8 Amendments of Molly SCOTT CATO related to 2015/2127(INI)
Amendment 20 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Regrets the lack of diversity in the management committee, the board of governors and the board of directors of the EIB, in particular with regard to gender equality;
Amendment 31 #
Draft opinion
Paragraph 3
Paragraph 3
3. Notes the urgent need for an increase in EIB lending activity; asks Member States to explore innovative ways for stimulating credit demand in future oriented and job rich activities such as renewables, resource efficiency and the circular economy by means of medium-term fiscally neutral instruments such as deferred tax credits associated with eligible loans in these sectors;
Amendment 44 #
Draft opinion
Paragraph 4
Paragraph 4
4. Calls on the EIB to re-examine its strategic planning programme, given the high degree of concentration of funding for the four biggest economies in the EU accounting for more than 45%, and the disproportionate rise in unemployment levels in some other countries which remains at alarming levels, and which could hamper economic convergence in the EU and further damage growth prospects and social cohesion in specific countries and regions in the EU; emphasises the need to take into account the employment potential of the projects selected in those EU countries suffering from mass unemployment; emphasises the urgent need to stimulate investment in the green transition in the light of the Paris COP2 negotiations in 2015;
Amendment 89 #
Draft opinion
Paragraph 6
Paragraph 6
6. Calls on the EIB to refrain from cooperating with financial partners with a negative track record and to enforce prevention measures against tax havens, fraud and evasion as well as aggressive tax avoidance; in this vein calls on the EIB to refrain from lending to companies that have undertaken dishonest activities, such as Volkswagen, who have received over €4bn of loans from the EIB since 1990; calls for the EIB to reclaim these loans where they were not spent honestly;
Amendment 99 #
Draft opinion
Paragraph 7
Paragraph 7
7. Calls on the EIB to re-evaluate the private-public partnerships in terms of their profitability for the relevant economies and societies and to examine alternative methods of funding, possibly through increasing public investments and through the creation of green bonds or social bonds; urges with that perspective the EIB to work in cooperation with the ECB for enhancing the provision of eligible assets in the context of the ECB's asset purchase programme; calls for an assessment of the skills and knowledge of the EIB leadership in assessing green loans and financing;
Amendment 105 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Welcomes the fact that the EIB will be carrying out and requesting the publication of a climate assessment and calls for the EIB to conduct an audit of the skills of its current members to assess whether they are correctly qualified to make these judgements; Urges the EIB to present a comprehensive phase-out plan of its lending for non-renewable energy and its excessive support to large scale gas infrastructure;
Amendment 106 #
Draft opinion
Paragraph 7 b (new)
Paragraph 7 b (new)
7b. Calls on the EIB to follow the recommendations of the European Commission and the Waste Framework Directive and to prioritise investment in projects placed at the top of the waste hierarchy, such as waste prevention, and waste preparation for re-use or recycling, and to phase out any investment in end- of-pipeline infrastructure, such as landfills, mechanical biological treatment plants, incinerators or any other form of energy recovery;
Amendment 118 #
Draft opinion
Paragraph 8
Paragraph 8
8. Calls on the EIB to further enhance transparency and access to information both internally and for the public, especially regarding the selection, monitoring and evaluation of activities and programmes; calls for a public nomination target which would contribute to tackling the problem of underrepresentation of women in the leadership of the EIB;