Nenskra hydropower project: update
Publication | 29 January, 2021Since it was first proposed, the Nenskra hydropower project in Georgia has raised significant controversy and concerns among the indigenous Svan communities living near the proposed plant, as well as the general public in Georgia. The accountability mechanisms of the EIB, EBRD and ADB have found numerous violations of the lenders’ environmental and human rights standards, as well as violations of the rights of affected Svan communities.
Read moreRaising the bar on human rights at the European Investment Bank
Publication | 29 January, 2021A joint letter from Bankwatch and 15 other NGOs, on the occasion of the EIB’s annual dialogue with Civil Society Organisations, asking the Bank takes steps to integrate and prioritize human rights considerations through its operations.
Read moreMaking the “EU Climate Bank” a reality
Publication | 28 January, 2021A joint letter from Bankwatch and 46 other civil society groups, calling on the EIB leadership to close the gaps in the Bank’s ‘Climate Bank Roadmap 2021-2025’ and fully align its operations with the Paris Agreement.
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Connecting or Dividing? The South Mostar section of Corridor Vc in Bosnia and Herzegovina
Publication | 26 January, 2021In the early 2000s, the Corridor Vc route south of Mostar was planned to run through the Neretva valley, but due to strong local opposition, in 2011 this was changed to a route on the nearby plateau. In 2015 and 2016, yet another decision was made to r
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EIB needs fundamental reforms to back its sustainable finance plans
Press release | 20 January, 2021Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.
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The EIB’s empty promises on human rights
Publication | 12 November, 2020This briefing is extracted from a broader report carried out by NGOs CEE Bankwatch Network and Counter Balance regarding the European Investment Bank’s (EIB) track record in the development field. Over the last decades, in solidarity with numerous citi
Read moreLetter to EIB Board on Climate Bank Roadmap
Publication | 10 November, 2020Policy briefing for the EIB Board of Directors.
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NEW REPORT: Is the EIB too faulty to become the ‘EU Development Bank’?
Press release | 9 November, 2020With 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, 2020This 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, 2020The 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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