Tag Archives: EIB

Rebuilding the world: the hubris behind the global infrastructure agenda

Originally published on OpenDemocracy By Xavier Sol Infrastructure is not just about bricks and mortar. It is about systematic wealth extraction from local communities, whose territories are permanently reshaped in the name of capital accumulation. This article is part of a series by openDemocracy and the Bretton Woods Project on the crisis of multilateralism. The […]

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VIDEO: The song of the EIB

On the occasion of the EU elections 2019, Counter Balance and its partners call the citizens’ attention on the bank of the EU – the European Investment Bank (EIB). What does it do? What are the challenges it has gone through so far? What the aspects that need improvement? And what can the citizens do […]

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Record citizens’ input to EU bank’s consultation calls on the bank to urgently abandon fossil fuels

Brussels, 28 March 2019 Today, as they submit their official contribution to the public consultation on the European Investment Bank (EIB)’s new Energy Lending Policy, citizens, civil society and local authorities call for the world’s largest public lender to end its support for fossil fuels projects. In the moment of highest public engagement with the […]

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Counter Balance submits its contribution for the EIB Energy Lending Policy

As part of the public consultation opened by the EIB, the Counter Balance coalition, together with Focus Association for Sustainable Development – Slovenia, submitted its contribution to the bank’s Energy Lending Policy review. Read the submission here.

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Development in Reverse – Episode 3: the Nepal Marsygandi Corridor

The European Investment Bank (EIB) is funding the expansion of parts of the Nepal power system. The Marsygandi Corridor, passing over homes, lands forests and community spaces in the Lamjung district, Western Nepal, raises particular concerns about the impact on the local Gurung Indigenous Peoples. Our new infographic explains more.   For further details on […]

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Development in Reverse – Episode 1: Ombudsman bashes EIB for mishandling a mining fiasco

Brussels – In an unprecedented ruling, the European Ombudsman concluded that the European Investment Bank (EIB) mishandled complaints about a major mining project it financed in Madagascar. The Ombudsman ruled maladministration for the EIB massive delays in handling the case and highlighted the poor monitoring on the implementation of the project on the ground. The […]

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