The EIB has started the revision process of its transparency policy. In an open letter to vice-president de Fontaine-Vive to welcome this step as we believe a transparant and accountable EIB is in the interest of the bank as well as of all stakeholders. At the same time we point out four areas that are of particular concern and in which we urge the bank to make the necessary steps forward. The areas are (1) access by affected people to project information, (2) disclosure of information by the Bank, third parties and the regime of exceptions, (3) oversight and appeals system and (4) stakeholder engagement and public consultations.
The signatories to the letter are:
- Article 19
- Centre for Law and Democracy
- Counter Balance
- The Global Transparency Initiative
- WWF EPO