EU bank’s new environmental and social policy not fit for lofty development ambitions
February 2, 2022
The European Investment Bank (EIB) – the financial arm of the EU – has approved a set of new environmental and social standards that, despite some last-minute changes, leave the door open to human rights abuses and biodiversity destruction, warn civil society groups.
Does the EBRD still finance freedom?
January 30, 2022
The investment climate was hardly auspicious when the head of the European Bank for Reconstruction and Development visited Ankara, the …
How ADB’s pandemic aid to Uzbekistan was misused, whistleblower silenced
January 19, 2022
The Uzbek blogger who first raised these concerns was smeared, beaten, and now faces trial.
Joint civil society statement: Making human rights a true priority of the EIB
October 14, 2021
This joint civil society statement prepared by 12 civil society organisations outlines our recommendations for integrating human rights into the EIB’s Environmental and Social Sustainability Framework, by proposing specific improvements to the Policy a
Kenya energy project exposes the dark side of EU development funds
October 14, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled …
Kenya energy project exposes the dark side of EU development funds
October 13, 2021
A third of the European Investment Bank (EIB) portfolio in 2020 went through financial intermediaries, a channel that has already enabled multiple projects with devastating consequences for nature and communities with virtually zero accountability. The ongoing review of the EIB’s environmental and social standards is a crucial opportunity to ensure transparency and proper scrutiny of all projects supported with European public money.
Making human rights a true priority of the EIB: Joint CSOs statement
September 14, 2021
Bankwatch, together with civil society organisations worldwide, is closely following the ongoing review of the EIB’s Environmental and Social Sustainability Framework (ESSF). The draft Environmental and Social Policy and related standards proposed by t
Letter: Loans to unsavoury states jar with EBRD’s mandate
July 21, 2021
You write that “many fund managers insist that deciding what to do about bonds issued by unsavoury regimes is not straightforward. Their …
At 30, the European Bank for Reconstruction and Development must do better on human rights
July 1, 2021
The bank has a mandate to promote democracy – so why is it investing in autocratic regimes?
No time to celebrate: a breakthrough for human rights is needed after 30 years of the EBRD
June 21, 2021
The European Bank for Reconstruction and Development (EBRD) stands out among multilateral development banks with the commitment of its shareholding countries to the fundamental principles of democracy and respect for human rights. As the EBRD celebrate
