An unjustified assertion of blanket secrecy for the minutes of a meeting is inconsistent with the transparency policy at the European Investment Bank, according to a ruling in a complaint brought by Eye on Global Transparency. The decision might eventually provide new insight into the workings of consortium that controls a major international database. The EIB must now reconsider its initial...
The European Investment Bank Complaints Mechanism has recommended that the EIB reconsider withholding key information about the terms of an agreement to license GEMs data to a private company. The 2019 licensing agreement with ILX, a Dutch investment company, was unusual as the only instance in which the EIB granted a private company access to the Global Emerging Markets (GEMs) Risk...
Dr. Hubert Danso, Chairman, Africa investor (Ai) Group Every year of delayed green technology deployment costs the world an estimated $1.6 trillion in climate damages and lost opportunities—a stark reminder of the urgency to act. The challenge of achieving net-zero targets amidst systemic climate finance gaps is one of the defining crises of our time. Green technologies hold the key to unlocking...
