Sittings · Document

Draft report (2025/2237(INI)) 2026-03-06

Control of the financial activities of the European Investment Bank Group — annual report 2024

Committee on Budgetary Control

Official HTML ↗ PDF DOCX

AM_Com_NonLegReport

Amendment 1

Rudi Kennes

Motion for a resolution

Citation 1 a (new)

Motion for a resolution

Amendment

– having regard to the EIB Transparency Policy, as approved on 17 November 2021, and amended on 16 July 2025,

Or. en

Amendment 2

Rudi Kennes

Motion for a resolution

Citation 1 b (new)

Motion for a resolution

Amendment

– having regard to the EIB list of excluded activities, published on 17 July 2025,

Or. en

Amendment 3

Rudi Kennes

Motion for a resolution

Citation 2

Motion for a resolution

Amendment

– having regard to European Court of Auditors Special Report 07/2025 of 19 March 2025 on the European Fund for Strategic Investments,

– having regard to European Court of Auditors Special Report 07/2025 of 19 March 2025 on the European Fund for Strategic Investments, and the Opinion 01/2026 published on 12 January 2026,

Or. en

Amendment 4

Rudi Kennes

Motion for a resolution

Citation 2 a (new)

Motion for a resolution

Amendment

– having regard to the EIB Climate Bank Roadmap Phase 2 2026-2030, published on 3 October 2025,

Or. en

Amendment 5

Carla Tavares

Motion for a resolution

Citation 2 a (new)

Motion for a resolution

Amendment

– having regard to the EIB Board´s decision of 21 of March 2025,

Or. en

Amendment 6

Rudi Kennes

Motion for a resolution

Citation 2 b (new)

Motion for a resolution

Amendment

– having regard to the EIB Operational Plan 2026-2028, published on 29 January 2026,

Or. en

Amendment 7

Carla Tavares

Motion for a resolution

Citation 2 b (new)

Motion for a resolution

Amendment

– having regard to the EIB Group’s Strategic Roadmap 2024-2027,

Or. en

Amendment 8

Dick Erixon

Motion for a resolution

Recital -A (new)

Motion for a resolution

Amendment

-A. whereas the EIB Group includes the EIB and the European Investment Fund (EIF), the former standing as the world largest multilateral financial institution, entirely owned by the Member States;

Or. en

Amendment 9

Dick Erixon

Motion for a resolution

Recital -A a (new)

Motion for a resolution

Amendment

-A a. whereas the activities of a public bank should be to tackle clear market failures where private finance is lacking;

Or. en

Amendment 10

Rudi Kennes

Motion for a resolution

Recital A

Motion for a resolution

Amendment

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost economic growth in the EU; whereas its investments should address genuine market failures;

A. whereas the European Investment Bank (EIB) Group is tasked with contributing to the balanced and steady development of the economy of the Union; whereas the Bank should operate on a not-for-profit basis and finance projects that foster social and territorial cohesion, innovative projects, and projects of common interest which cannot be entirely financed by individual Member States, and support the achievement of Union’s policies and actions;

Or. en

Amendment 11

Dirk Gotink

Motion for a resolution

Recital A

Motion for a resolution

Amendment

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost economic growth in the EU; whereas its investments should address genuine market failures;

A. whereas the European Investment Bank (EIB) Group should, according to the Treaty provisions, contribute the balanced and steady development of the internal market in the interest of the Union; whereas its investments should focus on projects aiming at developing of the internal market or projects of common interest which cannot be entirely financed by the various means available in a Member State;

Or. en

Amendment 12

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital A

Motion for a resolution

Amendment

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost economic growth in the EU; whereas its investments should address genuine market failures;

A. whereas the European Investment Bank (EIB) Group’s core mission is to support the Union’s policy objectives as laid down in the Treaties, including sustainable development, economic, social and territorial cohesion and the transition to climate neutrality; whereas EIB interventions should address genuine market failures and deliver demonstrable additionality and value for money;

Or. en

Amendment 13

Carla Tavares

Motion for a resolution

Recital A

Motion for a resolution

Amendment

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost economic growth in the EU; whereas its investments should address genuine market failures;

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost Europe's potential in terms of jobs and growth; whereas its investments should address market failures while fostering European integration, social and regional cohesion, and the fair green and digital transitions;

Or. en

Amendment 14

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Recital A

Motion for a resolution

Amendment

A. whereas the European Investment Bank (EIB) Group’s core mission is to boost economic growth in the EU; whereas its investments should address genuine market failures;

A. whereas the European Investment Bank (EIB) Group’s core mission is foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world ; whereas its investments should address genuine market failures and investment gaps;

Or. en

Amendment 15

Dirk Gotink

Motion for a resolution

Recital A a (new)

Motion for a resolution

Amendment

A a. whereas the EIB Group contributes to the promotion of economic, social and territorial cohesion in the Union and supports the implementation of measures outside the EU that support the development cooperation policy of the Union;

Or. en

Amendment 16

Carla Tavares

Motion for a resolution

Recital B

Motion for a resolution

Amendment

B. whereas social policy areas are primarily national competences; whereas EIB financing cannot be used as a substitute for national budgets and must demonstrate genuine additionality;

B. whereas EIB financing has a proven capacity to support, together with national budgets, the social sector, including housing, health and education, thereby tackling unemployment, poverty, and social exclusion; whereas the EIB Group’s Strategic Roadmap 2024-2027 identifies social infrastructure as a key cross-cutting priority;

Or. en

Amendment 17

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital B

Motion for a resolution

Amendment

B. whereas social policy areas are primarily national competences; whereas EIB financing cannot be used as a substitute for national budgets and must demonstrate genuine additionality;

B. whereas EIB financing should complement, not replace, national budgets and private finance, and should be directed to areas where it provides clear European added value, additionality and measurable results, including through well-designed social investment and cohesion-relevant projects;

Or. en

Amendment 18

Rudi Kennes

Motion for a resolution

Recital B

Motion for a resolution

Amendment

B. whereas social policy areas are primarily national competences; whereas EIB financing cannot be used as a substitute for national budgets and must demonstrate genuine additionality;

B. whereas articles 151 and 153 of TFEU mandate the Union to support and complement the activities of the Member States in matters of social policy;

Or. en

Amendment 19

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Recital B

Motion for a resolution

Amendment

B. whereas social policy areas are primarily national competences; whereas EIB financing cannot be used as a substitute for national budgets and must demonstrate genuine additionality;

B. whereas in areas which are primarily of national competence EIB support should respect the subsidiarity principle and be justified by EU added value;

Or. en

Amendment 20

Carla Tavares

Motion for a resolution

Recital B a (new)

Motion for a resolution

Amendment

B a. whereas the housing sector is of general interest but faces reduced public investments and fewer non-repayable grants which makes continued EIB investment for public, social, and cooperative housing providers, in response to the ongoing EU housing crisis, crucial for this sector;

Or. en

Amendment 21

Carla Tavares

Motion for a resolution

Recital B b (new)

Motion for a resolution

Amendment

B b. whereas the EIB Global lending arm, which was launched in 2022, is of key importance in terms of Europe’s position in the world;

Or. en

Amendment 22

Carla Tavares

Motion for a resolution

Recital B c (new)

Motion for a resolution

Amendment

B c. whereas the Letta and Draghi reports on the future of the European Union call for strengthening the EU’s competitiveness, emphasize the vital role of market integration and underscore the need to accelerate both public and private investment to build a stronger, more secure, autonomous, and fair Europe;

Or. en

Amendment 23

Carla Tavares

Motion for a resolution

Recital B d (new)

Motion for a resolution

Amendment

B d. whereas the EIB has a key role, through the EIF, in supporting small and medium-sized enterprises (SMEs), enhancing their ability to access financial markets;

