Comments on the EBRD safeguard policies
April 11, 2018
Relying on its experience in monitoring EBRD projects in recent years, Bankwatch re-assessed the EBRD Public Information Policy (PIP) and Environmental and Social Policy (ESP). EBRD Public Information Policy (PIP) 2014 General comments Specific comment
Tackling gender inequality at the EU’s flagship energy project
March 7, 2017
It is fitting that we use today to reflect on the European Investment Bank’s new Strategy on Gender Equality and Women’s Economic Empowerment: 8 March is International Women’s Day. Adopted at the beginning of this year, the strategy complements the ban
The EU’s bank turns its back on Europe’s long term climate goals
October 8, 2015
It appears that before approving the European Investment Bank’s new climate strategy, the bank’s Board of Directors has removed a reference to the European Union’s long-term decarbonisation objectives as a guidance for the EIB’s climate action.
CSOs key points for the forthcoming EIB climate policy
July 16, 2015
In this letter to EIB, civil society organisations point out that the EIB’s forthcoming climate policy cannot only be limited to repackaging previous climate commitments or solely focusing on technical incremental changes. In the framework of the new EU 2030 climate and energy targets and the forthcoming international climate conference in Paris, ambitious new policy commitments are indispensable to make the EIB credible.
Input to EIB climate policy consultation
March 16, 2015
The comments were jointly submitted by Bankwatch, Counter Balance, Focus, urgewald, Both Ends, Estonian Green Movement, Transport and Environment, CEPA Slovakia and Latvian Green Movement.
Can the European Investment Bank move ahead of the pack on climate?
October 21, 2014
The European Investment Bank is gearing up for an increased role in spurring growth in Europe as set out by the new Juncker Commission. Yet as Europe’s 2030 climate targets are being undermined by some countries the bank that wants to be a leader in climate action must keep in mind that we can no longer afford growth without sustainability.
European Banks are most opaque multilateral organisations, 2014 Aid Transparency Index
October 8, 2014
The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are ranked 16th and 17th respectively out of 17 multilateral organisations on the 2014 Aid Transparency Index (ATI) which is published today. The transparency index comes at a momentous time for the EIB as the institution is currently reviewing its transparency policy and NGOs fear that the ‘EU bank’ is preparing to further downgrade its transparency requirements.
Europe’s finance ministers urged to stop EU Bank’s ‘extraordinary’ slide towards secrecy
September 11, 2014
Campaigners across Europe are urging the European Commission and their Ministers of Finance to halt a dangerous slide towards secrecy of the giant European Investment Bank (EIB), of which the EU member states are owners.
Corporate interest on way to win over the EU bank’s transparency policy
September 10, 2014
In the draft version of its new transparency policy the European Investment Bank is making access to information on its tens of billion euros lending harder than ever.
Can the EIB lead the European economy out of crisis by championing EU climate policy?
August 8, 2014
The European Investment Bank, the biggest multilateral public bank in the world by lending volume and the self-styled ‘EU bank’, has recently announced that it will be reviewing its approach to climate change in the coming months. According to comments made by EIB vice-president Philippe de Fontaine Vive to civil society representatives, “The EIB wants to position itself between this October’s anticipated EU 2030 climate agreement and the Paris COP 21 meeting in December 2015”.
