Tag Archives: FossilFreeEIB

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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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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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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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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EIB Roundtable Report: State of Play and Future Challenges

DOWNLOAD THE FULL REPORT BELOW This summary report of this roundtable is provided by the organizer Counter Balance. The opinions ex-pressed in this report are those of the authors and do not necessarily reflect the views of all participants in the roundtable. On March 3rd, 2020, 65 participants joined the roundtable on the State of […]

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NGOs call on EIB to halt fossil gas projects now!

On February 25, a coalition of international CSO’s sent a joint letter to Werner Hoyer, President of the EIB. The letter, sent by Counter Balance and 12 other international CSO’s, clarifies to the President the major risk factors involved in the recently approved Energy Lending Policy. These loopholes could undermine the ELP as a whole. […]

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EIB must stop funding fossil fuels, say 70 civil society groups

Brussels, 13 June 2019 Ahead of a meeting of the EU bank’s Governors in Luxembourg on Friday, 70 civil society organisations, think tanks and academics across Europe call for a fossil-free European Investment Bank (EIB) in a joint statement released today On June 14th, the EU Finance Ministers will gather in Luxembourg(1) as Governors of […]

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EU leaders keep saying climate is a priority. Here’s something they can do

Originally published on Climate Home News The European Investment Bank is the world’s largest multilateral lender and it keeps funding fossil fuels. Next week EU finance ministers can change that By Xavier Sol and Adriana Paradiso Fixing our climate is one of the biggest challenges our politicians will have to face in the years to come, […]

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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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Help Reform the EIB!

Sign the petition for an improved EU bank. In May, as EU citizens we will be called to elect our new representatives at the European Parliament. This democratic choice will be essential to make sure they push on our behalf to shape the kind of Europe we want to live in. And an improved European […]

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