Activities of Dominique BILDE related to 2020/2124(INI)
Shadow opinions (1)
OPINION on Financial Activities of the European Investment Bank - annual report 2020
Amendments (10)
Amendment 1 #
Draft opinion
Recital A
Recital A
A. whereas in 2019 the European Investment Bank (EIB) approved loans worth EUR 7.8 billion for projects outside the Union, including EUR 1.1 billion in least developed countries (LDCs) and fragile states, but in the past the bulk of that assistance has nevertheless concerned middle-income countries;
Amendment 9 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Welcomes the EIB’s plans for green and sustainable urban planning in sub-Saharan Africa and its cooperation with UN-Habitat, given the scale of the challenge posed by the rapid urbanisation of Africa, and particularly the demand for housing, as well as the emerging health emergencies there exacerbated by the COVID-19 pandemic;1 a _________________ 1a https://www.eib.org/attachments/general/r eports/eib_activity_report_en.pdf
Amendment 19 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Expresses concern, however, at the risks associated with ‘greenwashing’ and calls for appropriate criteria defining sustainable investments to be introduced so as to arrest that tendency;
Amendment 25 #
Draft opinion
Paragraph 3
Paragraph 3
3. Calls on the EIB to maximise additionality and the development impact of its operations outside the Union by increasing its engagement in LDCs, and particularly very fragile states, by enhancing the transparency of operations carried out by financial intermediaries, cooperating with EU delegations, and increasing its presence on the ground where necessary, and by targeting small and medium-sized enterprises in so far as this is possible;
Amendment 29 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Calls on the EIB to focus on local partners when it comes to technical assistance, particularly for the setting-up of projects, not least in the case of projects involving least developed and vulnerable countries;
Amendment 32 #
Draft opinion
Paragraph 3 b (new)
Paragraph 3 b (new)
3b. Laments the fact that in the past the bulk of assistance has been allocated to middle-income countries and stresses that priority should be given to least developed countries and particularly, tying in with the political priorities of certain Member States such as France, the Sahel countries, which moreover have considerable needs in terms of energy infrastructure and the energy transition;
Amendment 39 #
Draft opinion
Paragraph 4
Paragraph 4
4. Recalls the need for robust ex ante impact assessments to mitigate the risks of EIB operations on human rights and on environmental, labour and social standards, and rules on transparency and fraud, and the need for meaningful consultations with stakeholders, including civil society organisations; stresses that the EIB needs to deal with complaints in a transparent and effective manner and that it must work in cooperation with local authorities in partner countries to combat fraud;
Amendment 40 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Emphasises that the EIB must continuously strengthen and adapt its means of combating fraud, not least through increased vigilance in respect of any transactions involving non- cooperative jurisdictions or states appearing on the FATF list of jurisdictions under increased monitoring, in particular as regards money laundering;
Amendment 41 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Emphasises that the EIB must, where appropriate, apply suspensory clauses when it comes to respect for transparency, and especially labour law, paying particular attention to compliance with these conditions;
Amendment 43 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the EIB to engage in closer dialogue with the European Parliament, notably in the context of the EFSD+ and the ongoing discussions on the future European financial architecture for development, and to give regular reports on its activities.