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[REPORT] Too soon to call the EIB the “EU Climate Bank”

A new report released by the NGO coalition Counter Balance shows that it is too soon to call the EIB the “EU Climate Bank”. The EIB is planning to become the “EU Climate Bank” and to align all its operations with the objectives of the Paris Agreement through the creation of a Climate Roadmap. The EIB […]

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The Road Less Travelled: How the European Investment Bank’s Climate Roadmap 2021-2025 can lead it to become the climate bank

This report by CEE Bankwatch summarises the EIB’s undertakings on the road towards becoming the EU’s Climate Bank. It presents our findings on the implementation of the EIB’s 2015 Climate Strategy and looks at the results of the Bank’s climate action in the EU and enlargement countries. It also puts forward recommendations to the Bank. […]

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Counter Balance Activity Report 2019

Curious to what we’ve been up to in 2019? Whether it’s pushing the European Investment Bank into becoming a fossil free EIB by no longer investing in unabated fossil fuels or by publishing reports on the Juncker Plan or corruption. From climate and human rights to transparency, read about our most recent achievements below in […]

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REPORT: How logistic chains dismantle worker’s rights, one hub at a time

February 26, 2020 A new report launched today by Counter Balance, a Brussels NGO, reveals the negative impacts of mega infrastructure corridors, tax-free zones and just-in-time delivery systems on workers, their rights and the environment. The report, “Corridors as factories: supply chains, logistics and labour, is this the world you want?”  probes how “logistics” – […]

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EIB

New investigation reveals how the EU’s Bank fails to tackle fraud and corruption in its investments

19 November 2019 Investments made by the European Investment Bank are wide open to abuse by fraudsters, money-launders and corrupt politicians, according to a damming new investigation by Counter Balance. Although, on paper, the Bank has controls in place to reduce the risk of fraud and corruption, the Bank’s policies are poorly policed and full […]

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Too soon to call the “Juncker Plan” a success – new report

October 1, 2019 Brussels, Prague The EU’s next major investment scheme, succeeding the so-called Juncker Plan, is likely to be central to the ‘European Green Deal’ touted by European Commission President Ursula von der Leyen. But a report released today by watchdog NGOs Counter Balance and CEE Bankwatch Network finds the Juncker Plan has so far […]

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Cast the spotlight on financial injustice to tackle rising inequalities, says new report

26 September 2019 As the international community meets at the UN General Assembly to review progress towards the Sustainable Development Goals (SDGs), a new report launched by Citizens for Financial Justice argues that the increased and unregulated growth of the finance industry has been contributing to deepening inequalities across the world.  Spotlight on financial justice […]

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Spotlight on financial justice – understanding global inequalities to overcome financial injustice

Citizens for Financial Justice new report – Spotlight on financial justice: understanding global inequalities to overcome financial injustice – is being released on Thursday 26 September 2019, to coincide with the High Level Dialogue on Financing for Development at the UN. The report was compiled by Citizens for Financial Justice partners and other contributors, coordinated […]

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Our Activity Report 2018

Our 2018 activities, successes and future challenges in a short booklet.

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NGOs urge EU bank to quit fossil fuels investments, as it touts its climate commitment at COP24

Brussels – Katowice – Prague, 11 December 2018 While confirming its plans to align with the Paris Agreement, the European Investment Bank (EIB) still continues to fund climate damaging fossil fuel projects, having disbursed more than EUR 11.8 billion in fossil fuels projects since 2013 – point out NGOs in a new briefing State delegations […]

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