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

Updates on the European Investment Bank

Bosnia and Herzegovina: Environmental and social study for Prenj motorway tunnel needs to tackle the elephants in the room

Blog entry | 2 July, 2024

The environmental and social impact assessment for the planned Prenj tunnel on the Corridor Vc motorway provides a wealth of details on some issues, but fundamental questions remain, particularly on the Bijela canyon Emerald site near Konjic and the Podgorani area near Mostar.

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Supporting the just transition through dedicated technical assistance

Publication | 28 June, 2024

The just transition implementation phase is underway. However, additional support is needed to drive implementation and help projects respond to their particular challenges. This briefing provides recommendations for supporting the just transition process with technical assistance, capacity building, project preparation and project funding.

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Poor planning by the European Investment Bank puts at risk one of the largest wind energy projects in the Western Balkans

Blog entry | 19 June, 2024

Following concerns from local people, the Aarhus Centre in Sarajevo and CEE Bankwatch Network have started legal actions on the lack of environmental impact assessment and appropriate assessment for the 132 MW Poklečani wind project in Bosnia and Herzegovina (BiH). Hasty decisions by the Federation of BiH authorities and European Investment Bank might end up delaying the project for years.

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More than money: New report reveals shortcomings in human rights policies of leading public development banks

Press release | 6 May, 2024

As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.

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More than money: Development banks must strengthen human rights safeguards

Publication | 6 May, 2024

Despite environmental and social safeguards in place, projects financed by public development banks all too often violate human rights.

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New report: EU must act to prevent needless environmental and social damage by Corridor Vc motorway in Bosnia and Herzegovina

Press release | 5 April, 2024

The European Commission and EU public banks must press for a revision of the Corridor Vc motorway route near Mostar in Bosnia and Herzegovina (BiH) if excessive environmental and social harm is to be avoided, finds a CEE Bankwatch Network report published today. (1)

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The Corridor Vc motorway in Bosnia and Herzegovina: A decisive test for EU standards

Publication | 5 April, 2024

Based on a March 2024 site visit, this report examines two planned sections of the motorway– from Mostar South to the Kvanj Tunnel and from Konjic to Mostar, through the iconic Prenj mountain. It presents updated findings and underlines that it is crucial for the European Commission, EIB and EBRD to ensure that the route south of Mostar and via Prenj is re-examined and publicly consulted if they want to avoid many more years of delay. 

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Mostar locals continue to resist Corridor Vc routing amid new tunnel loan talks

Press release | 19 March, 2024

On 11-13 March a Bankwatch team visited Mostar and the nearby villages of Kosor, Ortiješ and Malo Polje. The team met with more than 25 landowners from the three villages, visited vineyards in Ortiješ, nearby construction sites on the Corridor Vc, and the Podveležje ridge. They discussed with local people the developments in the valley, ongoing legal action and the results of complaints at the EBRD’s accountability mechanism.

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Soft landing: New high-level EIB ‘revolving door’ revelations suggest systemic issue persists

Blog entry | 1 March, 2024

Alarming new Politico report uncovers ‘revolving doors’ in the EIB’s highest echelons linked to the controversial expansion of the Budapest airport.

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Bosnia and Herzegovina: Corridor Vc motorway south of Mostar needs rerouting to meet EBRD and EU standards

Press release | 16 February, 2024

A European Bank for Reconstruction and Development (EBRD) compliance review has vindicated Mostar complainants affected by the Corridor Vc in Bosnia and Herzegovina. Now the Federation of BIH government, with support from the EU and European public banks, must ensure effective remedy.

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