Or. en

Amendment 24

Rudi Kennes

Motion for a resolution

Recital C

Motion for a resolution

Amendment

C. whereas the depth and quality of Parliament’s oversight of the EIB’s financial operations should be in line with the intensity of EIB-Commission cooperation, which has become very significant;

C. whereas the depth and quality of Parliament’s oversight of the EIB’s financial operations should be in line with the intensity of EIB-Commission cooperation, which has become very significant; whereas more robust measures are needed to enhance democratic accountability of the EIB particularly through increased parliamentary scrutiny;

Or. en

Amendment 25

Carla Tavares

Motion for a resolution

Recital C

Motion for a resolution

Amendment

C. whereas the depth and quality of Parliament’s oversight of the EIB’s financial operations should be in line with the intensity of EIB-Commission cooperation, which has become very significant;

C. whereas the EIB’s growing role should be accompanied by greater democratic accountability and transparency; whereas the depth and quality of Parliament’s oversight of the EIB’s financial operations should be in line with the intensity of EIB-Commission cooperation, which has become very significant;

Or. en

Amendment 26

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital C

Motion for a resolution

Amendment

C. whereas the depth and quality of Parliament’s oversight of the EIB’s financial operations should be in line with the intensity of EIB-Commission cooperation, which has become very significant;

C. whereas Parliament’s oversight should be commensurate with the EIB Group’s increasing role in implementing Union policies and Union-budget backed instruments; whereas this requires transparent reporting, audit access and structured follow-up to Parliament’s recommendations;

Or. en

Amendment 27

Rudi Kennes

Motion for a resolution

Recital C a (new)

Motion for a resolution

Amendment

C a. whereas the involvement of investigative journalists and independent media, civil society organisations, research institutions, and local stakeholders affected by EIB-financed projects is essential to enhance transparency and public scrutiny over EIB activities;

Or. en

Amendment 28

Dirk Gotink

Motion for a resolution

Recital D a (new)

Motion for a resolution

Amendment

D a. whereas the EIB’s business model demands the highest standards of integrity, accountability and transparency, and adequate measures need to be adopted and continuously updated to avoid financing all forms of fraud, money laundering, terrorism, and organised crime and tax avoidance; whereas the EIB Group possesses a control framework with the aim of preventing and mitigating sanctions risks;

Or. en

Amendment 29

Tamás Deutsch

Motion for a resolution

Recital D a (new)

Motion for a resolution

Amendment

D a. whereas the EIB’s AAA credit rating constitutes a strategic asset for the European Union and its Member States; whereas preserving this rating requires prudent risk management, particularly in times of geopolitical and economic uncertainty;

Or. en

Amendment 30

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital D a (new)

Motion for a resolution

Amendment

D a. whereas the EIB should apply the highest standards of risk management, transparency and accountability, including disclosure of methodologies for additionality, risk rating and climate impact, and strong safeguards to prevent moral hazard;

Or. en

Amendment 31

Rudi Kennes

Motion for a resolution

Recital D a (new)

Motion for a resolution

Amendment

D a. whereas the EIB is the EU's Climate Bank and, as such, must not invest in fossil fuels or in any polluting method of energy production and transport, including non-renewable hydrogen, pipelines, CCS, and CCUS;

Or. en

Amendment 32

Dick Erixon

Motion for a resolution

Recital D a (new)

Motion for a resolution

Amendment

D a. whereas this report focuses on the control dimension of EIB activities, assessing value for money, accountability and the sound management of EU resources;

Or. en

Amendment 33

Rudi Kennes

Motion for a resolution

Recital D b (new)

Motion for a resolution

Amendment

D b. whereas de-risking is an instrument employed in European investment programmes, such as InvestEU, which is meant to encourage private investors to engage in projects that are serving European policy goals despite small profit margins; whereas de-risking of investments is currently mainly serving the interest of private companies, bound by few or no conditionalities to achieve specific EU policy goals; whereas in the event of bankruptcy, the costs of unsuccessful projects are covered by public funds; whereas there are no safeguards preventing de-risked investments from being transferred to non-EU owners;

Or. en

Amendment 34

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital D b (new)

Motion for a resolution

Amendment

D b. whereas effective whistleblower protection and a strong internal reporting culture are essential elements of sound financial management and fraud prevention; whereas the credibility of the EIB’s governance architecture depends on the independence, accessibility and effectiveness of its whistleblowing mechanisms;

Or. en

Amendment 35

Dick Erixon

Motion for a resolution

Recital D b (new)

Motion for a resolution

Amendment

D b. whereas the EIB Group has internal mechanisms for accountability, which are, however, not a substitute for independent external democratic control and oversight by the European Court of Auditors;

Or. en

Amendment 36

Rudi Kennes

Motion for a resolution

Recital D c (new)

Motion for a resolution

Amendment

D c. whereas the additionality principle implies that socially, environmentally, and economically desirable investments would not take place without the EIB’s contribution; whereas the ECA 07/2025 special report suggest that additionality of the InvestEU allocations cannot be assessed ex-post; whereas the lack of convincing methodology to measure additionality might put in question the rationale of specific investments;

Or. en

Amendment 37

Dick Erixon

Motion for a resolution

Recital D c (new)

Motion for a resolution

Amendment

D c. whereas, under the current Treaty framework and the EIB Statute, cooperation between the European Investment Bank and the European Parliament in the context of the annual control report is largely based on informal arrangements and established practices rather than on binding institutional obligations;

Or. en

Amendment 38

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital D c (new)

Motion for a resolution

Amendment

D c. whereas balanced representation in terms of gender and geographical diversity at all levels of the EIB Group, including senior management and the Board, strengthens institutional legitimacy, risk awareness and decision-making quality;

Or. en

Amendment 39

Rudi Kennes

Motion for a resolution

Recital D d (new)

Motion for a resolution

Amendment

D d. whereas production of weapons and ammunition is currently excluded from EIB financing; whereas on 6 March 2025, the European Council has called on the Board of Governors of the European Investment Bank (EIB) to reevaluate the list of excluded activities to expand the scope of financing for military purposes; whereas the continued relaxation of financing restrictions for the defence sector will halt the progress towards social and environmental goals by diverting much needed funds for investment in projects that benefit the general public – such as housing, healthcare, public transport, education, infrastructure, crisis management and preparedness for emergencies, climate change-related emergencies - and will inevitably and significantly contribute to the already extreme geopolitical instability that is causing so many casualties all over the world;

Or. en

Amendment 40

Dick Erixon

Motion for a resolution

Recital D d (new)

Motion for a resolution

Amendment

D d. whereas the continuous expansion of the EIB's mandate and the increase in EU budget guarantees backing the Bank's operations make it legitimate and necessary for the level of external scrutiny to grow correspondingly; whereas democratic accountability must keep pace with the Bank's evolving role;

Or. en

Amendment 41

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Recital D d (new)

Motion for a resolution

Amendment

D d. whereas staff well-being, protection against harassment and psychosocial risks, and a transparent and fair human resources framework are essential to ensure institutional resilience, integrity and effective risk management;

Or. en

Amendment 42

Dick Erixon

Motion for a resolution

Recital D e (new)

Motion for a resolution

Amendment

D e. whereas the EIB plays a key role in advancing the Union's external objectives through its lending activities in third countries; whereas effective cooperation with partner countries on migration management, including readmission and return of migrants who have no legal right to stay in the Union, is a relevant consideration in the context of the EU's external lending framework;

Or. en

Amendment 43

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Notes the stable EIB financial performance in 2024; notes the EIB’s net surplus of EUR 3.1 billion and the EIB’s IFRS consolidated result of EUR 3.38 billion in 2024, with reserves above EUR 59 billion; stresses nevertheless that financial performance should be measured against evidence of policy additionality, value for money and measurable outcomes;

