Tag Archives: featured

The EIB as climate bank: Leader of the pack or pulling up a smokescreen?

A shorter version of this article can be found on Climate Home News. The European Investment Bank (EIB) has announced its plan to become the “EU Climate Bank” with big fanfare at the end of 2019. The turning point was the approval of a new energy policy phasing out support to fossil fuels and the […]

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[PRESS RELEASE] 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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EU Watchdog Radio – Episode 7: Tainted Love – corporate lobbying and the German EU Presidency

In this seventh episode Vicky Cann, researcher and campaigner at Corporate Europe Observatory (CEO) and Nina Katzemich EU Campaigner at LobbyControl dig into so called the green credentials of the German government. They explain how the German Government’s ‘love affair’ with gas and the unconditional support for its automobile sector are two clear cut examples […]

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[PRESS RELEASE] EIB’s plans to become ‘EU Climate Bank’ too weak according to NGOs

Today, 34 NGOs sent an open letter to Werner Hoyer, the President of the European Investment Bank (EIB), urging him to deliver on the EIB climate commitments. The EIB is currently developing its Climate Bank Roadmap in order to align all its operations with the objectives of the Paris Agreement. This process is set to […]

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A key opportunity for EU governments to make the EIB a driver for a green and just recovery

Today, the 27 Finance Ministers of the EU member states are gathering in Brussels as Governors of the European Investment Bank (EIB) to discuss the future priorities of the bank. A key objective for this meeting must be to ensure that the role of the EIB in the EU recovery package is compatible with the […]

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EU Watchdog Radio – Episode 6: In the name of innovation

In the sixth episode Martin Pigeon, researcher and campaigner at CEO and Marine Ejuryan, Advocacy manager at ‘Global Health Advocates’ (GHA) explain the content of two in-depth and damning reports they just published; These reports are about how, in the name of innovation, industrial lobbies have managed to control the use of at least 3.6 […]

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The European Investment Bank must not ditch its commitment to the climate

We call on the bank to face the future and become a more sustainable, transparent and accountable institution.

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EP Brussels

Parliamentary hearing: The role of the EIB in the aftermath of the COVID-crisis

On May 26, 2020 the European Parliament Committees on Budget and on Economy organised a hearing on the role of the European Investment Bank (EIB) in the response to the COVID-19 crisis. Counter Balance was invited to join the hearing. Our Director, Xavier Sol, took the floor to explain what we believe is the future […]

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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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The Juncker Plan and the promotion of Public Private Partnerships: lessons learnt for future economic recovery measures?

In the context of the Covid-19 crisis, this question holds a significant importance, as there are vivid discussions taking place around the public provision of essential public services and risks linked to privatisations. And looking back into how EU public finance has performed in the recent past is an important exercise for mistakes not to be repeated in future economic recovery plans at European level […]

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