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

Updates on the European Investment Bank

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Zagreb Mayor arrested – and not before time

Blog entry | 20 October, 2014

Something quite amazing happened yesterday evening in Zagreb. The Croatian police and the State Prosecutor announced that several people had been arrested on suspicion of a number of criminal corruption offences, abuse of office and peddling influence. Among the arrested were Zagreb Mayor Milan Bandic, Head of Zagreb Holding municipal company Slobodan Ljubicic, the head of the ZET public transport company Ivan Tolic, head and part-owner of the CIOS metal recycling company Petar Pripuza and around 15 more un-named people.

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Poor quality of draft ESIA report for Part C and D of the 750 kV Rivne – Kyiv High Voltage Line Project

Publication | 17 October, 2014

Letter to the European Bank for Reconstruction and Development, 17 October 2014 – Download as pdf Letter to the European Investment Bank, 31 October 2014 – Download as pdf

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Green 10 letter to European Commission president-elect Juncker regarding the appointments of new Commissioners

Publication | 16 October, 2014

This Green 10 letter highlights some controversial aspects of Commission President-elect Juncker’s new cabinet appointments, including the inclusion of sustainability within the competency of Commissioner Timmermans.

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Big EU energy projects cannot be chosen behind closed doors, say NGOs

Press release | 29 September, 2014

Brussels — As a new process of identifying big EU energy Projects of Common Interest (PCIs) kicks off in Brussels today, environmental NGOs warn that the EU must only prioritise energy projects which are not destructive of the environment and climate, and that the choice of these projects must be done through a transparent process.

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On Evgeny Vitishko, multilateral development banks and the criminalisation of public criticism

Blog entry | 26 September, 2014

The recent rejection to release Evgeny Vitishko’s, an imprisoned environmental activist in Russia, illustrates the backlash against fundamental rights and freedoms in some countries. Multilateral development banks need to take notice of this trend and be more wary of the risk that their lending may strengthen authoritarian regimes.

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Complaint to the EIB regarding the S-7 expressway in Poland

Publication | 15 September, 2014

The complaint details the problems with the S-7 expressway project in Poland. It was prepared by the Polish association “Pracownia na Rzecz Wszystkich Istot – Workshop for All Beings”.

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Europe’s finance ministers urged to stop EU Bank’s ‘extraordinary’ slide towards secrecy

Press release | 11 September, 2014

Campaigners across Europe are urging the European Commission and their Ministers of Finance to halt a dangerous slide towards secrecy of the giant European Investment Bank (EIB), of which the EU member states are owners.

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Corporate interest on way to win over the EU bank’s transparency policy

Blog entry | 10 September, 2014

In the draft version of its new transparency policy the European Investment Bank is making access to information on its tens of billion euros lending harder than ever.

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Can the EIB lead the European economy out of crisis by championing EU climate policy?

Publication | 8 August, 2014

The European Investment Bank, the biggest multilateral public bank in the world by lending volume and the self-styled ‘EU bank’, has recently announced that it will be reviewing its approach to climate change in the coming months. According to comments made by EIB vice-president Philippe de Fontaine Vive to civil society representatives, “The EIB wants to position itself between this October’s anticipated EU 2030 climate agreement and the Paris COP 21 meeting in December 2015”.

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Opportunities and expectations towards the EIB climate policy review

Publication | 24 July, 2014

After effectively phasing out lending to lignite and coal-fired power plants in its energy policy in 2013, the EIB is now reviewing its climate policy. This joint NGO letter expresses the expectations towards the EIB to align its lending further with climate science and the EU Roadmap 2050 by proposing a genuine strategy for the bank to phase out funding for projects that are detrimental to the climate and to mainstream climate considerations into each and every sector of operations the Bank is engaged in.

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