EIB

During the annual meeting between civil society and the EIB's Board of Directors, the European Investment Bank committed to review its outdated tax haven policy this year. The commitment which followed a letter from several NGOs expressing such demand, is the most concrete outcome of the meeting which took place on 3rd February in the bank's headquarters in Luxemburg.

The manipulation of a tender for a metro line extension in Prague - financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB's ability to identify and avoid mismanagement in the infrastructure projects it finances.

On Monday Polish NGOs Client Earth, Workshop for all Beings, Greenpeace, WWF and local community group Eco-Kociewie petitioned the General Director of Environmental Protection to cancel the environmental impact assessment permit for the Polnoc Power Plant in northern Poland.

In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending.

A thorough check of the European Investment Bank's energy lending data shows that not all is as rosy as the EIB would like to see it. We've paired up with Open Spending to provide an introduction into how to interpret and scrutinise the numbers.

It may have been easy in the past for Europeans to bash the US for being retrograde when it comes to climate policies, but after last week it will get more difficult to do that.

The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region's public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region.