Principles of effectiveness for the EIB Complaints Mechanism Office – briefing for the directors of the European Investment Bank
January 24, 2017
Putting human rights upfront – briefing for the directors of the European Investment Bank
January 24, 2017
Outsourcing accountability? The EIB’s failure to enforce environmental information disclosure in its intermediated loans
January 23, 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 2
Concerns regarding the EBRD’s Project Complaint Mechanism and recommendations for improvements – letter to EBRD directors
January 23, 2017
This letter to the European Bank for Reconstruction and Development’s Board of Directors summarises civil society organisations’ concerns regarding bank’s Project Complaints Mechanism, specifically the handling of several complaints, and makes specific recommendations for improvements, based on experience with these cases and with the accountability mechanisms of other institutions.
Regarding the Energa Hybrid Bond project
January 20, 2017
An inquiry from Polish and European NGOs to the EIB about its planned support of EUR 250 million for the modernisation and extension of Polish utility Energa’s electricity distribution network.
Investigation needed into Bratislava Bypass project – letter to EBRD compliance office
January 20, 2017
Support to fossil fuel projects from the European Fund for Strategic Investments (EFSI)
January 13, 2017
In September 2016 the European Commission published its proposal for the prolongation of the EFSI until 2020, to be achieved by amending the existing regulation. We welcome several improvements, but are concerned that they fall short of properly tackling the challenges and shortcomings identified, namely to provide additionality and catalyse the unambiguous move to reduce GHG reductions. On the basis of our in depth report Best Laid Plans, which analysed the 93 projects approved until July 2016 and further analysis of the EFSI entire portfolio till the end of 2016 under the Infrastructure and Innovation Window (IIW), we consider that the EFSI regulation needs considerable improvements in the energy area.
NGO letter to AIIB Board of Directors on TANAP loan
December 20, 2016
We are writing to express our serious concerns about the Azeri TANAP project in Turkey coming to the Asian Infrastructure Investment Bank’s Board of Directors on Wednesday (December 21) at an extraordinary meeting. While the AIIB TANAP project sheet in
NGO letter to AIIB concerning loan for Trans-Anatolian Pipeline (TANAP) in Turkey
December 20, 2016
Ahead of an expected loan decision by the Asian Infrastructure Investment Bank for the TANAP pipeline, non-governmental organisations raised concerns over financing a project of this size in a country under martial law where the human rights situation is deteriorating continuously.
The Bratislava bypass – a public-private partnership to get around traffic problems and debt statistics
December 19, 2016
In this report, Bankwatch and Counter Balance trace the murky story of the Bratislava bypass, a EUR 1.76 billion project supported by the Slovak government and promoted as the biggest project in central eastern Europe that was guaranteed through the European Fund for Strategic Investments (EFSI).