Activities of Margarida MARQUES related to 2022/2062(INI)
Plenary speeches (1)
Financial activities of the European Investment Bank – annual report 2022 - Control of the financial activities of the European Investment Bank - annual report 2022 (joint debate - European Investment Bank)
Amendments (26)
Amendment 13 #
Motion for a resolution
Recital C c (new)
Recital C c (new)
C c. whereas current estimates show that the EU must invest an extra EUR 350 billion a year to achieve its 2030 climate targets;
Amendment 18 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
C a. whereas the prices of energy commodities, food, and other raw materials have reached unprecedented high levels and continue to be the source of economic instability in the EU’s economy;
Amendment 19 #
Motion for a resolution
Recital C b (new)
Recital C b (new)
Amendment 20 #
Motion for a resolution
Recital C d (new)
Recital C d (new)
C d. whereas a more integrated Capital Markets Union would ease the work of the EIB to unlock investment, boosting and diversifying investments in the real economy, in particular in SMEs, and triggering further cross-border equity investment and trade;
Amendment 22 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Appreciates the way the EIB is constantly ready to adapt and reinvent itself in line with the constantly changing EU policy requirements while respecting its long-term goals;
Amendment 23 #
Motion for a resolution
Paragraph 1 b (new)
Paragraph 1 b (new)
1 b. Notes the persistent investment gap in the EU and the increased need of countercyclical investment as the EU enters its fourth year of crisis through the pandemic and the subsequent Russian invasion of Ukraine; in this regard, welcomes the EIB’s crucial role as a main tool in the EU’s investment policy to act where private financing is missing; calls on the EIB to assure the maximum level of additionality in real economy investment with the aim of fostering sustainable growth as well as social and regional cohesion when deciding over future financing;
Amendment 24 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the EIB’s investment of EUR 72.4 billion of financing in 2022 and the bank’s focus on the EU’s long-term challenges of competiveness, productivity, climate change, a just transition that leaves nobody behind, sustainability, social cohesion and digital transformation;
Amendment 45 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Notes the ongoing levels of high inflation and in this regard asks the EIB to assess the possible increased financial needs of ongoing projects;
Amendment 50 #
Motion for a resolution
Paragraph 8 c (new)
Paragraph 8 c (new)
8 c. Reiterates the remarks by EIB Vice President Kris Peeters that commercial banks across the EU will be prone to court cases due to failing due diligence processes and climate transition plans; calls for a level playing field and legal certainty on EU due diligence requirements through the swift adoption of the corporate sustainability due diligence directive; calls on the EIB to commit to incorporating due diligence standards to address and mitigate adverse impacts of its investment decisions on human rights and the environment;
Amendment 73 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Reiterates its call on the EIB to complement efforts to build a data-driven society, with a particular focus on SMEs’ competitiveness and to focus its investment in this field towards bridging digital divides both within the EU, as well as between the EU and other technologically more advanced world regions;
Amendment 77 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Stresses the need for the EIB to have a strong focus on start-ups and projects directed at tackling the growing problem of youth unemployment in the context of creating secure and high- quality jobs;
Amendment 83 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18 a. Notes the Commission’s proposal to work with the European Investment Bank and other InvestEU implementing partners to seek ways to scale up support to investment in the net-zero industry supply chain, including via the setting up of blending operations;
Amendment 86 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Encourages the EIB to use its operations to facilitate the implementation of the goals of the Green Deal, particularly becauseaiming at an inclusive and fair climate transition; furthermore calls for these goals to be combined with the affordability and security of food which has deteriorated worldwide in the context of the ongoing war in Ukraine;
Amendment 107 #
Motion for a resolution
Subheading 4 a (new)
Subheading 4 a (new)
Social Elements
Amendment 108 #
Motion for a resolution
Paragraph 23 b (new)
Paragraph 23 b (new)
23 b. In line with the principles established in the European Pillar of Social Rights, and in view of the current EU housing crisis, expects an increase in EIB financed operations in the area of social housing; furthermore asks the EIB to keep up its focus on women economic empowerment and gender equality when targeting new financing;
Amendment 109 #
Motion for a resolution
Paragraph 23 c (new)
Paragraph 23 c (new)
23 c. Notes the shortage in specialised labour in most of the EU and in this vein believes that the areas of education and skills are not provided the needed priority;
Amendment 110 #
Motion for a resolution
Paragraph 23 d (new)
Paragraph 23 d (new)
23 d. Is concerned about the systemic weakening of healthcare systems in many Member States of the EU and the ongoing medicine shortage in the EU which includes basic medicine such as paracetamol and antibiotics; further recalls the general scarcity of medicine products and medical equipment experienced during the COVID pandemic; in this context calls on the EIB to evaluate the possibilities to further invest in this sector with the aim to tackle the structural European deficiency in the health sector;
Amendment 111 #
Motion for a resolution
Paragraph 23 e (new)
Paragraph 23 e (new)
23 e. Applauds the financing dedicated to assistance towards refugees in reception centres or temporary education under the Ukraine solidarity package; requests that a similar priority is provided to refugees escaping from conflicts in other neighbouring regions of the EU;
Amendment 127 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Underlines that enhancing local presence and increasing cooperation with the EU delegations was a key driver in the establishment of EIB Global; reiterates its calls for additional staff on the ground, particularly in view of contracting more employees from the countries where the financing is taking place; supports the EIB’s approach to open regional offices in Africa and employ local applicants in these offices with the aim of adapting its requirements to local needs;
Amendment 128 #
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26 a. Asks the EIB to evaluate better its effectiveness when it comes to financing for SMEs and mid-caps in Africa whereby the relatively small size of projects seems to be often a hurdle towards access to finance; calls for an evaluation of a possible design of instruments that facilitate investment by EU SMEs in third countries, and increase their access to finance, including with respect to smaller projects; notes the importance of the EIB’s role in creating a level playing field for SMEs based in Member States whose national development banks do not have the capacity to promote investment in third countries;
Amendment 132 #
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27 a. Points out to the essential role of direct financing in countries from where the bulk of irregular migration into Europe originates in the perspective of slowing down forced economic immigration from these regions and of contributing further to the development and economic empowerment of these communities;
Amendment 134 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Stresses the importance of consistency and efficiency in development finance and calls on the EIB to place greater emphasis on mobilising domestic resources and for a general increase of its commitment in less developed countries;
Amendment 136 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Welcomes the launch of the Development Finance Institutions Transparency Index in 2023 and that fact that the associated report ranks the EIB at a similar level to peer development finance institutions in a number of areas, including financial intermediaries and environmental, social and governance and accountability to communities; calls for clear and comprehensive information to be shared with other EU institutions, the European Parliament in particular;
Amendment 137 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. Regrets the fact that women remain underrepresented in senior positions and in the core areas of activity at the EIB; recalls its position that more needs to be done to improve both its gender and geographical balance in this context;
Amendment 140 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31 a. Queries whether the EIB has the needed human resources in light of the ongoing expansion of its functions and responsibilities;
Amendment 143 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Takes note of the EIB’s new anti- fraud policy and underlines the importance of inclusive cooperation when developing key anti-fraud policy tools; notwelcomes that the EIB has adopted and published the EIB Group Policy towards weakly regulated, non-transparent and non-cooperative jurisdictions and tax good governance, which is complimentary to the EIB Group Anti-Money Laundering and Combatting the Financing of Terrorism Policy;