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Newswire

New European Parliament resolution calls on the European Union to tackle capital flight and tax havens [eurodad.org, 28th January 2010]
EIB tax haven lending exposed [euro-correspondent.com & private-eye.co.uk, 13 August 2009]
Der günstige Weg über Mauritius [taz.de, 16 July 2009]

Events

31 March 2009

EIB - what's the EU's house bank doing away from home?

3 December 2008

Turning a curse into a blessing: Three testimonies about Africa's mineral wealth

1 July 2008

The European Investment Bank - facing challenges as it turns 50

5 October 2007

The European Union's Financing in the Energy Sector in Africa

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Media Room
	Ugandan citizens' complaint against EUR 95 million EIB loan for Bujagali Hydropower Dam The Bujagali Hydropower Project is a 250-megawatt power-generating facility developed by Bujagali Energy Limited, a joint venture between Kenya-based Industrial Promotion Services (IPS), the Aga Khan Fund for Economic Development, and US-based Sithe Global Power, with construction by Italy’s Salini. Following the findings of a field mission in Uganda in April 2009, the European coalition Counter Balance, in collaboration with Human Rights lawyers of Sherpa (France) and CLAI (Italy) has been supporting the Ugandan local communities, lead by the Ugandan National Association of Professional Environmentalists (NAPE) in gathering evidences in order to file a complaint against the European Investment Bank, following the successful outcome of the complaint filed against the World Bank through the independent World Bank Inspection Panel (1). Read more
	Ugandan dam slammed by World Bank appeals body, EIB must withhold funding until major problems are addressed, say NGOs Following a highly critical assessment from a World Bank body on the impacts of the USD 799 million Bujagali dam in Uganda, the campaign coalition Counter Balance has called on the European Investment Bank (EIB), a joint funder of the controversial project with the World Bank, to withhold any further disbursement of its USD 130 million loan for the project until an independent investigation of the impacts of the dam are undertaken. Read more
	NGOs brand EIB the weakest link in EU development aid efforts At the European Development Days in Lisbon, NGO campaigners concerned about the expanding financing role of the European Investment Bank (EIB) in developing countries have called for the EIB to urgently strengthen its lending standards and procedures. Read more
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