The European Investment Bank (EIB) – the financial arm of the EU – has approved a new Transparency Policy that will allow the bank to keep hiding information on projects it finances despite their potential impacts on people and the environment. The new policy, it is claimed, “further deteriorates” transparency conditions at the EIB…
Tag: #Sol
Financing the New Green Deal
Nine NGOs sent an open letter to Werner Hoyer, the President of the European Investment Bank (EIB), calling for its new role in the European economic recovery to be consistent with its climate commitments and play a key role in financing the European Green Deal. The EIB plans to spend €40 billion to support especially small and…