The Energy Sector Strategy 2024-2028 Must Mark the End of the EBRD’s Support to Fossil Fuels
October 23, 2023
As the European Bank for Reconstruction and Development (EBRD) is drafting its 2024-2028 Energy Sector Strategy, Bankwatch and 130 civil society groups from more than 40 countries released a joint statement urging the Bank to recommit to tackling the climate crisis.
Thousands demand European development bank stops financing fossil fuels
September 27, 2023
Over 6200 emails have been sent to the European Bank for Reconstruction Development (EBRD) calling for its next energy policy to end financing for fossil fuels and step up investments in the energy transition.
Joint civil society letter: Creating a truly Paris-aligned EIB
May 2, 2023
The Fossil Free EIB coalition wrote a joint letter to the European Investment Bank (EIB) to express its views on the upcoming review of the EIB Climate Bank Roadmap.
‘EU climate bank’ keeps back door open for fossil fuel giants
May 2, 2023
The European Investment Bank (EIB) made history with its decision to stop financing fossil fuel energy from 2022 onwards. By adopting the PATH Framework in October 2021, it seemed the EIB had finally set the conditions requiring its clients to disclose information on their corporate-level emissions, as well as decarbonisation plans. But a year later, it made a U-turn.
EU’s ‘climate bank’ under fire over proposed green framework
August 10, 2021
Source: EU’s ‘climate bank’ under fire over proposed green framework
EIB needs fundamental reforms to back its sustainable finance plans
January 20, 2021
Following today’s annual press conference of the European Investment Bank (EIB), in which the Bank’s President Werner Hoyer, presented its role in supporting the EU’s response to the Covid-19 pandemic and the ensuing economic downturn in “smart and green” way, Bankwatch’s campaigners commented on the EIB’s sustainability track record and key deficiencies in the Bank’s policies that have been missing in President Hoyer’s statements today.
The Guardian: Dojdzie do reform w EBI?
November 10, 2020
Raport organizacji pozarządowych wykazał, że Europejski Bank Inwestycyjny wykorzystuje gotówkę podatników do wspierania projektów naruszających prawa człowieka.
Letter to EIB Board on Climate Bank Roadmap
November 10, 2020
Policy briefing for the EIB Board of Directors.
NEW REPORT: Is the EIB too faulty to become the ‘EU Development Bank’?
November 9, 2020
With the EU actively debating the reshaping of its development role in the context of the current global health and economic challenges and the ‘Finance in Common’ summit kicking off today, the European Investment Bank (EIB) is looking to take center stage as the new ‘EU Development Bank’.
EBRD’s Green Economy Transition must not be a fig leaf for fossil fuels investments
June 16, 2020
Like many other financial institutions, the European Bank for Reconstruction and Development (EBRD) has responded to the call to join the global effort to tackle the climate crisis. And yet, over the past decade, while growing its support for renewable energy, the bank has continued to hand out public money to the fossil fuels industry.
