BETA

5 Amendments of Matteo ADINOLFI related to 2020/2245(INI)

Amendment 14 #
Motion for a resolution
Paragraph 5
5. Welcomesnotes that the adoption in 2019 of 5. the new Climate Risk Assessment (CRA) to provide a systematic assessment of the physical climate risk in direct lending allowing EIB and its client to understand how climate change may affect the financed project and to identify remedial measures, therefore stresses the risk that this will increase the costs borne by european taxpayers;
2021/05/31
Committee: CONT
Amendment 40 #
Motion for a resolution
Paragraph 12
12. Recalls that in November 2019, in line with the political ambition behind the European Green Deal, the EIB Board of Directors decided to increase the level of climate and environment commitment for the EIB Group with the aim to transform the EIB from ‘an EU bank supporting climate’ into ‘the EU climate bank’ and pledged to gradually increase the share of its financing dedicated to climate action and environmental sustainability to reach 50% of its operations in 2025 and to align all financing activities with the goals of the Paris Agreement from the end of 2020; welcomes the adoption of the Climate Roadmap; calls on the EIB ensure that projects already in the pipeline before November 2020 are consistent with the objective of climate neutrality by 2050 despite the transition period foreseen until the end of 2022, however, it is very concerned that this will lead to additional costs for EU taxpayers;
2021/05/31
Committee: CONT
Amendment 53 #
Motion for a resolution
Paragraph 16
16. Reminds the EIB of Parliament’s call to explain how the Trans Anatolia Natural Gas Pipeline and Trans-Adriatic Pipeline will be aligned with the goals of the Paris Agreement by the end of 2020; notes that the project is subject to an enquiry by the European Ombudsman5 concerning the failure of the EIB to ensure proper climate impact assessment for both the projects]; urges the EIB to address any shortcomings to the environmental impact assessment and address negative environmental, climate and social impacts as a matter of priority, emphasises that climate ambitions must not sabotage european geopolitical stability; _________________ 5Filed by environmental NGOs CEE Bankwatch Network, Counter Balance, Re:Common and Friends of the Earth Europe.
2021/05/31
Committee: CONT
Amendment 74 #
Motion for a resolution
Paragraph 27
27. Reiterates its call to enhance its due diligence at project level to identify and address human rights related risks in all its activities and throughout the lifespan of its projects including by allowing for the suspension of disbursements in the case of serious violations of human rights or environmental and social standards, and to ensure that complaints mechanisms are easily accessible timely and effective; asks to report to the Parliament and the Board of Governors about this by the end of 2021, special care must be taken to ensure that funded projects and the countries where they operate do not use forced labour and slavery;
2021/05/31
Committee: CONT
Amendment 100 #
Motion for a resolution
Paragraph 37
37. Points out that the Union has increasingly made use of financial instruments and budgetary guarantees provided to the EIB Group; recalls that, at present, the EIB Group operations not financed by the Union budget, but which still serve the same Union objectives, do not come under the Court’s audit mandate; points out that this results in the Court being unable to provide a complete overview of the links between the EIB Group operations and the Union budget; asks for a Memorandum of Understanding between the EIB Group and the Parliament to improve Parliament’s access to EIB documents and data related to strategic orientation and financing policies in order to strengthen the Bank’s accountability; asks for the revision of the current Tripartite Agreement between the Commission, EIB and the Court with a view to define rules of engagement which enhance the role of the Court and further strengthen its auditing powers regarding EIB operations financed with EIB’s share capitalstrengthen the Court's mandate and capacity to audit the EIB operations and activities;
2021/05/31
Committee: CONT