Archive | Policy Documents & Letters RSS feed for this section

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 […]

Read more

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 […]

Read more

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  […]

Read more

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.

Read more

Call to financial authorities to intervene on controversial project bonds

Today Counter Balance and Re: Common sent a letter to financial authorities in London and Rome urging them to intervene on the issuance of project bonds linked to Passante di Mestre – a motorway under corruption investigation in Italy. The letter signals to the financial authorities the risks linked to the issuance of a project […]

Read more

NGOs call the EIB Board of Directors for action

On 1 February, the European Investment Bank (EIB) will host in Luxembourg the annual seminar between the bank’s directors and civil society. The Counter Balance coalition, jointly with its NGO partners, will present to the EIB Directors three policy briefings highlighting the most urgent issues the EIB should tackle in 2016. In particular, we call […]

Read more