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Citizens' guide to the European Investment Bank
24 April 2008 This guide is for anyone who is concerned by this state of affairs. It
starts by laying out the basic facts about the EIB: who owns it, where
its money comes from, how it operates and what it does. In Section 2,
it moves on to look at what it should be doing: the obligations of the
EIB under EU law and EU development goals and treaties. The guide
concludes with a brief look at areas the EIB needs to begin to consider.
This
theme of critique and alternative continues throughout the guide.
Section 3 analyses how the EIB is (or is not) accountable as an EU body
in a framework of democratic institutions, and to whom. It then goes on
to look at the regions, sectors and interests that primarily benefit
from EIB support – and whether this is really the most appropriate use
of public resources. Section 4, by contrast, provides alternatives: the
human rights, environmental and sustainable development cases for a
different approach to development by the EIB.
Finally, Section 5
is a short practical guide, for people affected by EIB-backed projects
and the interested public alike, on how to deal with the EIB. It gives
details of how to contact the EIB on a range of issues, including
information disclosure, filing a complaint and corruption allegations.
Under the Aarhus Convention, the EIB has active obligations to inform
the wider public of the nature of its operations, and we encourage all
interested parties to take advantage of these opportunities. Tags: |
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This website has been prepared with the financial assistance of the European Union. The contents of the website are the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.