Tag Archives: transparency

Out for Summer, Episode 2: how public banks support an unsustainable farming giant in Ukraine, ignoring communities’ rights

Myronivsky Hliboproduct (MHP) is a poultry farming giant operating in Ukraine. The company has received several loans by public banks including the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), even though its activities are seriously impacting the environment and local rural communities. The banks have so far declined any […]

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European Parliament improves the External Investment Plan, but significant challenges ahead

Brussels, 6 July 2017 By ActionAid & Counter Balance The European Parliament has just [6 July] adopted the final regulation setting up the External Investment Plan and its financial pillar – the so-called European Fund for Sustainable Development (EFSD) [1]. The creation of this investment plan was announced by the president of the European Commission […]

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Counter Balance’s 10th anniversary

As European public banks have gained a more and more important role, over the last decade at Counter Balance we have been working to make sure these institutions lead the transition towards a more sustainable and equal society. We are glad to celebrate our 10th anniversary through a brief overview of our achievements and future […]

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Parliament sends strong signal to the EIB: Time to act!

In two reports on the European Investment Bank adopted today in Brussels, Members of the European Parliament have called on the EU’s bank to step up its efforts against climate change and enhance its transparency and accountability. Counter Balance and CEE Bankwatch Network welcome the positions taken today by the Parliament in two complementary resolutions […]

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New report: Towards a better model for public development banks

Today the NGO Network Eurodad published the report “Public Development Banks: Towards a better model” which proposes a blueprint for successful public development banks at national, regional and global level. With this blogpost, we highlight some of the issues raised in the report, and how they are relevant for the main institution we are monitoring: […]

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Parliament inaction on lobby transparency could sink register reform

Friday, March 17, 2017 Issued by The Alliance for Lobbying Transparency and Ethics Regulation (ALTER-EU) The European Parliament must do more to improve lobby transparency, 100 civil society organisations urged in an open letter published today. MEPs were warned that the European Commission’s current proposal for a revised EU Transparency Register would allow for even […]

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