Or. en

Amendment 44

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable results and impacts, including contribution to EU climate, cohesion and innovation objectives, and by sound financial management, not merely by volumes signed;

Or. en

Amendment 45

Tamás Deutsch

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Notes the stable EIB Group financial performance in 2024; stresses that preserving the EIB’s AAA credit rating must remain a primary objective of the Bank’s governance; underlines that success must be measured by demonstrable economic outcomes, not merely volumes signed;

Or. en

Amendment 46

Carla Tavares

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Welcomes the EIB Group consolidated results in 2024, amounting to EUR 3.38 billion; stresses that success must continue to be measured by demonstrable economic outcomes, such as the quality employment creation;

Or. en

Amendment 47

Dirk Gotink

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Notes the stable EIB Group financial performance in 2024; stresses that success must continue to be measured by demonstrable economic outcomes, not merely volumes signed;

Or. en

Amendment 48

Rudi Kennes

Motion for a resolution

Paragraph 1

Motion for a resolution

Amendment

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic outcomes, not merely volumes signed;

1. Notes the stable EIB Group financial performance in 2024; stresses that success must be measured by demonstrable economic and policy outcomes, not merely volumes signed;

Or. en

Amendment 49

Carla Tavares

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolution

Amendment

1 a. Stresses that the EIB’s ‘AAA’ rating is a strategic asset that enables the EIB to ensure favourable financing conditions and take greater risks in funding public interest projects compared to private commercial banks; underlines that the rating stems, among other reasons, from the fact that the EIB has been responsive to EU policy objectives, notably by becoming a ‘climate bank;

Or. en

Amendment 50

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolution

Amendment

1 a. Notes that impaired loans increased to 0.6% of the portfolio and that payments overdue by more than 90 days tripled in 2024; calls on the EIB to provide enhanced sectoral and geographical risk reporting and to strengthen early-warning and provisioning mechanisms in view of its intention to expand higher-risk operations;

Or. en

Amendment 51

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 2

Motion for a resolution

Amendment

2. Notes with concern that the portion of payments overdue by more than 90 days tripled, totalling EUR 281.3 million at the end of 2024 and representing 0.06 % of the total loan portfolio (compared with EUR 82.4 million or 0.02 % at the end of 2023); highlights that these increases in non-performing exposures and overdue payments significantly exceed the 2 % growth in the overall loan portfolio; calls on the EIB to provide Parliament with a breakdown by sector, country and instrument, an explanation of drivers, and a time-bound mitigation plan, including enhanced early-warning, provisioning and recovery measures;

Or. en

Amendment 52

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 2

Motion for a resolution

Amendment

Or. en

Amendment 53

Rudi Kennes

Motion for a resolution

Paragraph 2 a (new)

Motion for a resolution

Amendment

2 a. Welcomes the EIB Group's new commitment to expand its portfolio, and stresses that other public banks such as the EBRD have maintained their AAA status while having higher loan loss ratios than the EIB; suggests that decreasing the EIB’s risk-aversion will allow for unblocking of financing of socially and environmentally beneficial projects that would not attract private investments otherwise; warns nevertheless on the need to improve scrutiny of the financial performance of corporate counterparts;

Or. en

Amendment 54

Tamás Deutsch

Motion for a resolution

Paragraph 2 a (new)

Motion for a resolution

Amendment

2 a. Stresses that any increase in non-performing exposures must be carefully monitored in order to safeguard the Bank’s financial stability and credit standing;

Or. en

Amendment 55

Rudi Kennes

Motion for a resolution

Paragraph 3

Motion for a resolution

Amendment

3. Notes that in 2024 the EIB approved 38 operations under InvestEU, using EUR 1.7 billion of the EU guarantee; stresses that the InvestEU programme should be assessed: 1) according to the quality of its interventions in streamlining sustainability considerations into private investments; 2) according to access to finance for final beneficiaries, 3) according to the measurable impact of projects rather than the quantity of funding deployed and the leverage effect; insists that reporting must shift its focus from input-based metrics to impact-based indicators demonstrating genuine economic outcomes as well as the environmental and social performance of completed operations; recalls that, currently, there are no verifiable measurement frameworks for assessing outcomes of projects funded under InvestEU;

Or. en

Amendment 56

Dick Erixon

Motion for a resolution

Paragraph 3

Motion for a resolution

Amendment

3. Notes that in 2024 the EIB approved 38 operations under InvestEU, utilising EUR 1.7 billion of the EU guarantee; stresses that the InvestEU programme should be assessed according to the quality of its interventions and their measurable impact rather than merely the quantity of funding deployed; insists that reporting must shift focus from input-based metrics to impact-based indicators demonstrating genuine economic outcomes; calls for a performance-based budgeting approach where capital allocations and strategic priorities are evaluated based on proven efficiency, return on investment, and genuine value for money rather than mechanical compliance with predetermined percentage targets;

Or. en

Amendment 57

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 3

Motion for a resolution

Amendment

3. Notes that in 2024 the EIB approved 38 operations under InvestEU, utilising EUR 1.7 billion of the EU guarantee; notes further that the European Investment Fund signed 197 transactions under InvestEU in 2024, mobilising EUR 9.03 billion of the EU guarantee, representing the larger share of total InvestEU deployment; welcomes this combined Group performance; stresses that the InvestEU programme should be assessed according to the quality of its interventions and their measurable impact in addition to the quantity of funding deployed; insists that reporting must incorporate impact-based indicators demonstrating genuine economic outcomes alongside volume metrics;

Or. en

Amendment 58

Dirk Gotink

Motion for a resolution

Paragraph 3

Motion for a resolution

Amendment

3. Notes that in 2024 the EIB approved 38 operations under InvestEU, utilising EUR 1.7 billion of the EU guarantee; insists that reporting must complement input-based metrics with impact-based indicators demonstrating genuine economic outcomes;

Or. en

Amendment 59

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 3

Motion for a resolution

Amendment

3. Notes that in 2024 the EIB approved 38 operations under InvestEU, utilising EUR 1.7 billion of the EU guarantee; stresses that the InvestEU programme should be assessed according to the quality of its interventions and their measurable impact rather than merely the quantity of funding deployed; insists that reporting include harmonised impact indicators, a transparent additionality assessment and an ex post analysis of potential crowding-out, including for operations implemented through financial intermediaries;

Or. en

Amendment 60

Rudi Kennes

Motion for a resolution

Paragraph 3 a (new)

Motion for a resolution

Amendment

3 a. Notes with concern that the EIB’s Transparency Policy prevented adequate information disclosure on projects benefitting from the allocation of the EU budgetary guarantee; stresses that confidentiality agreements concluded to safeguard the commercial interests of their promoters ought not undermine the European Parliament’s meaningful oversight over the allocation of the EU budgetary guarantee; calls on the EIB Group to publicly disclose of the annual list of financial intermediaries and final beneficiaries under the InvestEU program;

Or. en

Amendment 61

Rudi Kennes

Motion for a resolution

Paragraph 4

Motion for a resolution

Amendment

4. Notes that the fragmented EU funding landscape leads to inefficiencies; stresses that cutting bureaucracy is essential to restoring competitiveness;

4. Notes that the fragmented EU funding landscape leads to inefficiencies; stresses that making the bureaucracy system more efficient and investing in digital tools can contribute to making EU SMEs more competitive, provided that such simplification does not undermine transparency and accountability; reiterates that competitiveness is also a result of less inequality, the creation of good jobs, green and efficient public services, fully-funded public education, research and innovation programs, and a truly just transition with carbon-neutral technologies;

Or. en

Amendment 62

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 4

Motion for a resolution

Amendment

4. Notes that the fragmented EU funding landscape leads to inefficiencies; stresses that cutting bureaucracy is essential to restoring competitiveness;

