2007/2251(INI) | [ParlTrack]

Motion for a resolution
Paragraph 5

5. Emphasises that the EIB pursues a ‘zero- tolerance’ policy towards fraud and corruption, and welcomes the rise in the number of investigations and the increased cooperation with OLAF; calls upon the EIB, before approving the Anti-Fraud Policy and Procedures, to include measures leading to: i) an administrative debarment mechanism for companies found guilty of corruption by the Bank and other Multilateral Development Bands (MDBs), ii) a whistleblower protection policy, and iii) a review of the existing procurement guidelines;

Amendment 10 #

Motion for a resolution
Paragraph 18

18. Welcomes the inclusion of promoting reliable, competitive, sustainable energy in the main features of the Bank’s programme of activities; calls on the EIB to inform Parliament by the end of 2008 on a comprehensive plan for investing in renewable energy sources including reporting on the amount of money lent and the list of projects supported;

Amendment 11 #

Motion for a resolution
Paragraph 18

18. Welcomes the inclusion of promoting reliable, competitive, sustainable energy in the main features of the Bank’s programme of activities and calls on the EIB to inform Parliament by the end of 2008 on a comprehensive plan for investing in renewable energy sources including reporting on the amount of money lent and the list of projects supported;

Amendment 12 #

Motion for a resolution
Paragraph 19

19. Welcomes the fact that sustainable development remains a fundamental requirement for the EIB; in particular, congratulates the EIB on its excellent results in terms of loan activity for environmental protection and social and economic cohesion; urges the EIB to give the same priority also to its external lending activities and to apply EU environmental standards as binding standards in its evaluation of project proposals outside the EU; calls on the EIB to ensure coherence of its external lending activities, in particular on the African continent with the European Consensus on Development2 and the achievement of the UN Millennium Development Goals, and asks the EIB to ensure that it engages actively with civil society, inter alia via consultation procedures;

Amendment 13 #

Motion for a resolution
Paragraph 19

19. Welcomes the fact that sustainable development remains a fundamental requirement for the EIB; in particular, congratulates the EIB on its excellent results in terms of loan activity for environmental protection and social and economic cohesion, and asks the EIB to ensure that it engages actively with civil society, inter alia via consultation procedures; 2 Joint statement by the Council and the representatives of the governments of the Member States meeting within the Council, the European Parliament and the Commission on European Union Development Policy: 'The European Consensus' - The European Consensus on Development (OJ C 46, 24.2.2006, pag. 1). encourages the EIB to reinforce its environmental and social policies further to improve and update its current standards, in particular concerning its external lending ;

Amendment 14 #

Motion for a resolution
Paragraph 20

20. Congratulates the EIB on the framework contracts signed by the Bank and the Commission: the Risk-Sharing Finance Facility (RSFF) and the Loan Guarantee Instrument for Trans-European Transport Network Projects (LGTT); encourages the Commission and the EIB to develop more joint instruments in support of European Union policies, while making efforts to mobilise private capital more fully to ensure implementation of the programme’s priority goals by 2013;

Amendment 15 #

Motion for a resolution
Paragraph 22

22. Reiterates its encouragement to the EIB to give priority to funding trans-European networks, including cross-border infrastructure that enables national networks to be interconnected, which is an essential element in developing a market economy centred upon social cohesion; calls on the EIB, with regard to the funding of Trans-European Networks (TENs), to give priority to infrastructure or transport projects with a lower or negative carbon footprint and to inform the European Parliament of the total emissions saved yearly, by the end of 2009;

Amendment 16 #

Motion for a resolution
Paragraph 22

22. Reiterates its encouragement to the EIB to give priority to funding trans-European networks, including cross-border infrastructure that enables national networks to be interconnected, which is an essential element in developing a market economy centred upon social cohesion; calls on the EIB to give priority to infrastructure or transport projects with a lower or negative carbon footprint and to inform Parliament by the end of 2009 about these projects including an estimate of the total emissions saved;

Amendment 17 #

Motion for a resolution
Paragraph 23

23. Suggests that, given the quality of the EIB’s human resources, its detachment and its experience of financing major infrastructure, the Commission should give it the task of carrying out a strategic reflection on the funding of infrastructure, taking into account the need for balanced regional development and excluding no possible scenarios: subsidies, payment of sums subscribed by the Member States to the EIB’s capital, loans (including EIB loans, for example those financed by special loans from the Member States ), innovative instruments such as RSFFs and LGTTs, financial engineering appropriate to long-term projects that are not immediately profitable, development of guarantee systems, creation of an investment section within the European budget, financial consortia between European, national and local authorities, public-private partnerships etc.;

