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Home > European Investment Bank (EIB) > Updates on the European Investment Bank

Updates on the European Investment Bank

NEW REPORT: Is the EIB too faulty to become the ‘EU Development Bank’?

Press release | 9 November, 2020

With the EU actively debating the reshaping of its development role in the context of the current global health and economic challenges and the ‘Finance in Common’ summit kicking off today, the European Investment Bank (EIB) is looking to take center stage as the new ‘EU Development Bank’.

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Can the EIB become the “EU Development Bank”?

Publication | 9 November, 2020

This report analyses the EIB’s track record in the development field and offers a series of detailed recommendations for fundamental reforms at the EIB, so that the Bank can better support partner countries’ development priorities and ultimately become a credible candidate for the “EU Development Bank” seat.

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The never ending saga of the Nenskra HPP

Blog entry | 17 September, 2020

The Nenskra HPP is one of 35 hydropower plants slated for development in Upper Svaneti, a region roughly one-and-a-half times the size of Luxembourg.

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EIB’s lack of public disclosure on the Svans challenged by Ombudsman

Blog entry | 16 September, 2020

The European Ombudsman concluded that the EIB should disclose an expert report on whether Svans that live in the Svaneti region of Georgia are indigenous people.

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Georgia’s billion dollar dam violates international standards

Press release | 9 September, 2020

Significant failures were found in the project’s compliance with the environmental and social policies of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).

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EIB keeps denying Southern Gas Corridor climate impact

Blog entry | 4 August, 2020

As it seeks to morph into the EU’s climate bank, the European Investment Bank (EIB) continues to downplay the climate footprint of many of the projects it finances, including that of Europe’s largest fossil fuels project, the Southern Gas Corridor.

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European Parliament asks European Investment Bank to double down on sustainability and transparency

Press release | 9 July, 2020

The European Parliament has called on the European Investment Bank (EIB), the world’s largest public lender, to facilitate Europe’s effort to tackle the climate crisis by fully aligning its investment policies and practices with the Paris climate accord.

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CEE Bankwatch Network submission to the EIB Climate Roadmap 2021-2025

Publication | 9 July, 2020

CEE Bankwatch Network submission to the EIB Climate Roadmap 2021-2025

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Urgent call to take steps to become the EU Climate Bank

Publication | 24 June, 2020

Joint civil society letter: Urgent call to take steps to become the EU Climate Bank – Status quo is not an option

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Cities for citizens

Blog entry | 15 June, 2020

To modernise and green our cities, we need good governance first.

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