4. Notes the EIB’s ‘Time to Market’ assessment simplification efforts; calls on the EIB to publish annual key performance indicators on approval and to demonstrate measurable reductions in administrative burden for SMEs and mid-caps;

Or. en

Amendment 63

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 4

Motion for a resolution

Amendment

4. Notes that the fragmented EU funding landscape leads to inefficiencies; stresses that cutting bureaucracy is essential to restoring competitiveness;

4. Notes that complexity in the EU funding landscape can create inefficiencies; stresses that simplification should reduce administrative burden without weaking audit trails, transparency, social and environmental safeguards or anti-fraud controls;

Or. en

Amendment 64

Rudi Kennes

Motion for a resolution

Paragraph 4 a (new)

Motion for a resolution

Amendment

4 a. Recalls that at least 30% of funding provided under InvestEU should contribute to achieving the EU's climate objectives; reiterates that the Just Transition Scheme under InvestEU was set up to specifically support regions and industries affected negatively by the green and digital transitions; calls on the EIB to apply the necessary conditionalities to ensure that the supported companies comply with the objectives of a green and just transition;

Or. en

Amendment 65

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 4 a (new)

Motion for a resolution

Amendment

4 a. Welcomes the ongoing evaluation of the EIB’s Additionality and Impact Measurement (AIM) framework and notes that results are expected in the first half of 2026; calls on the EIB and the Commission to establish a common ex post additionality methodology for EU-backed operations, and to report regularly on effects at portfolio and sector level;

Or. en

Amendment 66

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 4 a (new)

Motion for a resolution

Amendment

4 a. Notes that more than half of operations are now assessed through simplified technical due diligence processes; stresses that simplification must not weaken environmental, social, governance or financial risk scrutiny, and calls for periodic independent review of the simplified procedures;

Or. en

Amendment 67

Rudi Kennes

Motion for a resolution

Paragraph 4 b (new)

Motion for a resolution

Amendment

4 b. Notes that in 2024, the EIB decided to lend 150 million euro to ENGIE, under the InvestEU programme, to contribute to the development of infrastructure for zero-emission vehicles in France and Belgium; recalls that ENGIE is an electricity producer that continues to invest in fossil-fuel generated energy and has so far shown no plans to phase out fossil fuels from its production; despite the proven violation by ENGIE of the conditionalities attached to the EIB investment, there have been no sanctions waged against the company and no request from the EIB to invest the same amount of funds for the green transition and for training to workers; recommends that the EIB develops a strong conditionality framework when allocating loans or grants to private companies and demands that, if those social and environmental conditionalities are not met, that EIB funds are returned to protect the Union’s financial interests;

Or. en

Amendment 68

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 4 b (new)

Motion for a resolution

Amendment

4 b. Calls on the EIB to continue digitalisation efforts and publish measurable targets for further time-to-market reductions;

Or. en

Amendment 69

Rudi Kennes

Motion for a resolution

Paragraph 5

Motion for a resolution

Amendment

5. Calls on the EIB to expand nuclear energy financing and evaluate all low-carbon projects against objective criteria including life-cycle carbon intensity and grid stability, without discriminating between technologies; stresses that Member States retain the sovereign right to determine their energy mix;

5. Calls on the EIB to finance only energy solutions with low carbon footprint and no negative environmental drawbacks, and evaluate all low-carbon projects against objective criteria including life-cycle carbon intensity and grid stability, without discriminating between technologies; stresses that Member States retain the sovereign right to determine the sources of their energy supply; underlines that the financing allocated to the green transition should not be diverted to non-sustainable and dangerous energy sources such as fossil-fuel-sourced hydrogen, nuclear power, and biogas;

Or. en

Amendment 70

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 5

Motion for a resolution

Amendment

5. Notes that the EIB invested over EUR 27 billion in energy transition and security in 2024, including renewables, grids and storage; calls on the EIB to evaluate all low-carbon energy projects, including nuclear, against objective and transparent criteria such as life-cycle carbon emissions, grid stability and cost-effectiveness; stresses that the technology-neutral approach must remain consistent with the EU’s climate objectives and the Paris Agreement;

Or. en

Amendment 71

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 5

Motion for a resolution

Amendment

5. Calls on the EIB to strengthen energy security financing in line with the Paris Agreement and the EIB Climate Bank Roadmap, prioritising energy efficiency, demand reduction, grids, storage, renewables and cost-efficiency; insists on robust assessment of life-cycle impacts and avoidance of lock-in risks, while fully respecting Member States’ right to determine their energy mix;

Or. en

Amendment 72

Carla Tavares

Motion for a resolution

Paragraph 5

Motion for a resolution

Amendment

5. Considers that the EIB should continue to evaluate clean energy financing and all low-carbon projects against objective criteria including life-cycle carbon intensity and grid stability, without discriminating between technologies;

Or. en

Amendment 73

Dirk Gotink

Motion for a resolution

Paragraph 5

Motion for a resolution

Amendment

5. Calls on the EIB to apply technological neutrality in their energy financing; stresses that Member States retain the sovereign right to determine their energy mix, but that the EIB should focus on strategic cross-border projects to increase the EU-added value;

Or. en

Amendment 74

Rudi Kennes

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolution

Amendment

5 a. Expresses concerns about investments to third countries made under the guise of improving the EU’s energy security that are oriented towards energy imports to the EU at the detriment of partner countries; notes that, for example, in Morocco, the EIB currently finances the development of a solar energy complex that was built on confiscated land belonging to indigenous communities and that puts significant strain on water resources for the population in the region; strongly emphasises that EIB loans should not be used to advance the EU’s energy security at the expense of local communities and the environment;

Or. en

Amendment 75

Dick Erixon

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolution

Amendment

5 a. Expresses concern regarding the disproportionate ESG reporting requirements imposed on EIB lending clients; warns that excessive disclosure obligations deter economically viable projects and create competitive disadvantages for European businesses; calls on the EIB to review its ESG reporting requirements with a view to ensuring proportionality;

Or. en

Amendment 76

Rudi Kennes

Motion for a resolution

Paragraph 5 b (new)

Motion for a resolution

Amendment

5 b. Reiterates that true energy security can be achieved only through investment into public renewable energy infrastructure; emphasises that creating additional dependencies on fossil fuels and imports from third countries will undermine the EU’s energy, climate, economic and geopolitical security; reaffirms the need for Member States to reassert democratic control and public ownership of their own energy infrastructure and supply;

Or. en

Amendment 77

Rudi Kennes

Motion for a resolution

Paragraph 5 c (new)

Motion for a resolution

Amendment

5 c. Recalls that, according to Eurostat, 9,2% of EU citizens could not keep their homes adequately warm in 2024; underlines that energy poverty and power outages pose a significant risk to the lives and health of EU citizens; calls on the EIB to support investment in publicly-owned renewable energy infrastructure and into large-scale national home refurbishment projects aimed at making families and private homes more resilient to the increasingly unpredictable and destructive climate events and to fluctuating energy prices;

Or. en

Amendment 78

Rudi Kennes

Motion for a resolution

Paragraph 5 d (new)

Motion for a resolution

Amendment

5 d. Stresses the importance of supporting investment in renewable energy infrastructure for households and SMEs; underlines the importance of allowing households and small businesses to sell their surplus energy back to the grid with no additional fees imposed by energy providers; notes that creating conditions for energetic self-sufficiency will lift many out of poverty; reiterates that government intervention on stabilising energy prices and energy caps will contribute to the Union’s long-term economic growth and security;

Or. en

Amendment 79

Rudi Kennes

Motion for a resolution

Paragraph 5 e (new)

