EU bank failing on transparency and openness, warns civil society
11 March, 2021
Brussels – The European Investment Bank (EIB) is a laggard among its lending peers in terms of the amount of information it provides about its activities, finds a new analysis.The 53 civil society groups behind this analysis — including CEE Bankwatch Network, Counter Balance, Client Earth and many more — are urging the Bank to be more open about the impacts of its financing.
Read moreStep into the light: transparency review at EU bank can end culture of secrecy
11 March, 2021
The European Investment Bank, one of the largest lenders globally, is currently working on a new transparency policy that will govern how and what information the bank makes public. As the EU’s house bank, the EIB must guarantee the right of all citizens to access information held by public bodies.
Read moreMore of the same secrecy in Latvia and Romania as EU recovery funds planning gets underway
10 March, 2021
National Recovery and Resilience Plans have to be submitted to the European Commission by 30 April, 2021. Yet less than two months before the deadline, the latest updates from the Romanian and Latvian recovery plans raise alarm on public participation and on unambitious climate and energy targets.
Read moreUnrest in Armenia casts shadow on developments at controversial gold mine
9 March, 2021
As the unfolding political crisis engulfs the streets of Yerevan, recent developments at the Bern Convention and EBRD portent a rocky future for the Amulsar project.
Read moreActions speak louder than words: gender equality policies in development banks
8 March, 2021
Promoting gender rights and women’s empowerment has become a trend among multilateral development banks (MDBs). Organising discussions on best practices and promoting gender-related issues is welcome, but it is crucial that banks ensure meaningful protection and support to the women most affected by international public investments.
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