EIB’s lack of public disclosure on the Svans challenged by Ombudsman
Blog entry | 16 September, 2020The 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, 2020Significant 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, 2020As 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, 2020The 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, 2020CEE 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, 2020Joint 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, 2020To modernise and green our cities, we need good governance first.
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The EBRD and EIB’s Sustainable Municipal Infrastructure Investments in the Western Balkans and Eastern Neighbourhood
Publication | 26 May, 2020From October to December 2019, Bankwatch conducted research on CSOs’ perceptions of the impact of EBRD and EIB investments in municipal infrastructure on local communities in the Western Balkans and Eastern Neighbourhood.
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Slovene prosecutors file charges over coal plant corruption
Blog entry | 25 May, 2020The long-running saga of Slovenia’s overpriced Šoštanj 6 coal power plant took a dramatic turn last week when Slovene prosecutors filed charges including money laundering against 12 people and two companies. Meanwhile, in 2018, the Šoštanj power plant as a whole generated a net loss of EUR 58.5 million. Why are nearby Serbia and Bosnia-Herzegovina – both countries that are planning new coal plants – not learning any lessons?
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The Road Less Travelled: How the European Investment Bank’s Climate Roadmap 2021-2025 can lead it to become the climate bank
Publication | 20 May, 2020This report summarises the EIB’s undertakings on the road towards becoming the EU’s Climate Bank. It presents our findings on the implementation of the EIB’s 2015 Climate Strategy and looks at the results of the Bank’s climate action in the EU and enlargement countries. It also puts forward recommendations to the Bank.
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