The European Investment Bank must not ditch its commitment to the climate

We call on the bank to face the future and become a more sustainable, transparent and accountable institution.

Read more
EP Brussels

Parliamentary hearing: The role of the EIB in the aftermath of the COVID-crisis

On May 26, 2020 the European Parliament Committees on Budget and on Economy organised a hearing on the role of the European Investment Bank (EIB) in the response to the COVID-19 crisis. Counter Balance was invited to join the hearing. Our Director, Xavier Sol, took the floor to explain what we believe is the future […]

Read more

The Road Less Travelled: How the European Investment Bank’s Climate Roadmap 2021-2025 can lead it to become the climate bank

This report by CEE Bankwatch summarises the EIB’s undertakings on the road towards becoming the EU’s Climate Bank. It presents our findings on the implementation of the EIB’s 2015 Climate Strategy and looks at the results of the Bank’s climate action in the EU and enlargement countries. It also puts forward recommendations to the Bank. […]

Read more

The Juncker Plan and the promotion of Public Private Partnerships: lessons learnt for future economic recovery measures?

In the context of the Covid-19 crisis, this question holds a significant importance, as there are vivid discussions taking place around the public provision of essential public services and risks linked to privatisations. And looking back into how EU public finance has performed in the recent past is an important exercise for mistakes not to be repeated in future economic recovery plans at European level […]

Read more

EU Watchdog Radio – Episode 5: Can we trust financial institutions to manage climate change?

In the fifth episode, we talk about the role of big financial institutions or companies in the economic recovery and Green Deal.

Read more

NGOs call on EIB President to put climate at the heart of recovery package

Today, together with 10 NGOs, we sent an open letter to Werner Hoyer, the President of the European Investment Bank (EIB), calling for its new role in the European economic recovery to be consistent with its climate commitments […]

Read more

Counter Balance submits its contribution to the EIB Climate Bank Roadmap

As part of the consultation opened by the EIB, we submitted our recommendations for the bank to truly become the “EU Climate Bank”. Find our submission and summary of our key demands here.

Read more

Policy Brief: EIB’s role in the EU Covid-19 crisis response

As the Covid-19 pandemic continues to unfold, European governments have been developing public stimulus packages to help relaunch the economy and avoid a historic recession. As the ‘EU Bank’, the European Investment Bank (EIB) will play a flagship role under the EU recovery package in response to the health crisis and its economic consequences…

Read more

EU Watchdog Radio – Episode 4: Good ways out of the corona crisis?

In the fourth episode, we talk with five experts from civil society organisations about the Covid-19 crisis.

Read more

British managers of EIB-funded Kenyan firm accused of fraud, bribery and “highly questionable business practices”

The European Investment Bank was warned by whistle blowers in 2015 of the alleged corruption and mismanagement by Spencon’s ECP Africa-appointed managers.

Read more

Counter Balance Activity Report 2019

Curious to what we’ve been up to in 2019? Whether it’s pushing the European Investment Bank into becoming a fossil free EIB by no longer investing in unabated fossil fuels or by publishing reports on the Juncker Plan or corruption. From climate and human rights to transparency, read about our most recent achievements below in […]

Read more

Public health, the European Investment Bank’s amnesia

Translated from an original blogpost in Italian by Re:Common, available at https://www.recommon.org/sanita-pubblica-le-amnesie-della-bei/  Behind the scenes of the virtual European summit held on the 26th of March to find common measures regarding the COVID-19 epidemic, the President of the European Investment Bank (EIB), Werner Hoyer, sent a letter to all European Finance Ministers with his own […]

Read more

EU Watchdog Radio – Episode 3: logistics of globalisation – is this the world we want?

March 20, 2020 In the third episode of EU Watchdog Radio Nicholas Hildyard, UK based researcher and activist of the NGO, The Corner House, gives some fascinating insights in the world of logistics. A world that we all benefit from, but know very little about.  Hildyard, who just published a new report with Counter Balance, […]

Read more