Updates on the European Investment Bank

EIBs transparency performance: rules and day-to-day practice in access to information

This report analyses the EIB’s transparency performance in the policy making process and the implementaion of rules on access to information. While revealing that the EIB is able to deliver a participatory process in the formulation of the Public Disclosure Policy (PDP), at the same time the report sheds new light on the EIB’s incompliance with European Community rules on access to information as well as missing obligations towards the Aarhus Convention on access to information, public participation and access to justice in environmental matters.

Bankwatch Mail 33

In this issue: Too much carbon in EU funding – Commission rubber stamps 30 percent rise in Polish GHGs * EIB approves Bujagali Dam in Uganda despite major flaws * Environmental and social safeguards – time to get serious at the EIB * Poland facing trial in European Court of Justice over Via Baltica * Dos and donts – how the EIB can avoid development pitfalls * When is corruption not corruption? Ask the EIB * The memory hole

Updated: concerns regarding the project content of the proposed waste-to-energy incinerator in Zagreb, Croatia

The Belgrade bypass and Gazela bridge projects

Zagreb solid waste municipal incinerator: an unsuitable quick-fix for Zagreb’s waste problems

Open letter to donors contributing to the Public-Private Infrastructure Advisory Facility

Bankwatch Mail 32

In this issue: The need for diversification in the Russian economy: a role for the EBRD? * Sakhalin II problems persist despite ownership fight * EBRD tries to shrug off devastating Kashagan oilfield impacts * Aarhus Convention ignored by IFIs in Albania * Squeezing the poor: the EBRD’s role in privatisation in Montenegro * More EBRD money to fund more Mittal tragedy in Kazakhstan?

Follow-up letter to the EBRD after consultations on the Croation Country Strategy

Letter to the EIB requesting a postponed vote on the Bujagali Hydropower Project, Uganda

The letter contains the following enclosures: An Analysis of "Bujagali II Economic and Financial Evaluation Study Final Reports" by Pete Tsournos. Concerns About the Impacts of the Bujagali Dam Project On Endangered Fishes and Fisheries in the Victoria Nile by Les Kaufman. Lake Victoria and The Proposed Hydrological Curve Change by Daniel Kull. Board of Executive Directors, European Investment Bank Cc: Philippe Maystadt, President European Investment Bank Re: Outstanding Concerns on Bujagali Hydropower Project, Uganda request for postponing of the vote

The Chad-Cameroon Oil & Pipeline Project: a project non-completion report

With the production of its Project Implementation Completion Report (ICR) in December 2006, the World Bank signaled that its role in the Chad-Cameroon pipeline project had ended. However, numerous outstanding environmental, livelihood and compensation problems remain for those impacted by the project. This report argues that the World Bank must revisit the Extractive Industries Review’s recommendations and fundamentally rethink its approach to extractive industries and other high risk projects if these types of investment are to be more than a reckless gamble with the lives of the poor.