Motion for a resolution

Amendment

5 e. Notes the EIB’s commitment to promote the decarbonisation and progressive electrification of industries, including those sectors that face significant technical and economic barriers towards achieving net-zero emissions due to high energy intensity and process-specific CO₂ emissions, such as the production of steel, cement, chemicals, shipping, and aviation; stresses the importance of providing support in particular for middle- and low- income households hit by the rise in energy prices exacerbated by irrational economic choices to source fossil fuels from unreliable and profiteering commercial partners; calls on the EIB to enhance social and economic cohesion by expanding the provision of environmentally sustainable and affordable essential services, including renewable energy and public mobility;

Or. en

Amendment 80

Rudi Kennes

Motion for a resolution

Paragraph 6

Motion for a resolution

Amendment

6. Stresses the importance of the EIB Group’s contribution to Europe’s peace and security, as set out in the white paper for European Defence – Readiness 2030, through its support for initiatives to strengthen the EU’s defence industry, improve cybersecurity infrastructure and promote innovation in critical defence technologies by providing funding and leveraging private investment;

6. Condemns the expansion of the EIB Group’s contribution to Europe’s defence sector; notes with concern that in 2025 the Bank has increased investment in the sector by up to four times compared to the previous year; stresses the importance of the EIB Group’s contribution to Europe’s peace and security, through its support for initiatives to strengthen the EU’s cybersecurity infrastructure and disaster preparedness; stresses that more funding should be provided to projects promoting sustainable social and economic development; underlines that security and defence remain a national competence, and that diverting EU funding to defence, especially without sufficient parliamentary scrutiny, violates Article 3(1) of the Treaty on European Union and the Lisbon Treaty, which affirm its commitment to promoting peace and well-being;

Or. en

Amendment 81

Dirk Gotink

Motion for a resolution

Paragraph 6

Motion for a resolution

Amendment

6. Stresses the importance of the EIB Group’s contribution to Europe’s defence and security, as set out in the white paper for European Defence – Readiness 2030, through its support for initiatives that enhance the Union’s strategic autonomy and resilience, strengthen the EU’s defence industry, improve cybersecurity infrastructure and promote innovation in critical defence technologies by providing funding and leveraging private investment;

Or. en

Amendment 82

Carla Tavares

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolution

Amendment

6 a. Recognizes the EIB Board decision of 21 March 2025 to broaden the EIB Group's eligibility criteria for security and defence investments, limiting excluded activities, in accordance with the proposals approved by EU leaders at the European Council on 6 March, and that the EIB’s current EUR 8 billion Strategic European Security Initiative (SESI) will be integrated into a permanent, cross cutting public policy objective, complementing the existing public policy goals;

Or. en

Amendment 83

Carla Tavares

Motion for a resolution

Paragraph 6 b (new)

Motion for a resolution

Amendment

6 b. Takes note of the EIB Boards decision of 21 March 2025 that there will be no fixed ceiling for security and defence investments, with funding amounts to be determined annually in the EIB Group Operational Plan;

Or. en

Amendment 84

Carla Tavares

Motion for a resolution

Paragraph 7

Motion for a resolution

Amendment

7. Stresses that the EIB should be able to fund all types of defence projects;

deleted

Or. en

Amendment 85

Dirk Gotink

Motion for a resolution

Paragraph 7

Motion for a resolution

Amendment

7. Stresses that the EIB should be able to fund all types of defence projects;

7. Welcomes the EIB’s continued and enhanced role in strengthening Europe’s security through targeted investments in both defence and civilian infrastructure, in line with the EU’s broader goals of promoting innovation and enhancing the Union's security; Stresses that the EIB should keep investing in a safe and secure Europe, by supporting products, services, and technologies that bolster Europe’s defence capacities, research and development, and innovation, with the exception of weapons and ammunition; Stresses the EIB should focus on 1) Research, Development and Manufacturing, 2) Cybersecurity and Cyber Defence, 3) Critical and Military Infrastructurure, 4) Military Mobility, 5) Space; calls for the further adjustment of the scope of eligible investments to meet the ambitious role to contribute to Europe’s defence and security;

Or. en

Amendment 86

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 7

Motion for a resolution

Amendment

7. Stresses that the EIB should be able to fund all types of defence projects;

7. Stresses that the EIB should be able to fund all types projects supporting the European defence technological and industrial base; notes the strong increase in EIB security and defence financing from EUR 0.5 billion in 2023 to EUR 1.04 billion in 2024, and the further scale-up in 2025; calls for a dedicated annual reporting annex to Parliament on security and defence operations, including additionality, implementation speed, procurement safeguards, integrity controls and risk-sharing arrangements;

Or. en

Amendment 87

Rudi Kennes

Motion for a resolution

Paragraph 7

Motion for a resolution

Amendment

7. Stresses that the EIB should be able to fund all types of defence projects;

7. Calls on the EIB Group to remain consistent with its commitment not to finance projects related to weapons and ammunition, as set out by its list of excluded activities; reiterates that the EIB is currently prohibited from providing direct financing to weapons and ammunition projects;

Or. en

Amendment 88

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 7

Motion for a resolution

Amendment

7. Stresses that the EIB should be able to fund all types of defence projects;

7. Stresses that any potential expansion of EIB support in the security and defence domain must be subject to strict transparency, accountability and human-rights safeguards, clear exclusion criteria, end-use monitoring, and regular reporting to Parliament;

Or. en

Amendment 89

Dirk Gotink

Motion for a resolution

Paragraph 7 a (new)

Motion for a resolution

Amendment

7 a. Invites the EIB to further strengthen synergies with investments in defence financed by the EU Budget, aligning more closely with EU-wide initiatives; emphasizes to the EIB the need to ensure that its investments complement broader EU defence policy goals and contribute to achieving economies of scale in European defence capabilities;

Or. en

Amendment 90

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 7 a (new)

Motion for a resolution

Amendment

7 a. Notes the significant expansion of EIB support for security and defence operations; calls for mandatory human rights due diligence, end-use monitoring mechanisms, and detailed annual reporting to Parliament on the nature, beneficiaries and safeguards applied to such operations;

Or. en

Amendment 91

Dirk Gotink

Motion for a resolution

Paragraph 7 b (new)

Motion for a resolution

Amendment

7 b. Calls on the EIB to expand its focus on enhancing regional security and resilience; emphasises the important role of the EIB can play in the creation of an infrastructure that supports regional security and fosters greater cooperation between EU Member States in energy and defence matters;

Or. en

Amendment 92

Carla Tavares

Motion for a resolution

Paragraph 8

Motion for a resolution

Amendment

8. Calls on the EIB to identify barriers impeding defence and border protection investments; stresses that removing obstacles is essential for tangible security outcomes;

deleted

Or. en

Amendment 93

Rudi Kennes

Motion for a resolution

Paragraph 8

Motion for a resolution

Amendment

8. Calls on the EIB to identify barriers impeding defence and border protection investments; stresses that removing obstacles is essential for tangible security outcomes;

8. Calls on the EIB to identify risks associated with defence and border protection investments; stresses that relaxing financing rules for defence and border protection investment might contribute to serious security risks and legal uncertainty by creating an undesirable long-term economic incentive to provoking and prolonging conflicts and, potentially, becoming responsible for or complicit with human rights and international law violations; encourages the EIB to interpret the concept of security in a way that is more aligned with the everyday concerns of the majority of European people, and to focus its mandate to funding projects that guarantee security, such as climate disaster and public health preparedness, mass investment in creating affordable housing and ending homelessness, investing in economic sectors that create permanent, quality jobs, financing social projects that foster cohesion, and, in general, funding economic projects that guarantee long-term economic stability;

Or. en

Amendment 94

Georgios Aftias

Motion for a resolution

Paragraph 8

Motion for a resolution

Amendment

8. Calls on the EIB to identify barriers impeding defence and border protection investments; stresses that removing obstacles is essential for tangible security outcomes;

