March 28, 2019
The European Bank for Reconstruction and Development (EBRD) will soon conclude the revision of three policies central to the environmental and social governance of its projects: the Access to Information Policy, Environmental and Social Policy, and Project Accountability Policy. Together, these three documents will form the core of the institution’s protocols ensuring communities’ right to information, right to development, and right to remedy.
March 26, 2019
BankTrack’s study finds that client confidentiality is not an absolute legal requirement in any of the world’s major banking centres. Banks can – and do – include the right to disclose information into their contracts. Will the EIB & EBRD acknowledge this in their policies on intermediated lending?
March 7, 2019
Long overdue, and short on content, a compact version of the investigation report on the role of EIB money in the Dieselgate scandal affirms Bankwatch’s revelations that helped trigger this important inquiry. But in its aftermath, there is little to suggest that the EU’s bank has done anything to ensure that the public money it manages will not be misused.
February 15, 2019
An independent investigation by a Bulgarian TV channel bTV discovered progressing construction works in the Kresna gorge area even though the official procurement procedure is still ongoing.
September 30, 2018
Counter Balance, Bankwatch and partners have identified a persistent lack of transparency and assessment of the economic, environmental and social impact of the EIB’s intermediated operations, which may undermine development impacts. So far they have n
August 22, 2018
We call on the EBRD to outline in the Uzbekistan Country Strategy a new strategic approach or a comprehensive plan for supporting Uzbekistan’s ambitious reform path in the areas of Good governance and protection of rights and freedoms of citizens. The
August 1, 2018
Public participation is a prerequisite to functioning democracy. Environmental justice is crucial to sustainable development. But in Albania, a small, southeastern European country only recently emerging from decades-long, self-imposed isolation, democracy is still struggling to be born, and suffers from often being confused with unchecked capitalism.
July 9, 2018
The European Ombudsman has sided with the civil society demanding the European Commission to improve its oversight of the EU Export Credit Agencies (ECAs). The decision upholds an earlier ruling that required the Commission to ensure better compliance of these financial institutions with the EU law.
June 28, 2018
To truly invest in changing lives and preventing human rights violations, the EBRD must ensure that its independent accountability office can conduct rigorous investigations into allegations of abuse in financed projects – and hold itself accountable.
May 24, 2018
Brussels — The European Ombudsman has asked the European Investment Bank (EIB) to increase transparency in its lending activities.