EIB Global: new branding, old problems
July 20, 2022
With the launch of its new development branch EIB Global, the European Investment Bank (EIB) has shown its appetite for becoming a significant player in the field of development finance. However, without a major change in the Bank’s management and the shareholders’ approach to the impacts of its operations, EIB Global will remain a public relations exercise and a lost cause.
Joint civil society statement: Making human rights a true priority of the EIB
October 14, 2021
This joint civil society statement prepared by 12 civil society organisations outlines our recommendations for integrating human rights into the EIB’s Environmental and Social Sustainability Framework, by proposing specific improvements to the Policy a
Kenya energy project exposes the dark side of EU development funds
October 14, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled …
Kenya energy project exposes the dark side of EU development funds
October 13, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled multiple projects with devastating consequences for nature and communities with virtually zero accountability. The ongoing review of the EIB’s environmental and social standards is a crucial opportunity to ensure transparency and proper scrutiny of all projects supported with European public money.
The EU Bank about to fail becoming a responsible lender
August 6, 2021
The European Investment Bank (EIB) is closing today the public consultation as part of the review of its Environmental and Social Sustainability Framework. A large group of civil society organisations (CSOs) sent today written contributions highlighting their disappointment with the EIB proposals, and calling for concrete actions to ensure that the EIB will operate as a responsible lender in the future.
‘Highway of Destruction’ raises questions about effective and safe access to remedy and poor human rights safeguards at the EIB
July 13, 2021
This briefing summarises the information from the report Highway of Destruction, the result of research commissioned by CEE Bankwatch Network member group Polish Green Network and carried out by Kenyan researcher Naomi Barasa in July 2020. The study is
Half green and half-blind on democracy. As the EBRD turns 30 the vision of its founders is still far out of sight
April 14, 2021
The European Bank for Reconstruction and Development (EBRD) was created in 1991 at a unique moment in history: after the fall of the Berlin wall, the disintegration of the Soviet Union and the run-up for the Rio Earth Summit on Sustainable Development and the UN Framework Convention on Climate Change.
Geothermal Development in Kenya: The Good, the Bad and the Ugly
December 4, 2020
Geothermal development in Kenya is widely welcomed as green, clean and good for the country. But behind the glowing publicity is a hidden story of forced relocation, human rights abuses, land loss, shattered lives, joblessness, deepening poverty, and serious negative impacts on the health of local people and their livestock.
Deponie mit giftigem Arsen neben einem Wohngebiet: eine Schweizer Firma bezieht Kupfer von einer umstrittenen Schmelzerei
October 26, 2020
Die Schweizer IXM S.A. lässt bulgarisches Kupfer mit hohem Arsengehalt in einem Schmelzwerk in Namibia verarbeiten und nimmt diesem die ganze Produktion auch wieder ab. Das giftige Arsen wird gemäss Berichten in Zuckersäcken in einer Freiluft-Deponie am Rand einer Kleinstadt gelagert.