8. Calls on the EIB to identify barriers impeding defence and border protection investments; stresses that removing obstacles is essential for tangible security outcomes; Recalls that any allocation of funds by the European Investment Bank (EIB), through InvestEU and other financial instruments for defence purposes and for investments in critical technologies, must fully respect the national security interests of the European Unions' Member States. Underlines that the competent audit authoridies and bodies of the European Institutions ought to deliver thorough and continous audit controls to third entities, and third countries that are beneficiaries of european union funding, and deliver investments, and projects in the defence field, to ensure the transparent use of the Union funding. Stresses that the outcome of such investments and projects must not undermine the national security interests of the Member States of the European Union;

Or. en

Amendment 95

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 8

Motion for a resolution

Amendment

8. Calls on the EIB to identify barriers impeding defence and border protection investments; stresses that removing obstacles is essential for tangible security outcomes;

8. Calls on the EIB to identify barriers impeding legitimate investments that strengthen the Union’s resilience and security while ensuring compliance with EU law, democratic oversight, and robust due-diligence requirements;

Or. en

Amendment 96

Rudi Kennes

Motion for a resolution

Paragraph 8 a (new)

Motion for a resolution

Amendment

8 a. Strongly regrets that the final beneficiaries of EIB financing can be involved in arms production and sale, effectively lifting the EIB from the responsibility to perform due diligence monitoring in financing chains; underlines that this provision renders the stated exclusion of weapon financing misleading; expresses strong reservations about tying the EU’s economic and industrial growth to weapons and ammunition production, effectively creating the need for violence and conflict to continue in order for a war-based economy to be sustainable in the long term; urges the EIB to suspend all funding to the military sector and to divert it to projects that contribute to achieve the EU’s environmental, social, economic, cohesion, and peace objectives;

Or. en

Amendment 97

Rudi Kennes

Motion for a resolution

Paragraph 8 b (new)

Motion for a resolution

Amendment

8 b. Notes with concern that, between January 2021 and August 2023, the EIB provided 1,2 billion euro in loans to Leonardo and Rolls-Royce, which, between 2019 and 2023, supplied the Israeli army with helicopters, naval guns, and engines for tanks and other armoured vehicles; reiterates that on 16 September, 2025, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem, and Israel, found Israel guilty of committing genocide against Palestinians under the UN 1948 Convention on the Prevention and Punishment of the Crime of Genocide; observes that the EIB’s decision to allow financing for the military sector may have enabled Israel to procure equipment used for genocidal purposes and, therefore, potentially making also the European Union complicit with these crimes; in light of these findings, calls on the EIB to urgently review its rules for the financing of military equipment and to start an inquiry into the due diligence of its funding of military projects; demands that the EIB makes available to the Parliament comprehensive information about all investment in military projects and in dual-use technology used for military projects;

Or. en

Amendment 98

Rudi Kennes

Motion for a resolution

Paragraph 9

Motion for a resolution

Amendment

9. Stresses the importance of establishing structured cooperation with the NATO Innovation Fund to ensure synergies and avoid the duplication of efforts, particularly in scaling up technologies where private capital is insufficient;

9. Stresses that the cooperation with the NATO Innovation Fund exposes the EU to serious security risks; condemns the EU’s lack of political will to develop an independent security agenda detached from NATO;

Or. en

Amendment 99

Carla Tavares

Motion for a resolution

Paragraph 9

Motion for a resolution

Amendment

9. 9. Welcomes the structured cooperation with the NATO Innovation Fund to ensure synergies and avoid the duplication of efforts, particularly in scaling up technologies where private capital is insufficient;

Or. en

Amendment 100

Dirk Gotink

Motion for a resolution

Paragraph 9

Motion for a resolution

Amendment

9. Welcomes the strong and structured cooperation with the NATO Innovation Fund to ensure synergies and avoid the duplication of efforts, particularly in scaling up technologies where private capital is insufficient;

Or. en

Amendment 101

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Subheading 5

Motion for a resolution

Amendment

Investments in areas of national competence

deleted

Or. en

Amendment 102

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 10

Motion for a resolution

Amendment

10. Recalls that housing challenges should be addressed primarily at local or national level; questions whether EIB financing of purely local housing projects without a cross-border dimension represents genuine value for money;

deleted

Or. en

Amendment 103

Carla Tavares

Motion for a resolution

Paragraph 10

Motion for a resolution

Amendment

10. Recalls the EU-wide housing crisis that no longer impacts only the most vulnerable, increasingly placing significant pressure on the middle class as well; is of the opinion that the housing crisis cannot be addressed solely at local or national level; recommends a European response to the housing crisis in order to preserve social and regional cohesion, financial stability, labour mobility and the green transition — all core Union objectives; welcomest he efforts the EIB Group makes to tackle the challenges of housing both at local or national level; believes, therefore, that EIB financing of housing projects represents genuine value for money;

Or. en

Amendment 104

Rudi Kennes

Motion for a resolution

Paragraph 10

Motion for a resolution

Amendment

10. Recalls that housing challenges should be addressed at local, national, and European level; encourages the EIB to keep financing local housing projects and contributing to a sustainable economy; acknowledges that, although also a national competence, housing policy is a key component in boosting both social cohesion and economic stability across the EU;

Or. en

Amendment 105

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolution

Amendment

10 a. Notes the scale of the housing affordability crisis and its links to social cohesion and energy poverty; stresses that EIB support can provide European added value where it supports energy-efficient renovation, decarbonisation of buildings, and scalable solutions that complement national efforts and deliver measurable outcomes;

Or. en

Amendment 106

Dirk Gotink

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolution

Amendment

10 a. Recognises that in line with EIB’s Treaty-enshrined objective of promoting economic, social and territorial cohesion, by focusing on less-developed regions, such investments in housing infrastructure in less developed regions are fully aligned with the mandate of the EIB and should continue to be pursued;

Or. en

Amendment 107

Carla Tavares

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolution

Amendment

10 a. Welcomes the EIB’s "Action Plan for Affordable and Sustainable Housing" and its commitment to invest EUR 10 billion to help bridge the investment gap in the sector;

Or. en

Amendment 108

Rudi Kennes

Motion for a resolution

Paragraph 10 b (new)

Motion for a resolution

Amendment

10 b. Welcomes the EIB Group’s commitment to increase investments in social infrastructure, including social and affordable housing, as set out in its Strategic priorities 2024-2027 and operational plan 2026-2028; encourages the EIB’s growing role in financing the construction and renovation of social housing, especially in developing regions most affected by the consequences of the green and digital transitions, complementing national resources;

Or. en

Amendment 109

Rudi Kennes

Motion for a resolution

Paragraph 10 c (new)

Motion for a resolution

Amendment

10 c. Urges the EIB to support EU-wide projects for housing renovations, in order for the housing stock to be energy-efficient and as secure as possible from the threats posed by natural disasters, helping residents living in safe homes and reducing their energy bills;

Or. en

Amendment 110

Dick Erixon

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolution

Amendment

10 a. Recalls that education policy is primarily a national competence under the Treaties; stresses that EIB involvement in education should be limited to projects with demonstrable value for money, such as cross-border research infrastructure or skills programmes addressing EU-wide labour market gaps; insists that EIB financing must not substitute for national education budgets and should demonstrate genuine additionality;

Or. en

Amendment 111

Rudi Kennes

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolution

Amendment

10 a. Reiterates the message of the European Parliament resolution of 28 February 2024 on the financial activities of the European Investment Bank, calling on the EIB to support the implementation of the European Pillar of Social Rights;

Or. en

Amendment 112

Rudi Kennes

Motion for a resolution

Paragraph 10 d (new)

