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

Updates on the European Investment Bank

NGOs call for investigation into EIB financing for the Mediterranean region

Press release | 23 March, 2011

Counter Balance and CEE Bankwatch Network are calling for an investigation into the European Investment Bank’s (EIB) financing in the Southern Mediterranean region in the past, before giving the bank a leading role in distributing European financial support for the region.

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EU public funds for “securing” dirty coal and nuclear energy Ukraine transmission lines background paper

Publication | 15 March, 2011

Over the past few years, a series of strategies, agreements and loans have brought the EU and Ukraine into closer cooperation on perpetuating nuclear and carbon-intensive energy infrastructure and generation, with international financial institutions (IFIs) brokering the deals.

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Khimki defender Evgenia Chirikova is a woman of courage, literally now

Blog entry | 11 March, 2011

Evgenia Chirikova, the leading figure of the Movement to Defend Khimki Forest has yesterday received the US Woman of Courage Award to honour her relentless efforts to save the Khimki Forest near Moscow from being transformed into a motorway.

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Keep European public banks out of Mediterranean region, say NGOs

Press release | 9 March, 2011

This week, EU leaders are meeting to agree on a common response to events in the Mediterranean. A coalition of Western and Eastern European NGOs issues a serious warning that the European Investment Bank and the European Bank for Reconstruction and Development are not the right institutions to financially support the transition in the Middle East and North Africa.

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Bankwatch contribution to the public consultation process regarding the external dimension of the EU energy policy

Publication | 7 March, 2011

The European Neighbourhood and Partnership Instrument (ENPI) strategy paper 2007-2013 for the eastern neighbourhood region involves contradictory strategic objectives. The first of these is sustainable development and environmental protection, which underpins all EU legislation and policies. However, the second priority, the need to ensure the diversification and security of energy supplies to the EU, emphasises the need for further extraction and transportation of the Caspian Seas oil and gas resources to Europe, and thus prioritises it over the development of an environmentally friendly energy sector within the region.

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Complaint regarding the EIB loan to Sostanj lignite power plant TES6

Publication | 28 February, 2011

The complaint, filed with the European Investment Bank by Focus Association for Sustainable Development (SI) calls on the bank to withdraw its approval for the project. The complaint addresses the following aspects: premature disbursement of funds failure to assess the project’s compatibility with the 2050 climate targets misleading claims that TEŠ 6 is only a replacement and not an expansion missing clear governmental support to the project

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Bankwatch position on the review of the European Neighbourhood Policy

Publication | 25 February, 2011

The European Neighbourhood Policy (ENP) gives countries outside the EU the perspective and opportunity to move beyond cooperation to a significant degree of integration. But when it comes to the eastern European neighbourhood partner countries, the assumption that political and social rights will flow and develop as an automatic consequence of economic liberalisation, is only that – an assumption.

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Putin’s visit to BXL: Russian NGOs call on Barroso to stop European financing of Russian motorways in light of HR abuses

Press release | 23 February, 2011

Ahead of tomorrow’s meeting between Russian PM Vladimir Putin and EU representatives, a coalition of major Russian NGOs is urging President Barroso to make sure that EU financing institutions halt their participation in toll motorway projects in Russia until there are serious improvements in the human rights and public participation situation associated with these projects.

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Civil society letter urging EC president Barroso to halt EU financing for Russian toll roads

Publication | 23 February, 2011

A coalition of major Russian NGOs is urging President Barrosso to make sure that EU financing institutions halt their participation in toll motorway projects in Russia until there are serious improvements in the human rights and public participation situation associated with these projects.

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Shadow report on discrimination in Serbia doesn’t cast the best light on EIB and EBRD

Blog entry | 18 February, 2011

Roma’s discrimination in Serbia is to be discussed by the UN. Serbian member group CEKOR is contributing with experience from the Gazela resettlement process.

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