Activities of Luke Ming FLANAGAN related to 2021/2235(INI)
Shadow reports (1)
REPORT on the control of the financial activities of the European Investment Bank – annual report 2020
Amendments (7)
Amendment 26 #
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25 a. Notes that the EIB is bound by the EU Charter of Fundamental Rights and that human rights principles are integrated into its due diligence procedures and standards at project level including by allowing for the suspension of disbursements in the case of serious violations of human rights or environmental and social standards; calls on the EIB to ensure that its complaints mechanism is easily accessible, timely and effective, in order to detect and redress possible human rights violations in EIB- related projects; asks the EIB to report to Parliament and the Board of Governors about this issue;
Amendment 37 #
Motion for a resolution
Paragraph 31 – indent 1 (new)
Paragraph 31 – indent 1 (new)
- [2]https://data.consilium.europa.e u/doc/document/ST-9462-2021-REV- 1/en/pdf
Amendment 38 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31 a. Notes that the Union development policy will be implemented viathe new Neighbourhood, Development and International Cooperation Instrument(NDICI), of which the EIB is a key implementer; expresses concern about the useof EU development funds for de- risking private investment given the lack ofevidence as to its capacity to fulfil development objectives, as reported inthe final review of European Fund for Sustainable Development as well as in theopinion of the European Court of Auditors No 7/2020 of 11 September 2020; stresses the need for donors to prioritise grant-based financing as the defaultoption, especially to least developed countries, in order to avoid increasingthe debt burden;
Amendment 41 #
Motion for a resolution
Paragraph 31 b (new)
Paragraph 31 b (new)
Amendment 42 #
Motion for a resolution
Paragraph 31 c (new)
Paragraph 31 c (new)
31 c. Calls on the EIB to continue supporting the achievement of United Nations Sustainable Development Goals through its activities within the framework of specific mandates decided by the EU Council of Ministers and the European Parliament;
Amendment 43 #
Motion for a resolution
Paragraph 31 d (new)
Paragraph 31 d (new)
31 d. Supports the Council Conclusions adopted on 14 June 2021[2],calling on the EIB to enhance its contribution to the Union’s development efforts through dedicated strategies, stronger presence on the ground globally, and better coordination with partners in a genuine Team Europe approach, with a view to developing innovative joint actions and ensuring the visibility of EU external financing;"[1]https://data.consilium.euro pa.eu/doc/document/ST-9462-2021-REV- 1/en/pdf
Amendment 51 #
Motion for a resolution
Paragraph 38
Paragraph 38
38. Is of the opinion that the action of the EIB Audit Committee is not alternative but complementary to that of the ECA; deplores the fact that the Tripartite Agreement, which was renewed on 11 November 2021 by the EIB, the Commission and the ECA, does not offer a satisfactory solution and that its renewal confirms the situation without any meaningful improvement in particular in relation to the role of ECA in term of auditing powers regarding activities of the EIB;