Outsourcing accountability? The EIB’s failure to enforce environmental information disclosure in its intermediated loans
Briefing | 23 January 2017
The European Investment Bank is known to have provided over EUR 22 million for the construction of at least 19 small and mini hydropower plants through financial intermediaries in Bosnia and Herzegovina, Croatia, Macedonia and Serbia between 2010 and 2014.2 However, the public has in most cases no idea which ones, thus creating a major hole in the bank’s accountability.
Theme: Social and economic impacts
Location: Bosnia and Herzegovina | Croatia | Macedonia | Serbia
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We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.