Media Room
Our activities 2007 - 2009  
2007    
September 27-28
European Investment Bank's Forum 2007. “Investing in Energy – Mastering Climate Change” in Ljubljana, Slovenia
As the EIB opened its two-day annual forum – entitled "Financing Energy – Mastering Climate Change" – in the Slovenian capital, Counter Balance called attention to the EIB’s energy lending in the last five years that has seen the bank lend four times as much money to fossil fuel projects than it has loaned to solar, wind and wood biomass energy sources altogether.
Download the press release in pdf  
Photos from the NGOs action:
 
 
     
October 5
Conference “The European Union's Financing in the Energy Sector in Africa” in Berlin, organised by Counter Balance, in particular WEED and urgewald
Download the notes from the conference  
Download the conference blueprint  
Download the invitation in pdf  
More information online:
International Conference: The European Union's Financing in the Energy Sector in Africa  
 
   
November 7-9
Counter Balance at EU Development Days in Lisbon
At the European Development Days in Lisbon NGO campaigners concerned about the expanding financing role of the European Investment Bank in developing countries have called for the Bank to urgently strengthen its lending standards and procedures. The coalition had a stand in the Development village and participated in the regular CSO workshop organised by the EIB presenting the newly released report commissioned by CEE Bankwatch Network and written by Dr Christopher Wright, Visiting researcher at the Center for Development and Environment at the University of Oslo “EIB: promoting development where appropriate”
Download the report in pdf  
More information online:
About European Development Days in Lisbon  
About coalition's stand  
About CSO workshop organised by the EIB 
 
     
November 29


Press Release: “European Parliament passes resolution to end taxpayer support for fossil fuels projects”
Download the press release in pdf  
 
2008    
February 28
Launch of new report: “The Gilbel Gibe Affair: An analysis of the Gilbel Gibe hydroelectric projects in Ethiopia”
Download the press release in pdf  
Download the full version of the report in pdf  
 
     
March 13
European Investment Bank announces endorsing and supporting the Extractive Industries Transparency Initiative (EITI)
Download the press release in pdf  
 
     
April 23
Conference on Impact Assessment in London, organised by Counter Balance and Bretton Woods Project
Download the invitation in pdf  
Download the agenda in pdf  
 
     
June 3
“Life begins at 50 for European Investment Bank, hopes civil society” – public event in Luxembourg around the annual general meeting of the European Investment Bank
Download the press release in pdf  
Photos from the NGOs action:
Watch the videos from the action  
 
     
July 1
Joint Counter Balance and Euro Parliament conference to debate the challenges for the European Investment Bank as it turns 50
Download more information about the event in pdf  
Download the invitation in pdf  
Download the agenda in pdf  
 
     
July 15
Press Release: “Counter Balance warns against unconditional role for European Investment Bank in Central Asia, launches new website”
Download the press release in pdf  
 
     
October 31
Conference “Coherent for development? Development check of the financing activities of the European Investment Bank” in Berlin, organised by Counter Balance, urgewald and WEED.
The report: “Coherence for Development: Development check of the financing activities of the European Investment Bank” is a result of the conference.
Download the background information, invitation and the agenda in pdf  
Download the report in pdf  
 
     
November 12
Press Release: “European Court of Justice ruling puts EU house bank on the spot: deliver on development role or stop lending outside Europe”
Download the press release in pdf  
 
     
December 2-3
Testimonies from African civil society representatives speaking about projects in their countries supported by the European Investment Bank, Paris - Brussels
Download the invitation for 2-12-2008  
Download the invitation for 3-12-2008  
Download the press release in pdf  
 
2009    
March 25
Press Release: “Members of the European Parliament vote for increased transparency and accountability of the European Investment Bank in its loans to developing countries”
Download the press release in pdf  
 
     
March 30 - April 1
“The World In Crisis: Economies and Policies for Global Transformation”
Conference organised by Prague Global Policy Institute – Glopolis and co-organised by Counter Balance coalition amongst a list of development and environmental civil society organizations, with a dedicated workshop on the role of the European Investment Bank “What’s the EU house bank doing away from home”
More information online:
About conference  
Download the press release in pdf  
Download the invitation 
 
     
June 9
Counter Balance joined by NGOs from across Europe call on the EIB to stop providing loans to companies and financial institutions registered in offshore financial centres and become a leader in the fight against capital flight.
Download the press release in pdf  
Photos from the NGOs action:
 
     
July 15
Launch of the report “Flying in the face of development. How European Investment Bank loans enable tax havens”, commissioned by the Counter Balance coalition to Eurodad policy analyst Marta Ruiz.
Download the report in pdf  
Download the press release in pdf  
 
     
August 25
The EIB adopts an interim policy towards offshore financial centres.
Counter Balance welcomes this step as the first one in the right direction and calls on the EU's house bank to take the lead worldwide in developing a more stringent definition of offshore financial centers and prohibited jurisdictions. In this regard, the prohibited lists internationally used do not go far enough.
Download the press release in pdf  
 
     
October 22-24
Counter Balance at European Development Days in Stockholm
Counter Balance coalition was present at the European Development Days in Stockholm. Coalition’s publications, multimedia, and photo exhibition were available for public on the Counter Balance stand.
Download the press release in pdf  
More information online:
About European Development Days in Stockholm  
 
 
     
November 18-19
“The European Investment Bank – ready for development?”
Conference on the EU house bank's new role as a development institution, and the reforms needed to address its new challenges.
Download the poster  
Download the invitation in pdf  
Download the agenda for 18-11-2009 in pdf  
Download the agenda for 19-11-2009 in pdf  
Download the synthesis from the conference in pdf  
Go to the conference website:
The European Investment Bank - Ready for development ?
Photos from the NGOs action:

Watch the conference movie on Counter Balance website
 
     
November 25
Ugandan affected communities supported by local and international civil society organisations and lawyers launched a complaint against EUR 95 million EIB loan for Bujagali Hydropower Dam.
Following the findings of a field mission to Uganda in April 2009, Counter Balance, in collaboration with Human Rights Lawyers of Sherpa (France) and CLAI (Italy), Ugandan local communities, and the Ugandan National Association of Professional Environmentalists (NAPE), filed a complaint against the European Investment Bank, following the successful outcomes of an earlier complaint filed against the World Bank through the its Inspection Panel.
Download the text of the complaint in pdf  
Download the press release in pdf  
Watch the video