‘EU climate bank’ keeps back door open for fossil fuel giants
May 2, 2023
The European Investment Bank (EIB) made history with its decision to stop financing fossil fuel energy from 2022 onwards. By adopting the PATH Framework in October 2021, it seemed the EIB had finally set the conditions requiring its clients to disclose information on their corporate-level emissions, as well as decarbonisation plans. But a year later, it made a U-turn.
Quick guides to EIB’s standards
November 16, 2022
Click here to download all guides. These factsheets present the major requirements that the EIB’s standards have for project promoters (the EIB’s counterpart in an operation/project). These guides also include the documents which the promoter needs to
Alacsonyan szálló repülők – Valós intézkedéseket várnak a Ferihegyi repülőtér vezetőségétől a helyi lakosok
October 24, 2022
A ferihegyi Liszt Ferenc Nemzetközi Repülőtér forgalma – a pandémiás időszak jelentős visszaesésétől eltekintve – teljes, 1950 óta tartó …
EIB Global: new branding, old problems
July 20, 2022
With the launch of its new development branch EIB Global, the European Investment Bank (EIB) has shown its appetite for becoming a significant player in the field of development finance. However, without a major change in the Bank’s management and the shareholders’ approach to the impacts of its operations, EIB Global will remain a public relations exercise and a lost cause.
Civil society organizations call on European Investment Bank to address shortcomings and change policies, including on human rights
June 21, 2022
In view of the 2022 launch of the European Investment Bank’s new ‘EIB Global’ branch, 23 civil society organizations (CSOs) have endorsed a …
Watershed moment for EIB’s climate ambitions as EU rushes to quit Russian fossil fuels
June 16, 2022
More than ever before, the European Investment Bank (EIB) has to step up its climate finance game.
FLATTERING TO DECEIVE: A reality check for the ‘EU Climate Bank’
June 15, 2022
This report seeks to inform important processes taking place at the EIB in 2022 and 2023, specifically the mid-term reviews of its Energy Policy and its Climate Roadmap.
EU bank hands out billions to companies complicit in burning fossil fuels
June 14, 2022
The European Investment Bank (EIB) has pumped billions of euros into polluting fossil fuel companies over the past two years despite talking up its climate credentials, new research by Counter Balance and CEE Bankwatch Network reveals.
Shaping the future of EIB Global
June 3, 2022
In 2022, the EIB created a new development branch called EIB Global. The creation of this new branch raises many issues and questions that are explored in this paper.
How can the EIB and the EU financial mechanisms support the decarbonisation of district heating?: Exemplary cases in central and eastern Europe
April 27, 2022
The heating and cooling sector accounts for half of the EU’s energy consumption, and both district heating and individual heating are still dominated by fossil fuels and inefficiently burned biomass. According to Eurostat data, only 22 per cent of heating and cooling is generated from renewable energy. Decarbonisation of this sector, through increasing its efficiency and use of renewable energy sources, is key to the success of the EU’s climate neutrality strategy.
