Tag Archives: elm

Ensuring a development focus in the European Investment Bank (EIB) and EU blending mechanisms

New methods of funding EU development policies were debated last Thursday at a joint Counter Balance, Eurodad and Alop event at the European Parliament. Officials from the EU institutions, CSOs and specialists in the field of finance came together to discuss emerging tools for development finance and assess whether they are fit for purpose to […]

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Roundtable: the EU development agenda

Counter Balance, Eurodad, ALOP and MEP Ivailo Kalfin would like to invite you to the roundtable The EU development agenda: The external lending mandate of the European Investment Bank and the rise of blending mechanisms   Thursday 7 November 2013, 12:00-15:00 Room ASP 5G 305 European Parliament, Brussels As negotiations on the next external lending […]

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The EIB loan to BNDES: Learning lessons for the next external mandate of the Bank

In a previous article, Counter Balance raised awareness about a loan of 500 million Euros from the European Investment Bank to the Brazilian development bank BNDES and the uncertainties related to it. We have now gathered more precisions about the status of this loan – not a single euro has been spent – and the […]

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Briefing on the External Lending Mandate of the EIB

The European Parliament is preparing the EIB’s new external lending mandate. The mandate will enter into force in 2014 and will guide the bank’s activities outside the European until 2021. Read our assessment of this strategic document.

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The EIB and development, a chance to clean up the bank’s act

The current review of the European Investment Bank’s mandate for lending outside of the EU brings some of the pitfalls of the bank’s development lending to the fore and offers a chance for improvements. “The European Investment Bank is not a development bank, it is an investment bank designed to support EU policies, including external […]

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