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.
Cities for citizens
June 15, 2020
To modernise and green our cities, we need good governance first
Europejski Bank Inwestycyjny „bankiem klimatycznym”? Zielona agenda z potężnymi pieniędzmi
May 29, 2020
W swoim planie działania na lata 2021–25, Europejski Bank Inwestycyjny – zdaniem propagatorów tzw. zielonej transformacji – powinien wyeliminować wsparcie na inwestycje niskoemisyjne we wszystkich sektorach i zmusić pośredników do przestrzegania klima
Croatian hydropower plant highlights loopholes in EIB environmental policies
April 2, 2020
The EIB-financed Ilovac hydropower plant was built on the river Kupa in north-west Croatia at around the same time as scientists established the existence of a new fish species there – Alburnus sava. Since the dam’s construction, the species has not been found at the site. Has Alburnus sava’s habitat been degraded for just 1.4 MW of installed power?
European Investment Bank Adopts New Energy Lending Policy
January 7, 2020
On 14 November 2019, the Board of Directors of the European Investment Bank (“EIB”), the world’s largest multilateral bank, adopted a new Energy Lending Policy (the “Policy”), which aims to end EIB investment in the majority of fossil fuel programs by
Climate action at the European Investment Bank: an overview
December 13, 2019
The EIB had already proclaimed itself the EU’s climate bank long before the vdLeyen EU Commission presented the idea of transforming a part of the Bank into Europe’s Climate Bank. It has been over a decade now since the EIB committed at least 25% of its finance to support the transition to a low-carbon and climate-resilient economy.
