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Letter to EBRD’s President Mirow regarding the bank’s fourth Capital Resource Review

Advocacy letter | 16 November, 2009 | Download PDF

The letter calls for President Mirow to ensure an inclusive debate about the banks role and priorities while the EBRD’s undertakes its Capital Resources Review 4 (CRR4). Bankwatch request that the bank consults external stakeholders about the review, and that background materials related to the process are publicly disclosed in a timely manner. President Mirow responded to our letter on January 14, 2010. Download his response in pdf here.

Tajikistani NGO letter to EIB regarding the energy sector development in Tajikistan

Advocacy letter | 16 November, 2009 | Download PDF

Letter to the World Bank regarding its new disclosure policy

Advocacy letter | 14 November, 2009 | Download PDF

The letter recognises the steps forward taken by the World Bank by accepting the principle that all Bank information should be available to the public unless it falls within the scope of the regime of exceptions. However, the undersigned are asking the bank to consider a revision of the regime of exemptions, to recommend explicit commitments to disclose specific drafts and ensure translation of key documents. The letter also reiterates support and expectations for a robust implementation and monitoring of the new disclosure norms.

Letter to EIB regarding a planned loan for ArcelorMittal in Brazil

Advocacy letter | 13 November, 2009 | Download PDF

A new loan of EUR 130 million is now due for Board approval on 15th December for ArcelorMittal’s activities in Brazil. Given the company’s poor environmental record and unsatisfactory implementation of improvement projects financed by the European Bank for Reconstruction and Development, Bankwatch urges the EIB not to approve this new project.

Submission for the EIB Transparency Policy consultation – second round

Policy comments | 13 November, 2009 | Download PDF

Taking advantage of the second opportunity within the policy revision process, Bankwatch, Counter Balance and the Global Transparency Inititative submitted new commments and recommendations for the EIB’s Transparency Policy.