The European Investment Bank (EIB) is currently reviewing its Transport Policy and is closing today its public consultation on the matter. As part of the consultation, we as Counter Balance put down our contribution to the policy review.
Despite its climate commitments, the EIB’s transport operations are still far from aligned with the Paris Agreement. The bank’s approach to transport needs to undergo radical changes for it to be equipped to play a transformative role in the transition towards a low carbon future.
From reducing the demand of carbon-intensive transport, to more actively pursuing a modal shift and investing in climate-proof projects, you can read all our recommendations below.