristine and protected wetlands in the Rospuda Valley is illegal. But environmental groups are warning that the Polish government is trying to 're-brand' the route under a different road scheme.

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