Urgent overhaul needed for the EIB to fulfil its public mandate
Together with 13 CSOs we have signed a letter to ask the EIB President Nadia Calviño to do the overhaul needed for the Bank to uphold its commitment to just and sustainable development in the countries where it operates.
Climate breakdown, economic uncertainties, the soaring cost of living and energy crises, and related threats to social and political stability, as well as the pursuit of geopolitically-motivated exploitative policies towards the Global South in the context of competitive raw material supply chains, are some of the key challenges that require addressing.
With this joint letter, we want to emphasise that the EIB possesses the global standing, as well as the institutional and financial clout, to have a direct and lasting positive impact for the people it is meant to serve.