CEE Bankwatch Network

🔎The European Investment Bank is reviewing its Complaints Mechanism Policy – the framework through which communities harmed by EIB-funded projects can seek redress. This review is long overdue. Why?

The current mechanism has failed the people it’s supposed to protect. Despite the EIB deploying 90% of its financing within the EU, 88% of complaints in 2025 came from outside the EU – mostly from communities facing displacement, loss of livelihoods, and inadequate consultation on projects that affect their lives.

⚖The revised draft policy shows promise. But the reform must go further to strengthen the mechanism’s independence, improve transparency, and ensure complainants have their say.

🔗Our new blog post sets out what a genuinely accountable EIB Complaints Mechanism should look like. Read it here: https://bankwatch.org/blog/a-new-chapter-for-the-eib-group-complaints-mechanism

📢What matters more: how quickly funds are spent or whether they deliver climate benefits?

The Czech Republic’s flagship industry programme has more than CZK 81 billion to support innovation, energy efficiency and decarbonisation. Yet its monitoring focuses largely on how much money is spent, while key environmental indicators such as energy savings, emissions cuts and circular economy impacts remain sidelined.

🪙Without transparent tracking of outcomes, there is no way to know whether public funding is driving real change or simply meeting spending targets.

👉 Read the full blog post:

Spending without substance: Czech flagship industry programme fails to track climate impact - Bankwatch The Operational Programme Technologies and Applications for Competitiveness (OP TAC) is one of the Czech Republic’s flagship EU funded programmes for the 2021–2027 period.