Activities of Angelika WINZIG related to 2020/2124(INI)
Plenary speeches (1)
Financial activities of the European Investment Bank - annual report 2020 - Control of the financial activities of the European Investment Bank - annual report 2019 (debate)
Shadow opinions (1)
OPINION on the financial activities of the European Investment Bank – annual report 2020
Amendments (6)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Calls on the Member States to urgently agree on capital increase, both cash-in and callable in nature; calls on the EIB to provide the necessary growth capital to enable SMEs to scale up their operations; stresses the importance of digitalisation and calls for risks to be taken in the area of green and digital innovation in order to catalyse the just and digital transitions and to stop the financing of stranded assets; stresses however that green investments must be viable and the EIB must maintain a high-credit standing (AAA); notes that the climate problem cannot be solved without support of the industry, a large scale change can only be achieved if the industry is taken on board and the necessary incentives are given for innovative climate solutions;
Amendment 13 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Welcomes the EIB’s reaction to the COVID-19 crisis by setting up a nearly 25 billion EUR strong Pan- European Guarantee Fund to mobilise up to 200 billion EUR supporting companies and especially SMEs in an unbureaucratic way during the crisis;
Amendment 18 #
Draft opinion
Paragraph 2
Paragraph 2
2. Reiterates that all financial flows of the European Investment Bank (EIB) Group should be consistent with the goal of achieving net zero emissions by 2050 at the latest and the Union’s new climate objective for 2030; looks forward to the adoption in 2020 of anwelcomes the adoption of the ambitious Climate Bank Roadmap 2021-25 (CBRM), which is to include a detailed strategic and operational framework with milestones and a shadow carbon price of at least EUR 100/tonnemaking the EIB the first Multilateral Development Bank to be Paris aligned by the end of 2020 and defining how the EIB Group will align all its activities with the goals and principles of the Paris Agreement in line with the EU’s aim to be carbon neutral by 20250; calls to explore possible options for all financial intermediaries and corporate clients to have a decarbonisation plan in place by the end of 2021; 51a , stresses that such new requirements must not go at the detriment of access to finance for SMEs; _________________ 1aTo stay in line with the previous EP report on the EIB (2019/212& INI), the date should be amended to 2025.
Amendment 37 #
Draft opinion
Paragraph 3
Paragraph 3
3. Expects the EIB to comply with Article 191 of the Treaty on the Functioning of the European Union and, if possible within legal remits established for the financing, to put on hold disbursement, and, if necessary, to withdraw funding, if there is evidence or a serious risk of adverse impacts; expects the EIB to conduct thorough monitoring that fully takes into account concerns expressed by concerned parties and stakeholders, in particular those pertaining to human rights violationsmmit to the protection of Human Rights as enshrined in its Environmental and Social Framework;
Amendment 47 #
Draft opinion
Paragraph 4
Paragraph 4
4. Expects the CBRM and the EIB’s revised transport lending policy not to fall belowign with the standard of EU taxonomy; calls for no new loans to be granted that hinder the decarbonisation ofexpects the EIB to align its transport, and, in particular, no new financing to be awarded for the expansion of airports, for increased road capacity, for port expansions inctivities with the Climate Bank Roadmap, but also with the Commission’s upcoming strategy for sustainable and smart mobility as a response to the new Europe and related infrastructure or for the shipping of liquefied natural gas Green Deal, and with other areas of EU transport policy;
Amendment 62 #
Draft opinion
Paragraph 5
Paragraph 5
5. Welcomes the review of the EIB Environmental Social Standards and calls for a wide and inclusive public consultation; expects all projects to include more comprehensive gender and human rights dimensions and due diligence obligations; calls for the EIB to publish ‘Know Your Customer’ checks before approving any projeacknowledges that the EIB systematically reports on economic, social and environmental impacts and provides ex- ante as well as ex-post evaluations of the screening exercise regarding environmental and social impacts.