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Comments on the EIB’s transport lending policy (updated)

Policy comments | 30 June, 2010 | Download PDF

The EIBs transport policy is particularly important considering the importance of transport investments in the EIB’s portfolio, as well as the transport sectors rising CO2 emissions in the EU. Bankwatch’s comments argue for a clear policy orientation towards greenhouse gas reduction in the bank’s transport lending and contrasts the EIB’s current EIB lending figures with its own claims of emphasising climate considerations.


Funding instruments for energy efficiency and renewable resources – Basis for round table discussion

Policy comments | 25 June, 2010 | Download PDF

Bankwatch coordinators in Bulgaria, the Czech Republic, Latvia and Poland have interviewed energy and financial experts from national ministries and other institutions. This paper is a summary of their findings.


Letter to EBRD president Thomas Mirow following up on issues raised during the bank’s annual meeting

Advocacy letter | 21 June, 2010 | Download PDF

President Thomas Mirow responded to our letter on July 12, 2010. His response can be downloaded as pdf.


‘Reforming the budget, changing Europe’ – What next? – Open letter to President Barroso

Advocacy letter | 18 June, 2010 | Download PDF

The open letter, signed by members of the Coalition for Sustainable EU Funds, calls on the President of the European Commission Manuel Barroso to ensure a clear, transparent and participatory EU budget reform process that builds on the outcomes of the 2007-2008 consultation “Reforming the budget, changing Europe”, which delivered an unequivocal request for change.


Counter Balance statement on the Commission proposal for a Decision of the European Parliament and the Council granting a EU guarantee to the EIB against losses under loans and guarantees for projects outside the EU

Policy comments | 9 June, 2010 | Download PDF

Given an array of evidence (described in this letter) that the EIB is not yet suited for a development role, and taking into account the increased onus within the Decision on development, Counter Balance strongly opposes the recommendations of the Decision that the EIB receives the €2bn optional mandate for a new climate mandate, increase its overall investments, extends the range of financial instruments offered, and undertake concessional lending by mixing EIB money with EU grants.