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.
EU Ombudsman reprimands EIB for lack of transparency on funding’s environmental impacts
April 25, 2022
In an encouraging move for democracy and the planet, the EU watchdog has taken a stance against the European Investment Bank (EIB) for refusing to disclose information about the environmental impacts of projects it finances.
Business with Russia: multilateral banks must rethink their approach to Russian exposure
April 1, 2022
The EBRD, EIB, and most other multilateral banks have taken decisive steps to cut financing for Russia and Belarus. Still, they might end up supporting the countries indirectly through banking groups present in the countries.
18 CSOs to EIB Board: Recommendations to improve civil society engagement
March 8, 2022
Eighteen civil society organisations, including the Cairo Institute for Human Rights Studies, have shared recommendations to improve CSO …
18 CSOs to EIB Board: Recommendations to improve civil society engagement
March 8, 2022
Eighteen civil society organisations, including the Cairo Institute for Human Rights Studies, have shared recommendations to improve CSO …
EIB kaže da nema potvrdu da projekti koje finansira u Srbiji krše propise
February 8, 2022
Evropska investiciona banka (EIB) saopštila je za Radio Slobodna Evropa (RSE) da u ovoj fazi nema potvrdu da projekti malih …
WWF Adria, environmentalists, complain about EIB financing harmful MHP in Serbia
February 7, 2022
The Rzav Environmental Association from western Serbia and the CEE Bankwatch Network, supported by the World Conservation Organisation WWF …
WWF Adria: Nova žalba na ulaganje EIB-a u izgradnju MHE u Srbiji
February 7, 2022
Podnositelji žalbe smatraju da se ovim projektima krše europski i nacionalni pravni okviri, kao i Konvencija Vijeća Europe o zaštiti …