EIB halts loan for Budapest Airport expansion over breach of EU environmental law
January 11, 2022
The European Investment Bank (EIB) has halted the payment of a EUR 200 million loan to expand the Budapest Airport in Hungary because the authorities haven’t analyzed how the investment could contribute to air pollution, noise pollution, and greenhouse gas emissions. According to CEE Bankwatch Network, the case represents a violation of EIB’s policy and EU environmental law.
Az Európai Beruházási Bank befagyasztja a Budapest Airport bővítésének hitelfolyósítását
January 10, 2022
Nem készült környezetvédelmi hatástanulmány és a környék lakóit sem kérdezték meg.
EU bank freezes funding for major Budapest Airport expansion over sweeping violations of environmental norms
January 10, 2022
The European Investment Bank (EIB) has suspended the disbursement of a EUR 200 million loan intended to facilitate a dramatic increase in passenger turnover at Hungary’s main international airport following an investigation by the Bank’s Complaints Mechanism that found that no analysis had been done to assess the air pollution, noise pollution and greenhouse gas emissions that the development would generate, in breach of the Bank’s own policy as well as EU environmental law.
Нетранспарентноста на Европската инвестициона банка и проектите на Балканот
December 13, 2021
Една неодамна објавена вест – дека Европската инвестициона банка (ЕИБ) ја усвоила новата политика на транспарентност – немаше да биде вест …
Mostransparenca e Bankës Evropiane të Investimeve dhe projekteve në Ballkan
December 11, 2021
Analizë speciale për Portalb.mk nga Malinka Ristevska Jordanova, Instituti për Politika Evropiane.
Never mind the protected areas!
November 23, 2021
Hidden behind a financial intermediary, the EIB has supported the destruction of the Mojanska River in Montenegro. Yet local inspectors claim nothing is wrong. Will the EIB now take corrective action?
Major setback on transparency at the EIB
November 18, 2021
Yesterday, the European Investment Bank (EIB) – the financial arm of the EU – approved a new Transparency Policy that will allow the bank to keep hiding information on projects it finances despite their potential impacts on people and the environment.
Will EU stop its investment bank hiding a third of its lending?
November 16, 2021
The European Investment Bank (EIB) is not even willing to commit to matching its peers – the European Bank for Reconstruction and …
The EIB cannot become a ‘climate leader’ while failing on transparency
November 10, 2021
The European Investment Bank (EIB) – the financial arm of the EU – is about to approve a new Transparency Policy that will allow the bank to keep hiding information on projects it considers to finance despite their potential impacts on people and the environment.
EuroNatur und Bankwatch fordern strengere Regeln bei Wasserkraftfinanzierung der Europäischen Investitionsbank
October 21, 2021
Die Europäische Investitionsbank (EIB) hat seit 2010 (1) eine Reihe zerstörerischer Wasserkraftprojekte finanziert, wie ein heute …