The EIB Environmental and Social standards need concrete commitments
The Board of Directors of the European Investment Bank (EIB) could approve the new Environmental and Social Sustainability Framework (ESSF) next week, on 2 February 2022. Today and ahead of this decisive meeting, 22 civil society organizations addressed a letter to the bank’s Board of Directors.
The letter recalls the EIB to adopt robust commitments to Human Rights, Transparency and the Environment where the EIB operates.
A major overhaul of the draft ESSF is necessary for the Bank to uphold its commitment to support the sustainable development of the countries where it operates, particularly outside of the EU.