Updates on the European Investment Bank

EIB’s conclusion report on Bankwatch’s complaint regarding refused access to information on D1 motorway Slovakia

Bankwatch’s complaint concerned the inadequate appraisal of environmental risks connected with the Turany – Hubova section of the D1 motorway in Slovakia, the damage so far and further potential impacts on the Natura 2000 sites and habitats of Community importance. Our complaint is available in pdf here

Letter to EIB requesting information on SME lending through financial intermediaries

The EIB responded to our letter on January 27, 2010. Their response can be downloaded as pdf.

Green Alternative and Bankwatch comments on the Tbilisi railway bypass project

EIB response to Bankwatch’s petition and report ‘Change the lending, not the Climate’

The European Investment Bank has responded to Bankwatch’s report ‘Change the lending, not the Climate’ that was released in the lead-up to the ill-fated Copenhagen climate talks, and the bank has asked us for the sake of transparecy to publish their response, which we are doing here.

Letter to the EIB regarding impacts of a proposed D1 motorway section

The letter accompanied an expert study on the expected impacts of the proposed D1 motorway section Turany-Hubov on animal species, biotopes and Natura 2000 sites. The study (in Slovak language) is available at the website of Bankwatch member group Friends of the Earth-CEPA.

Letter to the European Commission regarding impacts of a proposed D1 motorway section

The letter accompanied an expert study on the expected impacts of the proposed D1 motorway section Turany-Hubov on animal species, biotopes and Natura 2000 sites. The study (in Slovak language) is available at the website of Bankwatch member group Friends of the Earth-CEPA.

Response letter to EBRD specifying environmental and legal shortcomings related to the Moscow – St.Petersburg highway

Change the lending, not the climate

Bankwatch’s new report on the EIB’s fossil-heavy energy lending between 2002 and 2008 comes one week before the crunch global climate talks in Copenhagen, in preparation for which the international financial institutions have been flexing their rhetorical muscles.

Change the lending, not the climate

As this rigorous analysis of the European Investment Bank’s energy portfolio from 2002 until the end of 2008 reveals, the EIB continues to heavily support fossil fuels while its lending for renewable energy maintains a promising, if only rather steady, share – in spite of the clear evidence of the climate change challenge, and despite the challenge the EU’s targets pose for its member states, especially the new member states in the east.

Letter to Energy Community of South East Europe regarding Porto Romano power plant