Motion for a resolution

Amendment

10 d. Calls on the EIB to invest in social projects aimed at supporting the integration of migrants in society, through improving migrants’ access to public services - including education, healthcare, housing, public transport, and welfare - and to legal employment and trade union advice; stresses the need for the EIB to allocate more funding to humanitarian aid to alleviate the harsh living conditions of migrants and refugees; underlines that such targeted investments will contribute to enhancing social cohesion, and contribute to social policy and economic objectives;

Or. en

Amendment 113

Rudi Kennes

Motion for a resolution

Paragraph 11

Motion for a resolution

Amendment

11. Emphasises that the EIB must target genuine market failures and that its investments must not serve as substitutes for private capital or national budgets; stresses that protecting the competitive market environment is essential;

11. Emphasises that the EIB must target genuine market failures and that its investments must not serve as substitutes for private capital or national budgets; stresses that any investments made to support start-ups and scale-ups must include the prohibition of moving capital to third countries; underlines that funding provided to start-ups and other businesses must result in a benefit to the community where the project is developed, with clear value in terms of quality jobs created, environmental sustainability, and long-term economic viability;

Or. en

Amendment 114

Tamás Deutsch

Motion for a resolution

Paragraph 11

Motion for a resolution

Amendment

11. Emphasises that the EIB must target genuine market failures and prioritise support for SMEs, mid-caps, start-ups and scale-ups that enhance Europe’s long-term competitiveness; stresses that its investments must not serve as substitutes for private capital or national budgets; underlines that creating a business friendly, competitive market environment and strengthening the European industrial capacity and innovation ecosystems is essential for economic sovereignty and competitiveness;

Or. en

Amendment 115

Carla Tavares

Motion for a resolution

Paragraph 11

Motion for a resolution

Amendment

11. Emphasises that the EIB must target market failures and that its investments should complement and leverage private capital or national budgets towards public interest projects that contribute to achieving the strategic priorities of the EU; stresses that protecting the competitive market environment is essential, while also contributing to European integration, social and regional cohesion, and the fair green and digital transitions;

Or. en

Amendment 116

Dirk Gotink

Motion for a resolution

Paragraph 11

Motion for a resolution

Amendment

11. Emphasises that the EIB investments must not substitute recurring budgetary expenditure; stresses that protecting the competitive market environment is essential;

Or. en

Amendment 117

Dirk Gotink

Motion for a resolution

Paragraph 11 a (new)

Motion for a resolution

Amendment

11 a. Stresses the critical role of European large companies in Europe's economic structure, particularly those operating in essential sectors such as energy, defence and infrastructure; calls for a balanced approach that ensures the EIB continues to support large European companies in securing investment capital for major projects and research and development initiatives, thereby enhancing Europe's global competitiveness;

Or. en

Amendment 118

Tamás Deutsch

Motion for a resolution

Paragraph 11 a (new)

Motion for a resolution

Amendment

11 a. Calls on the EIB to increase the share of financing directed towards SMEs and competitiveness-enhancing investments, particularly in strategic sectors such as advanced manufacturing, digital technologies and energy resilience;

Or. en

Amendment 119

Dirk Gotink

Motion for a resolution

Paragraph 11 b (new)

Motion for a resolution

Amendment

11 b. Encourages the EIB to continue its role in improving access to finance for small and medium-sized enterprises, which often face barriers to funding from traditional financial institutions, providing targeted financing to ensure enough resources to grow and thrive; welcomes and calls for the constant expansion of the number of partner institutions to reach a wide geographical and sectoral coverage;

Or. en

Amendment 120

Rudi Kennes

Motion for a resolution

Paragraph 12

Motion for a resolution

Amendment

12. Notes the findings of European Court of Auditors Special Report 07/2025 regarding insufficient additionality; warns of the danger of crowding out private investment; calls for quantitative risk thresholds and ex post crowding out assessments;

12. Notes the findings of the European Court of Auditors Special Report 07/2025 regarding insufficient additionality of the Bank’s investments; stresses that the same concerns might also be raised about the EIB’s operations under InvestEU; warns of the danger of the Bank’s poor additionality in implementing the upcoming Invest EU Instrument in the European Competitiveness Fund; calls on the EIB to uphold a clear definition of additionality, and commit to ensure that the Bank’s use of public guarantees is tied to increasing investments where no forms of private sources are available;

Or. en

Amendment 121

Dirk Gotink

Motion for a resolution

Paragraph 12

Motion for a resolution

Amendment

12. Notes the findings of European Court of Auditors Special Report 07/2025 confirming the relevance of EFSI support, but also that its additionality was not sufficiently demonstrated and that the Commission did not verify the crowding-out effect of EFSI; calls for ex post crowding out assessments;

Or. en

Amendment 122

Carla Tavares

Motion for a resolution

Paragraph 12

Motion for a resolution

Amendment

12. Notes the findings of European Court of Auditors Special Report 07/2025 regarding insufficient additionality; calls for quantitative risk thresholds and ex post crowding out assessments;

Or. en

Amendment 123

Dick Erixon

Motion for a resolution

Paragraph 12 a (new)

Motion for a resolution

Amendment

12 a. Underlines the risks of crowding out private investments, such as artificially compressing risk premiums, especially in markets such as renewable energy, which undermines price signals that guide efficient investment, and could be perceived as a form of greenwashing;

Or. en

Amendment 124

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 12 a (new)

Motion for a resolution

Amendment

12 a. Welcomes the ongoing evaluation of the EIB’s Additionality and Impact Measurement framework; calls on the EIB to transmit the evaluation results to Parliament upon publication in 2026 and to establish a methodology for systematic ex-post additionality assessment;

Or. en

Amendment 125

Carla Tavares

Motion for a resolution

Paragraph 13

Motion for a resolution

Amendment

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

13. Notes that EIB loans requirements differ from commercial loans; calls on the EIB to publish plans to optimise and consolidate current and future EIB processes and mandates to enhance synergies, effectiveness and efficiency; calls on the Commission and the EIB to assess how to speed-up the EIB’s time-to market as well as to simplify financing mandates and reporting requirements without compromising on auditing standards;

Or. en

Amendment 126

Rudi Kennes

Motion for a resolution

Paragraph 13

Motion for a resolution

Amendment

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce unnecessary bureaucracy without reducing the need for high reporting standards, including by implementing partners and financial intermediaries, to ensure measurable impact; reiterates that the EIB operates on a not-for-profit basis, and therefore should not aim to compete with commercial banks;

Or. en

Amendment 127

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 13

Motion for a resolution

Amendment

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

13. Calls on the EIB to publish segmented additionality benchmarks for SMEs, mid-caps, start-ups and scale-ups, including risk-sharing intensity, market-gap evidence and ex post outcomes; further calls for annual reporting on administrative simplification, including processing times and documentation burden, in light of the EIB Group’s digitalisation and ‘Time to Market’ initiatives;

Or. en

Amendment 128

Dick Erixon

Motion for a resolution

Paragraph 13

Motion for a resolution

Amendment

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

13. Notes that EIB loans entail higher administrative burdens than commercial loans; warns that excessive reporting requirements make EIB financing less attractive for the private sector and may deter economically viable projects; calls on the EIB to publish plans to reduce constraints;

Or. en

Amendment 129

Dirk Gotink

Motion for a resolution

Paragraph 13

Motion for a resolution

Amendment

13. Notes that EIB loans entail higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

13. Notes that EIB loans entail sometimes higher administrative burdens than commercial loans; calls on the EIB to publish plans to reduce constraints;

Or. en

Amendment 130

Carla Tavares

Motion for a resolution

Subheading 7

Motion for a resolution

Amendment

Policy areas of cohesion, climate, digitalisation and environmental sustainability

