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Letter to the EIB on the financing of MOSE project in Italy and corruption scandal

Re:Common and Counter Balance have written to the European Investment Bank (EIB) President and Directors to notify the bank of the latest developments regarding the trial for corruption that just ended in Italy in relation to the MOSE project. MOSE is a major infrastructure project in Italy which received financial support from the EIB for […]

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Human rights concerns over EIB loan to TANAP – an Open Letter

  In view of the upcoming EIB Board of Directors meeting on 19 September, Counter Balance along with a group of 25 NGOs has sent an open letter to the bank’s President Werner Hoyer and Directors, highlighting the serious human rights concerns over the Trans Anatolian Pipeline (TANAP) project. As the bank envisages a huge […]

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The NGOs’ point of view presented to the EIB Board of Directors

Human rights, climate, accountability. These are the main areas needing urgent improvement in the EU’s bank activities, flagged NGOs to the EIB Board of Directors last Monday 30th January, on the occasion of the traditional annual meeting with civil society. There, the Counter Balance coalition did not miss the chance to raise the most urgent […]

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NGOs call on World Bank not to finance the Trans Anatolian Pipeline

A group of 39 international NGOs sent a letter to the Directors of the World Bank (WB) today urging the Bank not to finance the Trans Anatolian Pipeline (TANAP). TANAP is the Eastern part of the Southern Gas Corridor, a 3500 kilometres-long chain of gas pipelines from Azerbaijan to Europe. The WB Directors will consider […]

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Reviewing the European Investment Bank’s carbon footprint methodology

It  is  encouraging  that  the  European Investment  Bank  (EIB),  which developed  its  methodology  for calculating greenhouse gas emissions, published in 2012, is now considering its further review. It is crucial for the Bank to periodically review  the  methodology,  to  be  in  line with the latest scientific developments regarding emissions calculations from different  sectors  in  order  […]

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CSOs concerns regarding the EU External Investment Plan and recommendations to ensure a pro-poor instrument

November 2016 The European Commission proposed on the 14th September 2016 to create the European External Investment Plan (EIP) in Africa and European Neighbourhood. This position paper summarises main concerns and challenges identified by a group of NGOs, in which Counter Balance is participating. Read the full briefing here.

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