Bank of scandals: toxic culture of favouritism exposed at the European Investment Bank
December 11, 2024
“Compared to other financial institutions, the EIB is run with a high level of internal secrecy,” said Anna Roggenbuck, who has been following the EIB for over 15 years for Bankwatch, a civil society organisation that monitors publicly financed projects.
The European Investment Bank has a chronic ‘revolving doors’ problem
December 5, 2024
Instead of the EIB shrugging its shoulders at yet another revolving door case, it must understand these new revelations as a wake-up call to drive the necessary changes that will enable it, as a key EU institution, to retain public legitimacy.
Holding the EIB and EBRD accountable: Are their grievance mechanisms effective?
November 20, 2024
In this report, we examine the alignment of the EIB and EBRD grievance mechanisms with the effectiveness criteria for the design and assessment of non-judicial complaints mechanisms set out in the UN Guiding Principles on Business and Human Rights.
Briefing for the Board of Directors and Management Committee of the European Investment Bank
October 16, 2024
Compared to other multilateral development banks like the World Bank and the Asian Development Bank, the EIB lags significantly in the timely and proactive disclosure of project-related data.
Big fish, small Parliament pond
August 1, 2024
NGO Bankwatch’s Anna Roggenbuck says the affair “shows a clear conflict of interest at the top management of the EIB, to which the Bank did not react.”
Bosnia and Herzegovina: Environmental and social study for Prenj motorway tunnel needs to tackle the elephants in the room
July 2, 2024
The environmental and social impact assessment for the planned Prenj tunnel on the Corridor Vc motorway provides a wealth of details on some issues, but fundamental questions remain, particularly on the Bijela canyon Emerald site near Konjic and the Podgorani area near Mostar.
Supporting the just transition through dedicated technical assistance
June 28, 2024
The just transition implementation phase is underway. However, additional support is needed to drive implementation and help projects respond to their particular challenges. This briefing provides recommendations for supporting the just transition process with technical assistance, capacity building, project preparation and project funding.
Poor planning by the European Investment Bank puts at risk one of the largest wind energy projects in the Western Balkans
June 19, 2024
Following concerns from local people, the Aarhus Centre in Sarajevo and CEE Bankwatch Network have started legal actions on the lack of environmental impact assessment and appropriate assessment for the 132 MW Poklečani wind project in Bosnia and Herzegovina (BiH). Hasty decisions by the Federation of BiH authorities and European Investment Bank might end up delaying the project for years.
Open days on the Corridor Vc Prenj tunnel: a promising new public engagement tool?
June 14, 2024
Last week, JP Autoceste and the EBRD held three open days on the planned Prenj tunnel, part of the 330-kilometre Corridor Vc motorway in Bosnia and Herzegovina (BiH). Bankwatch went along to see what this new format offers and how it works in practice.
More than money: New report reveals shortcomings in human rights policies of leading public development banks
May 6, 2024
As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.
