What changed
Adds calls for greater transparency, including detailed Board minutes, public access to documents, and disclosure of final beneficiaries. #3#4#5#7 Adds a call for an independent audit of risk-sharing instruments and a whistleblower protection policy. #9#18 The other changes are formal: decimal commas replaced with points throughout. #1#2#6#8
6 changes of substance, plus 22 formaland1 wording-only. Each change below carries a one-line ✦ note from the same model. Written from the two texts only — read the highlighted passages before relying on it.
The changes to the text itself, in document order. Cover page, citations (“having regard to …”), standard resolution paragraphs and punctuation-only edits are left out — they are in “Show every difference”.
Change #3 Substance
Adds a call for the EIB to publish detailed minutes of Board meetings, and moves the disbursement paragraph to a new number.
6. Highlights that the EIB’s total disbursements reached EUR 54.4 billion in 2023, with EUR 53.4 billion from its own resources, compared to EUR 54.3 billion (EUR 53.3 billion from its own resources) in 2022; observes that the EIF’s disbursements on private equity investments amounted to EUR 139.7 million in 2023, compared to EUR 113.7 million in 2022; notes that, according to an economic model developed jointly by the EIB’s Economics Department and the Commission’s Joint Research Centre, the EIB Group’s overall investment within the EU in 2023 is expected to create around 1 460 000 new jobs in the EU-27 by 2027 and boost the EU’s GDP by 1.03 percentage points; calls on the EIB Group to ensure a more balanced geographical distribution of investments to maximise their impact across all EU regions, promoting cohesive and inclusive growth throughout the Union, with particular attention to under-represented and less developed areas;
6. Calls on the EIB to improve its institutional transparency by publishing more detailed minutes of its Board of Directors’ meetings, including voting records and project-specific justifications, while respecting legitimate confidentiality where strictly necessary;
7. Highlights that the EIB’s total disbursements reached EUR 54,4 billion in 2023, with EUR 53,4 billion from its own resources, compared to EUR 54,3 billion (EUR 53,3 billion from its own resources) in 2022; observes that the EIF’s disbursements on private equity investments amounted to EUR 139,7 million in 2023, compared to EUR 113,7 million in 2022; notes that, according to an economic model developed jointly by the EIB’s Economics Department and the Commission’s Joint Research Centre, the EIB Group’s overall investment within the EU in 2023 is expected to create around 1 460 000 new jobs in the EU-27 by 2027 and boost the EU’s GDP by 1.03 percentage points; calls on the EIB Group to ensure a more balanced geographical distribution of investments to maximise their impact across all EU regions, promoting cohesive and inclusive growth throughout the Union, with particular attention to under-represented and less developed areas;
Change #4 Substance
Replaces a welcome of the EIB's policy against tax fraud with a note of its commitment and adds a call for stronger transparency.
8. Welcomes the fact9. thatNotes the EIB Group upholdsGroup’s acommitment rigorousto policyrigorously againstcombating tax fraud, tax evasion, tax avoidance, money laundering and terrorism financing; calls for further strengthening of the transparency of final beneficiaries, monitoring mechanisms, and access to public information to ensure full accountability;
Change #5 Substance
Adds a paragraph stressing the EIB should align transparency with Regulation (EC) No 1049/2001 and disclose project documents.
10. Stresses that the EIB, as an EU body, should fully align its transparency practices with the standards set in Regulation (EC) No 1049/2001 on public access to documents; calls on the Bank to ensure proactive disclosure of documents relating to projects financed and decisions taken, with only limited and justified exceptions; reiterates the importance of real public access as a cornerstone of institutional accountability;
Change #7 Substance
Adds a call for the EIB Group to disclose final beneficiaries of financing operations where feasible.
13. Calls on the EIB Group to systematically disclose, where feasible and in compliance with data protection obligations, the final beneficiaries of its financing operations, particularly for projects supported under EU budgetary guarantees and mandates, to ensure public trust and oversight;
Change #9 Substance
Adds a call for an independent audit of all risk-sharing instruments managed by the EIB Group.
16. Calls for an independent, comprehensive audit of all risk-sharing instruments managed by the EIB Group, including those linked to the RRF, to ensure the highest standards of transparency, accountability and avoidance of double funding risks;
Change #18 Substance
Adds a call for the EIB Group to establish a whistleblower protection policy in line with Directive (EU) 2019/1937.
46. Calls on the EIB Group to establish a Group-wide comprehensive and binding whistleblower protection policy in line with Directive (EU) 2019/1937, ensuring secure reporting channels, protection against retaliation, and full follow-up mechanisms;