Ukraine Reconstruction Campaigner
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Anna is Bankwatch’s Ukraine Reconstruction Campaigner, working on green reconstruction and environmental safeguards in Ukraine’s recovery. Her work focuses on alternative sources of energy for communities, energy resilience, and the alignment of Ukraine’s energy policy and public investment management system with EU standards. Originally from Kyiv, she holds an MSc in Environmental Sciences and Policy from Central European University and is based in Bratislava.
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EIB commits to review tax haven policy
February 14, 2014 | Read more
During the annual meeting between civil society and the EIB’s Board of Directors, the European Investment Bank committed to review its outdated tax haven policy this year. The commitment which followed a letter from several NGOs expressing such demand, is the most concrete outcome of the meeting which took place on 3rd February in the bank’s headquarters in Luxemburg.
Update: The EBRD clarified in its correspondence with Baby Milk Action that its loan will not be used to finance infant nutrition.
As activists pointed out at a consultation meeting in Tbilisi, Georgia’s hydropower sector has plenty of lessons to be learned by the European Bank for Reconstruction and Development.
EIB lending for the Czech Operational Programme Transport 2007-2013
February 12, 2014 | Read more
The Operational Programme Transport 2007-2013 is expected to provide EUR 5.8 billion for transport projects in the Czech Republic. Of this amount, up to EUR 1.3 billion should come from the EIB via the Structural and Cohesion Funds Transport Framework Facility for 2007-2013, with some 55 percent earmarked for investments in new motorway corridors and the rest for upgrades to existing rail corridors. An analysis of the OP project showed many cases of misuse of the public funding.
This briefing presents concern regarding the proposal to formalise one set of result measurement indicators for operations inside and outside of Europe. The EIB has worked now since 2012 on a framework for assessing and measuring development results for operations outside the EU called the Results Measurement Framework (REM). After its 2012 capital increase, the EIB began a revision of the Value-Added (VA) assessment of the bank’s operations within the EU and Pre-Accession countries. As a result, the Three Pillar Outcomes Assessment (3PA) was implemented in 2013.
