Activities of Dimitrios PAPADIMOULIS related to 2022/2062(INI)
Shadow opinions (1)
OPINION on the financial activities of the European Investment Bank – annual report 2022
Amendments (9)
Amendment 1 #
Draft opinion
Paragraph -1 (new)
Paragraph -1 (new)
-1. Highlights the fundamental role of the EIB as the EU’s public bank and as the only international financial institution entirely owned by EU Member States and fully guided by EU policies and standards in supporting the social and economic recovery and targeting investments for the materialisation of the Union’s objectives;
Amendment 11 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes the financial assistance provided to Ukraine; stresses the enormous social and economic consequences deriving from the COVID- 19 crisis followed by the invasion of Ukraine and their impact on fair, inclusive and sustainable growth, investment, resilience, employment, education and socio-economic inequalities;
Amendment 21 #
Draft opinion
Paragraph 3
Paragraph 3
3. Awaits the review of the Climate Bank Roadmap ahead of COP28; expects full alignment with the 1.5 degree pathway, including the exclusion of blue hydrogen infrastructure and road and highway financing, and the requirement to conduct a solid assessment of less carbon-intensive alternatives and ‘Scope 3’ emissions; calls on the EIB to implement the principle of energy efficiency and set the objective of tackling energy poverty in all its energy lending;
Amendment 25 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Calls on the EIB to support projects that deliver on the implementation of the European Pillar of Social Rights and the UN Sustainable Development Goals;
Amendment 49 #
Draft opinion
Paragraph 6
Paragraph 6
6. Calls on EIB Global to devise a strategy centred on development additionality; stresses the importance of avoiding further geographical imbalances in the EIB’s lending activity so as to ensure a broader geographical and sectoral allocation of investments, reduce regional disparities and enhance economic and social convergence; calls on the EIB to address systemic shortcomings that prevent certain regions or countries from taking full advantage of its financial activities;
Amendment 55 #
Draft opinion
Paragraph 7
Paragraph 7
7. Is concerned that the EIB has, at least once, failed to conduct a full inquiry into allegations of bribery and misuse of funds involving a financial intermediary outside the EU; calls on the EIB to reopen all such cases; calls on the EIB to commit to strengthen its policy against tax fraud, tax evasion and tax avoidance, including by refraining from funding beneficiaries or financial intermediaries and from cooperating with financial partners with a proven negative track record; calls on the EIB to enforce prevention measures and regular tax assessments against non- cooperative tax jurisdictions, tax and fiscal fraud and tax evasion, as well as illegal and aggressive tax avoidance;
Amendment 64 #
Draft opinion
Paragraph 8
Paragraph 8
8. Takes note of the information note on the EIB’s human rights approach2; calls for clear and binding rules, in particular on human resources due diligence assessment and on disengagement; calls on the EIB to strengthen its human rights policy and to increase the human rights dimension in its project planning, including by providing a Human Rights Strategy as well as HR Assessment and Evaluation of its programmes, also on the ground, to ensure that local communities are consulted and that the right to free prior and informed consent (FPIC) is implemented in a systematic manner; calls, furthermore, on the EIB to develop specific policies on human rights defenders and protocols to respond to risks of reprisals; _________________ 2 EIB, The European Investment Bank’s approach to human rights, information note, Luxembourg, 6 February 2023.
Amendment 71 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Calls on the EIB to increase its reporting to Parliament regarding its decisions, progress achieved and the impact of its lending activities, notably through regular structured dialogues, and to apply the same reporting and accountability provisions as set out in the EFSI Regulation; reiterates its request for an interinstitutional agreement between Parliament and the EIB in order to improve access to EIB documents and data;
Amendment 73 #
Draft opinion
Paragraph 9 b (new)
Paragraph 9 b (new)
9 b. Calls on the EIB to actively promote balanced gender representation in its managerial and senior positions; calls on the EIB to further enhance the promotion of all forms of diversity and inclusion within its organisation and to set ambitious targets;