Tag Archives: development

EU’s Africa plan must put aid goals front and centre

Originally published on Public Finance International. By: Xavier Sol 30 Nov 17 Development objectives need to come first in the EU’s new External Investment Plan and be backed by high levels of transparency, says Xavier Sol of Counter Balance European Union leaders this week met their African counterparts in Abidjan, Cote d’Ivoire, for the fifth […]

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New EU External Investment Plan risks sidelining development objectives

29.11.2017 Brussels/Abidjan As EU leaders meet their African counterparts in Abidjan for the 5th European Union/African Union summit, the European External Investment Plan (EIP) is in the spotlight. It is portrayed as the perfect recipe for the EU to combine development aid with  migration control and economic interests. But such a plan risks deviating from […]

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True or False: The European External Investment Plan

On 14 September 2016 the European Commission proposed an External Investment Plan (EIP) ‘to encourage investment in our partner countries in Africa and the EU Neighbourhood region, to strengthen its partnerships and contribute to achieve the Sustainable Development Goals, helping to address some root causes of migration’. The True or False factsheet answers important questions […]

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European Bank Threatens Step Backwards on Accountability

By Nezir Sinani, from Bank Information Center Europe. Originally published by Huffington Post US. Do you know which international financial institution (IFI) lends the most money? If you guessed the World Bank, you are wrong. You’ll find the answer in Luxembourg —- it’s the European Investment Bank (EIB). All of the existing IFIs have an […]

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EU bank accused of muzzling watchdog

19 September 2017 By Jean Comte, originally published on EU Observer.    

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REDD inequity writ large: €4.4 million for Althelia Climate Fund in “management fees”, while villagers in Kenya ask “How is the carbon benefiting me?”

9 March 2017 By Chris Lang, originally published on Redd Monitor. A new report by Re:Common and Counter Balance investigates the Althelia Climate Fund and its investment in a REDD project in Kenya. The report highlights the findings of a July 2016 visit to the Kasigau Corridor REDD+ project area in Kenya. Re:Common and Counter […]

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