How Europe’s bank spends cash for climate undermines Paris commitments
May 22, 2017
An uneven investment strategy across the EU’s 28 Member States and a lack of added value by one of its main financial tools means that the EIB puts the EU at risk of not meeting its climate targets under the Paris Agreement, according to a new briefing from Counter Balance and CEE Bankwatch Network.
EU watchdog investigating European Investment Bank for maladministration
March 6, 2017
The European Investment Bank (EIB) is being investigated for maladministration, after the European Ombudsman sent a formal letter opening the case this week (27 February 2017).
Ombudsman launches investigation against EIB
March 1, 2017
The EU’s watchdog is investigating the EIB for maladministration after three NGOs submitted a complaint this week. Source: Ombudsman launches investigation against EIB – EURACTIV.com
La ‘pax europea’: inversiones por estabilidad
December 10, 2016
En un barrio de la periferia de Túnez, un grupo de niños se arremolina junto a la cancha de fútbol aprovechando una festividad escolar. Mientras en el terreno de juego corre el balón, a unos metros otros menores juegan a las canicas o lanzan monedas tr
EU ministers approve ‘Juncker plan’ extension
December 6, 2016
EU finance ministers approved on Tuesday (6 December) the extension of the European fund for strategic investment (EFSI) until 2020, provided some changes are made in the way it works. Source: EU ministers approve ‘Juncker plan’ extension
Ekolodzy: możemy nie wykorzystać potencjału Planu Junckera
October 11, 2016
Polska w ramach planu Junckera powinna starać się o finansowanie projektów innowacyjnych i ekologicznych – przekonuje Polska Zielona Sieć i CEE Bankwatch. Dzisiaj resort rozwoju poinformował, że EBI zatwierdził już 9 polskich inwestycji o wartości 7,1
The EU house bank is holding back Europe’s shift to sustainable energy
June 14, 2016
On the occasion of the EU Sustainable Energy Week, a new Bankwatch analysis shows that the European Investment Bank (EIB) has been effectively hindering Europe’s energy transition.
The European Investment Bank and climate action 2013-2015
May 23, 2016
The European Investment Bank’s lending for climate action between 2013 and 2015 shows that further structural changes are needed to align the bank’s portfolio with the objectives of the Paris agreement.
Do not fund Southern Gas Corridor with EU money
March 1, 2016
The flashbulbs at Azerbaijan’s official photo opportunities should not blind Europe’s leaders to the country’s accelerated descent into authoritarianism, writes Xavier Sol.
NGO open letter to EIB president: don’t finance the Southern Gas Corridor
January 28, 2016
In this letter, a group of 27 non-governmental organisations urge the President of the European Investment Bank not to finance the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe. As the EIB considers granting the biggest loan of its history to the Consortium in charge of developing the western section of the project, the Trans-Adriatic Pipeline (TAP), the group of NGOs warns about its most controversial aspects.