EU’s massive loan for Split: showdown between tourist paradise and residents’ needs
Blog entry | 29 November, 2023This summer was hot in the Croatian city of Split. Adding to the rising temperatures and usual tourist buzz was a heated political debate over a EUR 150 million framework loan approved by the European Investment Bank (EIB), the biggest loan to date for Split.
Read more
A call to defend the independence of accountability mechanisms
Publication | 9 October, 2023Bankwatch joins other community advocates around the world in sounding the alarm about growing threats to the independence of accountability mechanisms attached to international financial institutions and other development agencies.
Read more
Legal challenges hit Greece – North Macedonia gas pipeline plans
Press release | 19 September, 2023Non-governmental organisations CEE Bankwatch Network and Eko-svest have submitted three formal complaints alleging legal breaches in the planned Greece – North Macedonia fossil gas pipeline project.
Read more
Is this development? Public development banks must rethink their investments and put local communities first
Blog entry | 4 September, 2023On 4 to 6 September, the world’s public development banks will gather for the Finance in Common Summit in Cartagena, Colombia. They’ll be discussing key development issues – from climate change to infrastructure – issues that affect the lives of millions of people around the world. Bankwatch is on the ground to expose the adverse impacts of investments made by development banks and advocates for meaningful community participation in decision-making on development projects.
Read more
Civil society calls on public development banks to overhaul their approach to development
Press release | 4 September, 2023As a member of the Coalition for Human Rights in Development, Bankwatch has joined civil society organisations and human rights defenders from over 20 countries in calling for immediate and effective action from public development banks.
Read more
European Ombudsman urges European Investment Bank to enhance transparency – once again!
Press release | 26 July, 2023The European Investment Bank (EIB), the EU’s lending arm, is facing renewed pressure to improve its transparency (1). In a recent decision, the Ombudsman highlighted the EIB’s insufficient justification for withholding access to environmental information related to a significant loan granted to Poland’s largest state-owned energy utility, PGE (2).
Read more
Hydrogen in the EIB’s reviewed energy lending policy
Publication | 28 June, 2023As the EIB reviews its Energy Lending Policy, Bankwatch and 33 other civil society groups, sent a joint letter o EIB Vice Presidents, to voice our concern about the over-emphasis on hydrogen which risks, among others, diverting renewable energy capacity – existing and planned – from the electricity grid and into the production of hydrogen for sectors that might not be playing a significant role in the energy transition.
Read more
Briefing for the EIB Board on the Budapest Airport expansion project
Publication | 2 May, 2023This briefing shows how this EIB-financed project continues to violate the fundamental rights of residents, which are enshrined by the Charter of Fundamental Rights of the European Union.
Read more
Civil society seminar: Recommendations for EIB Global
Publication | 2 May, 2023This briefing summarises recommendations formulated by civil society to guide the future operations of EIB Global.
Read more
Joint civil society letter: Creating a truly Paris-aligned EIB
Publication | 2 May, 2023The Fossil Free EIB coalition wrote a joint letter to the European Investment Bank (EIB) to express its views on the upcoming review of the EIB Climate Bank Roadmap.
Read more
