Briefing for the Board of Directors and Management Committee of the European Investment Bank
Briefing | 16 October 2024
This briefing addresses serious concerns about the European Investment Bank’s (EIB) failure to provide adequate public access to environmental and social information, as highlighted by the European Ombudsman. Compared to other multilateral development banks like the World Bank and the Asian Development Bank, the EIB lags significantly in the timely and proactive disclosure of project-related data.
Addressed to the EIB Directors and Management Committee, calls for urgent improvements, including the advance publication of environmental appraisals and project reports, to enhance transparency and align with international best practices. The EIB’s current approach undermines public participation and hinders sustainable development goals.
Theme: transparency
Tags: Development banks | EIB | transparency
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