Le rôle de la Banque européenne d’investissement dans le domaine du développement
Summary
The document examines the European Investment Bank's (EIB) involvement in development projects, particularly in Africa, the Caribbean, and the Pacific (ACP) under the Cotonou Agreement. It highlights a gap between the EIB's financial activities and the EU's sustainable development and poverty eradication goals, noting a lack of transparent project evaluations and public consultation. The text concludes with recommendations for the EIB to adopt binding sustainability criteria and establish an independent inspection mechanism.
Key insights
- The EIB's lending to ACP countries has grown significantly, with its ACP portfolio increasing from 491 million euros in 1999 to 520 million euros in 2001. The bank plans annual loan increases of 4.9% until 2010 in sectors including energy, agriculture, water, transport, and construction.
- In June 2003, the EIB established the Cotonou Agreement Investment Facility to support the private sector, specifically small and medium-sized enterprises, with 2.2 billion euros from EU member states and 1.7 billion euros from the bank's own resources. To support this, the EIB opened regional offices in Dakar, Nairobi, and Pretoria.
- The EIB is criticized for evaluating projects based on economic, financial, and technical criteria rather than sustainable development, failing to integrate the Cotonou Agreement's central goal of poverty eradication into its own objectives.
Cite the original document
- APA
- Friends of the Earth International (n.d.). Le rôle de la Banque européenne d’investissement dans le domaine du développement. https://www.foei.org/wp-content/uploads/2020/12/EIBfactsheet5.pdf
- Chicago
- Friends of the Earth International. Le rôle de la Banque européenne d’investissement dans le domaine du développement. n.d. https://www.foei.org/wp-content/uploads/2020/12/EIBfactsheet5.pdf.
- Wikipedia
- {{cite report |author=Friends of the Earth International |title=Le rôle de la Banque européenne d’investissement dans le domaine du développement |url=https://www.foei.org/wp-content/uploads/2020/12/EIBfactsheet5.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{friendsoftheearthinternationalndrle, author = {{Friends of the Earth International}}, title = {{Le rôle de la Banque européenne d’investissement dans le domaine du développement}}, institution = {Friends of the Earth International}, url = {https://www.foei.org/wp-content/uploads/2020/12/EIBfactsheet5.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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