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

Updates on the European Investment Bank

Georgia’s highlanders against hydropower

Blog entry | 20 September, 2017

As the Georgian government moves ahead with its plans for increasing the country’s hydropower capacity, local communities are being sidelined in the process of compensation payments.

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Human rights concerns over EIB loan to TANAP

Publication | 12 September, 2017

The European Investment Bank (EIB) is currently considering financing the Trans-Anatolian Natural Gas Pipeline (TANAP), which will run through Turkey transporting natural gas extracted in Azerbaijan. A group of 24 NGOs are writing to express our concer

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Why the EIB should not finance TANAP

Publication | 12 September, 2017

This briefing outlines and summarises key issues of concern for civil society organisations in relation to a potential loan by the EIB for the Trans-Anatolian gas Pipeline (TANAP) which is part of the Southern Gas Corridor.

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A mountain panorama seen from behind a raggedy wooden fence.

Systematic shortcomings will deprive people affected by Georgian dam of compensation

Blog entry | 11 September, 2017

An assessment of livelihoods of people to be affected by the Nenskra hydropower plant in Georgia is rigged with mistakes that will lead to significant losses for locals.

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Failing local communities – the Land Assessment and Livelihoods Restoration Plan for the Nenskra dam

Publication | 11 September, 2017

The Land Assessment and Livelihoods Restoration Plan for people to be affected by the Nenskra hydropower plant in Georgia is rigged with mistakes that will lead to significant losses for locals.

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Azerbaijan’s Laundromat scandal raises concerns over the EU’s growing business ties with the authoritarian regime

Press release | 6 September, 2017

Revelations about the Azerbaijani Laundromat corruption scheme raise serious concerns over the EU’s intensifying relationship with the government in Baku and its readiness to turn a blind eye to the country’s human rights abuses and offer loans of millions of euros to a massive gas infrastructure project that would fill the pockets of the Azerbaijani corrupted elite.

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A wooden hanging bridge over a strong river stream. The word welcome is written in red letters on the bridge.

The true colours of Svaneti – A festival in the stunning Georgian mountains

Blog entry | 30 August, 2017

Despite the remote location, the culture festival We Are Svaneti brought together people from three continents and helped young Svans to become aware of their communities’ unique traditions.

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Four pairs of hands painting a 'NO TAP' sign.

EU urged to honour Paris Agreement, withdraw support for gas mega-pipeline

Press release | 3 July, 2017

In an open letter released today, climate scientists, indigenous leaders, environmental and social justice groups, actors and artists call on the European Union to immediately withdraw its support for a gas mega-pipeline that would ‘destroy Europe’s climate targets’.

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Flags of EU coutries in front of the EIB headquarter building.

How Europe’s bank spends cash for climate undermines Paris commitments

Press release | 22 May, 2017

An uneven investment strategy across the EU’s 28 Member States and a lack of added value by one of its main financial tools means that the EIB puts the EU at risk of not meeting its climate targets under the Paris Agreement, according to a new briefing from Counter Balance and CEE Bankwatch Network.

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The winners and losers of climate action at the European Investment Bank

Publication | 18 May, 2017

This analysis of the bank’s climate action is based on the climate action database disclosed by the EIB. The database includes projects which were signed in 2016 and classified in line with the methodology approved by the bank in its Climate Strategy.

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