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Eurodad, along with eighteen other NGOs, has written to the President of the EIB Werner Hoyer, voicing concerns that consultations over the complaints mechanism are not open or inclusive, and that civil society is being ignored. Read the full text of ...
Ahead of the European Investment Bank's (EIB) annual consultation with civil society organisations (CSOs) on 2nd February, Eurodad and partners Counter Balance and CEE Bankwatch have sent a briefing to the EIB directors regarding the bank's priorities ...
This joint submission, co-signed by Eurodad and several of its members, including ActionAid, Both ENDS and Christian Aid and partners Counter Balance and CEE Bankwatch network, urges the European Investment Bank (EIB) to ensure that its final ...

press
Europe’s finance ministers urged to stop EU Bank’s ‘extraordinary’ slide towards secrecy

Thursday 11th September 2013 Campaigners across Europe are urging the European Commission and their Ministers of Finance to halt a dangerous slide towards secrecy of the giant European Investment Bank (EIB), of which the EU member states are owners. The already secretive Bank is proposing to make it far harder for European citizens to find out what it is up to, despite the fact it is a ‘public’ bank owned by EU governments.Now campaigners including Counter Balance, Eurodad and Christian Aid have ...

press
CSO letter to EIB calling for publication Mopani-Glencore report

Eleven civil society groups, including Eurodad and its members, have sent a letter to the EIB's president, Werner Hoyer, to demand the release of the Mopani-Glencore report, following allegations of tax avoidance. The letter expresses concerns over "the secrecy surrounding the bank's investigation" and urges the bank "to reveal the truth by publishing the report as a matter of urgency".  The letter further states that "it is now close to nine months since Christian Aid made a formal complaint ...
By Maria José Romero The European Commission (EC) is pushing ahead with its plan to increasingly ‘blend’ development aid with private finance, despite the fact that the Commission’s commitment to development seems weak and civil society groups ...

press
PRESS RELEASE: Cashing in on climate change? New report lifts the lid on how rich nations use financial intermediaries to dodge climate change commitments to world’s poor

BRUSSELS, 19 April, 2012: A new Eurodad report reveals how rich nations are using a complex web of private funds and financial intermediaries to wiggle out of pledges to provide $100 billion a year to help developing countries cope with the devastating effects of climate change. “Overreliance on the private sector could spell disaster for the world’s poorest,” said Javier Pereira, who authored the report for Eurodad, the European Network on Debt and Development. “Leveraging money through ...
By Antonio Tricarico, Counterbalance and Eurodad member CRBM You might think that, after the financial crisis of 2007-08, all major public institutions, and in particular those dealing with finance and monetary issues, would be focused on preventing ...