Bank of scandals: toxic culture of favouritism exposed at the European Investment Bank
11 December 2024 | Follow the money
“Compared to other financial institutions, the EIB is run with a high level of internal secrecy,” said Anna Roggenbuck, who has been following the EIB for over 15 years for Bankwatch, a civil society organisation that monitors publicly financed projects.
The European Investment Bank has a chronic ‘revolving doors’ problem
5 December 2024 | EUobserver
Instead of the EIB shrugging its shoulders at yet another revolving door case, it must understand these new revelations as a wake-up call to drive the necessary changes that will enable it, as a key EU institution, to retain public legitimacy.
“There is no political vision that can show people the light at the end of the tunnel,” said Eliza Barnea from CEE Bankwatch Network, a climate-focused nonprofit.
Cop29 host Azerbaijan set for major fossil gas expansion, report says
23 October 2024 | The Guardian
The new report, produced by Urgewald and CEE Bankwatch, found Azerbaijan was set to increase its gas production by a third in the next decade, with fossil fuel companies forecast to spend $41.4bn (£31.9bn) on the country’s gas fields.
Civil society groups urge EU leaders to secure funding for fair transition in regions
18 September 2024 | Euronews
Civil groups are calling on EU leaders to prioritise EU funding to support regions most affected by the transition to climate neutrality in upcoming budget talks, according to a statement released today (September 18) by 42 civil society organisations.
EU hails benefits of multi-billion-euro environmental action
2 August 2024 | Euronews
Five major environmental NGOs – WWF, BirdLife, the European Environmental Bureau, Euronatur and CEE Bankwatch – proposed just such a fund earlier this week, saying it would need an annual budget of between €15bn and €25bn to implement the NRL and operate the Natura 2000 network effectively.
