World Bank Spins Renewable Energy Conference. Ignores Extractive Industries Review. Continues Oily Business As Usual.
June 3, 2004
Environmentalists and development advocates today decried the World Bank’s announcement of support for renewable energy as mere spin. Stating that the proposed increase is marginal at best and does nothing to address the Bank’s ongoing bias towards fossil fuels, the groups called on the Bank to adopt the recommendations of its own studies and phase out support for coal and oil while dramatically increasing its support for renewable energy.
Religious leaders urge World Bank president to support Extractive Industries Review
February 17, 2004
Over 100 Jewish and Christian leaders sent a letter to World Bank President James Wolfensohn today urging him to support full implementation of recommendations in the recently released report Striking a Better Balance: The Extractive Industries Review.
Letter to EIB on the Bank consideration of the World Bank Extractive Industries Review in its energy portfolio
October 31, 2003
Mr Philippe Maystadt President European Investment Bank 100, bd Konrad Adenauer L-2950 Luxembourg Re: World Bank Extractive Industries Review Dear Philippe Maystadt,
The World Bank Extractive Industries Review: Update and Interim Assessment
April 23, 2003
The Extractive Industries Review (EIR) is an independent consultative process initiated by the World Bank Group (Bank) to consider the Banks future role in the oil, gas and mining industries. Friends of the Earth has been closely monitoring the EIR process since its inception. In November 2002, FoE released a Midterm Assessment of the EIR that described the most critical issues that had arisen during the first year of the Review, and assessed the key challenges that lay ahead in the coming year.
The European Investment Bank: Accountable Only to the Market?
December 31, 1999
International financial institutions (IFIs) around the world have been asked in recent years to take on new policy issues, in an effort to improve their performance and transparency. Many have made a concerted effort to do so, although to mixed reviews. One important exception is the European Investment Bank (EIB), a secretive bank of the European Union (EU). When other IFIs are taking steps to address these policy issues, the EIB has shown the least amount of change.