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European Fund for Strategic Investments: focus on low carbon, clean energy and resource efficiency investments

Briefing | 16 February, 2015 | Download PDF

The European Commission President Juncker’s ‘Investment plan for growth and jobs’ is aiming at mobilising EUR 315 billion of additional investments by 2018. A proposed regulation setting up the framework of the EFSI is currently negotiated in the European Parliament and the Council and its adoption is envisaged for June 2015. This briefing, prepared by Bankwatch, Counter Balance, Friends of the Earth Europe and WWF Europe stresses that this regulation should give clarity on how the fund will contribute to the achievement of EU long-term objectives, its added-value for the EU and the expected benefits for European citizens: all projects benefiting from the fund should explicitly accelerate the transition of Europe’s economies, infrastructure investments should aim at the decarbonisation, decentralization and decrease of energy and transport systems, R&D focusing on the absolute decoupling of resource use and production.


European Semester 3.0 – Strong policy coherence needed to rebuild trust and a sustainable development perspective

Briefing | 10 February, 2015 | Download PDF

The European Semester should be further developed to become an effective governance and enforcement mechanism that can ensure coherence between national fiscal policies and overarching sustainable development objectives. To this extent national Environmental Fiscal Reforms (EFR) should be accelerated via the European Semester and Member States national public spending and investment plans should be checked against their delivery on sustainable development.


Civil society aiming to clamp down on EIB tax haven evasiveness

Bankwatch Mail | 2 February, 2015 | Download PDF

Pressure is mounting on the European Investment Bank to take swift action that addresses weaknesses in its policy on lending to businesses based in tax havens.


Key civil society messages on the EIB climate policy

Briefing | 2 February, 2015 | Download PDF

This briefing was presented to the directors of the European Investment Bank during a meeting with civil society organisations.


Eight things to give the EIB’s forthcoming climate policy meaning, purpose and ambition

Bankwatch Mail | 2 February, 2015 | Download PDF

The European Investment Bank, as the EU’s lending arm, needs a lending policy on climate protection which properly reflects the EU’s climate policies and legislation.