Amendment 18 #

Motion for a resolution
Paragraph 25

25. Recalls that Parliament approved the Community’s participation in increasing the EIF’s capital in order to make available to the EIF the resources it needs to fulfil its task and implement the policy of economic and social cohesion;

Amendment 19 #

Motion for a resolution
Paragraph 28

28. Congratulates the EIB on the opening of new offices in the Member States, which will give the EIB better visibility and greater proximity to project leaders with a view to facilitating projects and will assist the EIB in forging closer links with organizations, institutions, and local authorities as regards the favourable development of the EU policy of balanced regional development as well as the accelerated involvement of the countries that have joined the EU since 2004;

Amendment 2 #

Motion for a resolution
Paragraph 5

5. Emphasises that the EIB pursues a ‘zero- tolerance’ policy towards fraud and corruption, and welcomes the rise in the number of investigations and the increased cooperation with OLAF; also calls on the EIB to adopt an Anti -fraud Policy and Procedures which include measures leading to i) an administrative debarment mechanism for companies found guilty of corruption by the Bank and other Multilateral Development Bands (MDBs), ii) a whistleblower protection policy, and iii)a review of the existing procurement guidelines ;

Amendment 20 #

Motion for a resolution
Paragraph 29 a (new)

29a. Calls on the EIB to operate in line with the principles of the Paris Declaration on Aid Effectiveness, which was endorsed on 2March 2005, particularly in delivering effective aid, enhancing mutual accountability, and adopting measurable development indicators in coherence with the UN Millenium Development Goals;

Amendment 21 #

Motion for a resolution
Paragraph 29 a (new)

29a. calls on the EIB to operate in developing regions in line with the principles of the Paris Declaration on Aid Effectiveness, which was endorsed on 2March 2005, particularly in delivering effective aid, enhancing mutual accountability, and adopting measurable development indicators;

Amendment 22 #

Motion for a resolution
Recital G

G.. whereas the EIB has made a reliable, competitive, sustainable energy supply one of its priorities, in addition to the following: economic and social cohesion, support for research, technologies and innovation, trans- European transport and energy networks, long-term viability of the environment, the fight against climate change, and support for small and medium-sized enterprises,

Amendment 3 #

Motion for a resolution
Paragraph 6

6. Welcomes the existence of a complaints office to receive and deal with external complaints, as well as of an appeals mechanism for complaints received via the European Ombudsman; supports this European Ombudsman/EIB’s dialogue but calls on the EIB to review its internal grievance mechanism and issue new appeal mechanism guidelines extended to all EIB financed operations;

Amendment 4 #

Motion for a resolution
Paragraph 6

6. Welcomes the existence of a complaints office to receive and deal with external complaints, as well as of an appeals mechanism for complaints received via the European Ombudsman; welcomes and actively supports dialogue between the European Ombudsman and the EIB; calls on the EIB to consequently review its internal grievance mechanism and issue new appeal mechanism guidelines extended to all EIB financed operations;

Amendment 5 #

Motion for a resolution
Paragraph 7

7. Welcomes the EIB’s desire for transparency in the framework of its disclosure policy, and the large amount of information that it makes available to the general public; encourages the EIB to develop the activities of its ‘Operations Evaluation’ department, which carries out an ex post evaluation of a representative sample of projects and programmes; calls on the EIB to extend its strive for transparency to the global loans it is providing and to disclose the final beneficiaries of global loans lent through financial intermediaries;

Amendment 6 #

Motion for a resolution
Paragraph 7

7. Welcomes the EIB’s desire for transparency in the framework of its disclosure policy, and the large amount of information that it makes available to the general public; encourages the EIB to develop the activities of its ‘Operations Evaluation’ department, which carries out an ex post evaluation of a representative sample of projects and programmes; calls on the EIB to comply with the transparency principle in line with its resolution of 19 February 2008 on transparency in financial matters1, disclosing the final beneficiaries of global loans lent through financial intermediaries;

Amendment 7 #

Motion for a resolution
Paragraph 7

7. Welcomes the EIB’s desire for transparency in the framework of its disclosure policy, and the large amount of information that it makes available to the general public, including, annually, the lists of projects funded, with brief information concerning said projects; encourages the EIB to develop the activities of its ‘Operations Evaluation’ department, which carries out an ex post evaluation of a representative sample of projects and programmes;

Amendment 8 #

Motion for a resolution
Paragraph 14

14. Notes the methodological choices adopted by the EIB to assess credit risks with a view to offsetting the disadvantages arising from lack of experience of losses on credits, while drawing attention to the need to introduce preventive measures to minimise the risks as regards maximum safeguarding of financial resources to ensure implementation of the goals of European policy;

Amendment 9 #