Making the "EU Climate Bank" a reality
Next week, the European Investment Bank (EIB) will organise its annual EIB-CSO seminar. Ahead of the event, Eurodad, together with 47 CSO organisations sent the following open letter, calling on the EIB to take necessary steps to truly become the EU Climate Bank.
While we welcome the progress made by the EIB to fight climate change since 2019, the EIB is not yet a 'Climate Bank'. In order to become fully aligned with the Paris Agreement, the EIB urgently needs to take the following steps:
- All EIB operations need to be aligned with the objectives of the Paris Agreement
- Further exclude high-carbon and environmentally harmful operations from the EIB portfolio
Read the open letter in its entirety
Signatories
- AbibiNsroma Foundation
- ActionAid International
- Arab Watch Coalition
- A Well-Fed World
- Bank Information Center
- Bank Track
- Both Ends
- Brighter Green
- CAN Europe
- CEE Bankwatch Network
- Center for Biological Diversity
- Christian Aid
- CNCD-11.11.11
- Compassion in World Farming
- Counter Balance
- E3G
- Environmental Paper Network Biomass Finance WG
- Estonian Roundtable for Development Cooperation
- European Network for Debt and Development - Eurodad
- Farm Sanctuary
- Animal Welfare Worldwide
- Friends of the Earth US
- Friends with Environment in Development
- Gastivists
- Global Witness
- Greenpeace
- Having Kids
- Jamaa Resource Initiatives
- KOO
- Les Amis de la Terre France
- Oil Change International
- Public Interest Law Centre
- Re:Common
- Recourse
- Strategies for Ethical and Environmental Development
- Seeding Sovereignty
- Sentient Media
- Sinergia Animal
- The Humane League United Kingdom
- Urgewald
- Vedvarende Energie
- World Animal Net
- World Animal Protection
- WWF European Policy Officer
- ZERO - Association for the Sustainability of the Earth System
- Zero Hour International
- Global Forest Coalition