EIB needs better grip on cash it hands out, groups say
January 31, 2022
Middlemen need closer scrutiny, as does human rights due diligence, critics say
EIB boss pushes for more investments outside EU
January 28, 2022
The president of the European Investment Bank Werner Hoyer. Photo by: Dati Bendo / European Union European Investment Bank President …
23 NGOs slam EIB human-rights record, amid review
January 27, 2022
A group of 23 NGOs wrote to the European Investment Bank (EIB) directors on Wednesday (26 January), urging them to improve its human rights …
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.
EBRD Annual Meeting 2020
October 12, 2020
EBRD Annual Meeting 2020 Empowering communities to be heard. Protecting whistleblowers and pushing back against the threat of violence, intimidation and attacks on free speech and assembly. Preserving the environment. Subscribe for updates
EBRD tightens standards in response to Balkan hydropower boom
May 16, 2019
As a result of public resistance to small-scale hydropower projects in the Balkans, from the beginning of 2020, the EBRD will ask commercial banks to refer all high-risk projects – including all hydropower plants – for additional checks. The EBRD also requires them to meet higher environmental standards than previously. The bank will ask that such projects are disclosed to the public on the financial intermediary’s website, finally increasing disclosure on these hitherto hidden projects.
Changing lives and doing no harm
February 8, 2019
“We invest in changing lives” is the slogan of the European Bank for Reconstruction and Development, whose investments in 2018 reached EUR 9.5 billion through 395 projects. Whether the change is for better depends on the bank’s environmental and human rights safeguards.
EBRD Annual Meeting 2019 – Sarajevo, Bosnia and Herzegovina
April 30, 2018
EBRD Annual Meeting 2019 Empowering communities to be heard. Protecting whistleblowers and pushing back against the threat of violence, intimidation and attacks on free speech and assembly. Preserving the environment. Subscribe for updates
Concerns regarding the EBRD’s Project Complaint Mechanism and recommendations for improvements – letter to EBRD directors
January 23, 2017
This letter to the European Bank for Reconstruction and Development’s Board of Directors summarises civil society organisations’ concerns regarding bank’s Project Complaints Mechanism, specifically the handling of several complaints, and makes specific recommendations for improvements, based on experience with these cases and with the accountability mechanisms of other institutions.
Here be dragons: How the EU bank’s development finance overlooks people at risk
November 18, 2016
The European Investment Bank’s failure in safeguarding the most vulnerable groups in its projects shows it is ill-equipped to help refugees and host communities in the European Union’s neighbourhood. A new report explains the bank’s weaknesses in identifying and responding to human rights risks.
