New Documents
[NGO Study] The European Investment Bank in the South: In whose interest?
(February 8, 2006)
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Through analysis of original data, this report evaluates the EIB’s activities in African, Latin American and Asian countries. The report draws
on a recent European Parliament study and on case studies written by civil society groups from eight countries in the global south where the EIB operates; Zambia, Chad, Cameroon, Laos, The Philippines, Indonesia, Mexico and Brazil. This report argues that the EIB appears to be in practice a fundamentally demand- driven institution responding to the needs of its clients, readily financing projects where economic returns are high and guaranteed instead of prioritising lending for poverty alleviation or environmental protection.
CEE Bankwatch Network gratefully acknowledges EU funding support.