El papel que juega el Banco Europeo de Inversiones en el desarrollo

The EIB is a central financial institution for EU relations with developing countries, particularly those in the ACP region. While it operates under the Cotonou Agreement, the document argues that the EIB prioritizes economic and technical evaluations over sustainable development and poverty eradication. The report highlights significant gaps in public information and project evaluation, noting that many venture capital operations lack public scrutiny. It recommends that the EIB adopt international standards like the Millennium Development Goals, implement mandatory public consultations, and establish an independent inspection mechanism for affected communities.

• The EIB's lending portfolio in ACP countries grew from 491 million Euros in 1999 to 520 million Euros in 2001, with loans distributed across energy, agriculture, water, transport, and construction projects.
• On June 2, 2003, the EIB established the Cotonou Agreement Investment Facility to channel funds to the private sector, specifically small and medium-sized enterprises, with a projected disbursement of 2.2 billion Euros between 2003 and 2008.
• Unlike the World Bank, the EIB does not provide structural adjustment loans and its loans are not officially tied to conditions affecting government policy, which has kept the bank out of debt-related debates.
• Despite the Cotonou Agreement's goals of poverty eradication and sustainable development, the EIB evaluates projects based on economic, financial, and technical terms rather than sustainable development goals.
• The EIB's information policy is described as deficient; between 1989 and 1999, only 31 projects (17% of operations) from four countries were mentioned in the Venture Capital Operations evaluation report, leaving many projects without public scrutiny.
• The EIB participated as an observer in the G-7 Finance Ministers' Meeting in February 2003, where the 'Rome Declaration on Harmonization' committed Multilateral Development Banks to align operational policies with partner countries' priorities and the Millennium Development Goals (MDGs).
• NGOs recommend that the EIB implement mandatory public consultations for projects with significant environmental and social impacts and create an independent inspection and appeal mechanism for affected communities.

APA

Friends of the Earth International (2003). El papel que juega el Banco Europeo de Inversiones en el desarrollo. https://www.foei.org/wp-content/uploads/2020/12/EIB-_fact-sheet_5SPabril.pdf

Chicago

Friends of the Earth International. El papel que juega el Banco Europeo de Inversiones en el desarrollo. 2003. https://www.foei.org/wp-content/uploads/2020/12/EIB-_fact-sheet_5SPabril.pdf.

Wikipedia

{{cite report |author=Friends of the Earth International |title=El papel que juega el Banco Europeo de Inversiones en el desarrollo |date=2003 |url=https://www.foei.org/wp-content/uploads/2020/12/EIB-_fact-sheet_5SPabril.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{friendsoftheearthinternational2003papel, author = {{Friends of the Earth International}}, title = {{El papel que juega el Banco Europeo de Inversiones en el desarrollo}}, institution = {Friends of the Earth International}, year = {2003}, url = {https://www.foei.org/wp-content/uploads/2020/12/EIB-_fact-sheet_5SPabril.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }