Activities of Viola VON CRAMON-TAUBADEL 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 (8)
Amendment 5 #
Motion for a resolution
Recital G
Recital G
G. whereas the EIB’s AAA rating is necessary to ensure appropriate market sources of financing and must bet most preferential rates and must be, therefore, preserved;
Amendment 18 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the establishment of the EGF as a new instrument within the EIB’s portfolio that will provide up to EUR 200 billion of additional financing; notes that as of 31 December 2020, the EIB had approved EUR 2.7 billion, aiming to mobilise EUR 27.8 billion of total financing; is, however, concerned about the compromised transparency of the intermediated transactions under EGF and the increased risk-appetite for some transactions under EGF;
Amendment 20 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Reiterates its call for the strengthening of technical assistance in line with the EIB’s policy of ‘lending, blending and advising’ for and the financial expertise of local and regional authorities, especially in regions with low investment capacity, in order to improve accessibility to EIB funding; invites the EIB Group to intensify cooperation with national promotional banks and institutions;
Amendment 22 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Notes that in July 2020, the EIB adopted project carbon footprint methodologies to provide guidance to EIB staff on how to calculate the carbon footprint of the investment projects financed by the bank; notes EIB’s decision to refuse financing of any climate- negative projects involving traditional fossil fuels;
Amendment 24 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24 a. Welcomes the launch of The City Climate Gap Fund, anew advisory facility aiming to provide early-stage assistance supporting climate-smart projects in cities in developing and emerging countries;
Amendment 47 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. ReiteratesNotes the new tripartite agreement signed between ECA,EIB and the European Commission allowing greater access and improved streamline of audited EIB documents; reiterates, however, its calls for the extension of the right of access to information by the European Court of Auditors (ECA) in respect of EIB operations implementing EU policies; regrets the fact that the Commission and the EIB refer to the definition of the ECA’s mandate as laid out in the TFEU in order to prevent the Court from accessing information related to EIB operations whose sole reason to exist is the implementation of the EU policies;
Amendment 63 #
Motion for a resolution
Paragraph 53
Paragraph 53
53. Notes that, in 2020, the Ethics and Compliance Committee adopted three decisions concerning activities of former Management Committee members during their respective cooling-off periods; calls on the responsible committee to guarantee that during cooling-off periods, former Management Committee members carry out no business relations or lobbying activities with the EIB Group, irrespective to the portfolios held during their Management Committee mandates; reiterates the importance of putting in place policies preventing conflict of interest and revolving-doors phenomena;
Amendment 66 #
Motion for a resolution
Paragraph 57
Paragraph 57
57. Expresses serious concerns at the lack of social dialogue at the EIB, in particular to address concerns about harassment allegations and the working environment; urges the EIB management to engage in constructive dialogue with staff in order to address their concerns and to foster trust and a culture of accountability; encourages the EIB to continue launching surveys and consultations across its staff; notes consecutively negative outcomes of staff surveys in recent years and urges the EIB to implement tangible measures aiming at fixing issues reported by staff members, particularly which relates to internal mobility concerns;