Tag Archives: climate

EIB pioneer investment in climate fund turns into a crash dive, according to NGO report

Brussels, 28 Feb Showcased as the ultimate initiative to fight climate change, the European Investment Bank (EIB)’s participation in the Althelia Climate Fund is nothing like the social and environmental success it was described to be – say the NGO Re:Common and Counter Balance in a new report released today. Contributing up to €25m in […]

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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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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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Finance ministers’ proposal for Europe’s investment plan not in line with EU’s own climate goals

Today the ECOFIN Council agreed on its position on the future of the European Fund for Strategic Investments, EFSI, also referred to as the Juncker Plan or the Investment Plan for Europe. While it contains some good elements on climate action, the Council stills falls short of ensuring EFSI’s investments are in line with the […]

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Event: From African mega dams to German motorways, 13 December – Berlin

Global Investment in Infrastructure: Who Benefits? Who Pays? Who owns? Date: Tuesday, December 13, 2016 – 18:00 – 20:00 Event city:  Berlin Address: Heinrich-Böll-Stiftung – Bundesstiftung Berlin Schumannstr. 8 10117 Berlin Agenda 1. Presentations Nancy Alexander, Heinrich-Böll-Stiftung, Director Economic Governance Program, Washington DC Reflections on the global infrastructure agenda and role of G20 (origins and […]

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REPORT: The best laid plans: why the Investment Plan for Europe does not drive the sustainable energy transition

by Markus Trilling, EU funds campaign coordinator at CEE Bankwatch If it seems too good to be true, it probably isn’t – a thought that inevitably comes to mind seeing the European Commission and the European Investment Bank congratulating themselves for the great job they’ve done. One and a half years after the launch of […]

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