Strengthening the role of the EIB in the areas of cohesion, climate, digitalisation and environmental sustainability

Or. en

Amendment 131

Rudi Kennes

Motion for a resolution

Subheading 7

Motion for a resolution

Amendment

Policy areas of cohesion, climate, digitalisation and environmental sustainability

Policy areas of cohesion, climate, digitalisation, just transition, and environmental sustainability

Or. en

Amendment 132

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 14

Motion for a resolution

Amendment

14. Stresses that reporting based on volume measures outputs and not results; calls for results-oriented indicators such as CO2 emissions avoided per euro invested; advocates benchmarking against comparable interventions;

14. Welcomes the increase in sustainability-related financing to approximately 57 % of total EIB Group funding in 2024; stresses that climate and sustainability reporting must be based on verifiable outputs and outcomes (including emissions reductions, resilience gains and leverage effects), supported by coherent portfolio methodology and independent evaluation;

Or. en

Amendment 133

Carla Tavares

Motion for a resolution

Paragraph 14

Motion for a resolution

Amendment

14. Stresses that reporting based on volume measures outputs and not results; calls on the EIB to continue to use results-oriented indicators such as CO2 emissions avoided or quality jobs created per euro invested; advocates benchmarking against comparable interventions;

Or. en

Amendment 134

Dirk Gotink

Motion for a resolution

Paragraph 14

Motion for a resolution

Amendment

14. Stresses that reporting based on volume measures outputs and not results; calls on the EIB to continue to use results-oriented indicators such as CO2 emissions avoided per euro invested; advocates benchmarking against comparable interventions;

Or. en

Amendment 135

Rudi Kennes

Motion for a resolution

Paragraph 14

Motion for a resolution

Amendment

14. Stresses that reporting based on volume measures outputs and not results; calls for results-oriented indicators such as CO2 emissions avoided per euro invested or jobs created; advocates benchmarking against comparable interventions;

Or. en

Amendment 136

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 14 a (new)

Motion for a resolution

Amendment

14 a. Recalls that housing challenges can be addressed primarily at local or national level; underlines, however, that EIB support can provide clear EU added value where it improves affordability, energy efficiency, urban resilience and social cohesion, or where it helps scale investment through standardised instruments;

Or. en

Amendment 137

Carla Tavares

Motion for a resolution

Paragraph 14 a (new)

Motion for a resolution

Amendment

14 a. Welcomes the EIB’s investments in biodiversity protection and preservation of natural resources; calls on the EIB to extend the financing objectives to restoration, conservation and protection of biodiversity and nature;

Or. en

Amendment 138

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 14 b (new)

Motion for a resolution

Amendment

14 b. Welcomes the EIB Group’s record cohesion financing of EUR 38.3 billion in 2024, representing 48 % of total EU financing and exceeding the 45 % target set in the Cohesion Orientation 2021–2027; notes that lending to less developed regions reached EUR 20 billion (23 % of EU financing); calls on the EIB to maintain or increase this performance and to publish region-by-region impact data to allow effective scrutiny;

Or. en

Amendment 139

Dick Erixon

Motion for a resolution

Paragraph 15

Motion for a resolution

Amendment

15. Warns that the continuous accumulation of overlapping mainstreaming targets risks creating mathematically impossible portfolio composition;

15. Calls on the EIB to increase transparency regarding its cross-cutting objectives by distinguishing clearly between targets mandated by EU regulations and those initiated by the Bank itself; requests a detailed breakdown of how different targets compete for resources; warns that the continuous accumulation of overlapping mainstreaming targets risks creating a mathematically impossible portfolio composition; calls on the EIB to transparently report on the trade-offs between competing policy goals; reiterates that mainstreaming objectives should be evaluated for their genuine impact rather than mechanical compliance with predetermined percentage targets; notes that, given the current geopolitical context and security challenges facing Europe, defence and security investments, including support for external border protection infrastructure, should be prioritised when rebalancing the Bank's portfolio composition;

Or. en

Amendment 140

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 15

Motion for a resolution

Amendment

15. Warns that the continuous accumulation of overlapping mainstreaming targets risks creating mathematically impossible portfolio composition;

15. Warns that the continuous accumulation of overlapping mainstreaming targets, if not operationalised through coherent portfolio methodology, risks internal inconsistency and weak accountability;

Or. en

Amendment 141

Carla Tavares

Motion for a resolution

Paragraph 15

Motion for a resolution

Amendment

15. Warns that the continuous accumulation of overlapping mainstreaming targets risks creating mathematically impossible portfolio composition;

15. Recommends ensuring coordination and coherence of important mainstreaming targets in order to safeguard a sound and balanced portfolio composition;

Or. en

Amendment 142

Rudi Kennes

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolution

Amendment

15 a. Emphasises the need for the Climate Bank Roadmap Phase 2 (2026-2030) to remain consistent to increase climate adaptation and ensure ambition in climate mitigation; calls on the EIB Group to commit to the principle of just transition, while endorsing the ambitions of the just resilience; warns that the Roadmap currently endorses inefficient technologies such as carbon capture and storage (CCS) and fossil based low-carbon hydrogen;

Or. en

Amendment 143

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolution

Amendment

15 a. Stresses the need for rigorous environmental and social due diligence in all EIB operations, including supply-chain risk assessment and biodiversity safeguards; calls for strengthened monitoring of compliance throughout the lifecycle of financed projects;

Or. en

Amendment 144

Rudi Kennes

Motion for a resolution

Paragraph 15 b (new)

Motion for a resolution

Amendment

15 b. Calls on the EIB Group to strengthen company and financial intermediary level conditionality through reinforcing the PATH Framework to ensure climate lending leverages and increased productive sustainable investments in the European economy while promoting systematic phasing out of fossil fuels and overall resource efficiency;

Or. en

Amendment 145

Rudi Kennes

Motion for a resolution

Paragraph 15 c (new)

Motion for a resolution

Amendment

15 c. Notes the Bank’s commitment to promote the decarbonisation and progressive electrification of industries, including hard-to-abate sectors; stresses the importance of providing demand-side support for middle- and low- income households hit by the rise in energy prices; calls on the Bank to enhance social and economic cohesion by expanding the provision of environmentally sustainable and affordable essential services, including renewable energy and public mobility;

Or. en

Amendment 146

Rudi Kennes

Motion for a resolution

Paragraph 15 d (new)

Motion for a resolution

Amendment

15 d. Recalls that the EIB calls itself the EU's Climate Bank; recalls that in the EIB Group Climate Bank Roadmap 2021-2025, the EIB committed itself to increasing its financing to climate action and environmental sustainability to over 50% of all its financial activities by 2025, and declared it would propose Just Transition funding; however, throughout these years the EIB continued to support high-profit private investments, often channelling money to fossil fuel companies and plastic manufacturers without any conditionalities; encourages the EIB to focus on funding projects that help the EU achieve its climate goals, support a stable and sustainable economy, and fulfil its social mission;

Or. en

Amendment 147

Rudi Kennes

Motion for a resolution

Paragraph 15 e (new)

Motion for a resolution

Amendment

15 e. Reaffirms that the pursuit of the EU’s environmental and economic goals must follow the principles of a just transition to support people and workers at the highest risk of being left behind in the process of transforming the economy for the green and digital transitions; notes with regret that, in 2023, only 60 million out of 4,5 billion euro of EIB funding under InvestEU were dedicated to Just Transition projects;

Or. en

Amendment 148

Carla Tavares

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolution

Amendment

15 a. Calls on the EIB to support the technological transformation of European companies, as well as the development of digital skills among employees, entrepreneurs, and society at large;

Or. en

Amendment 149

Rudi Kennes

Motion for a resolution

Paragraph 15 i (new)

Motion for a resolution

Amendment

15 i. Urges the EIB to finance digitalisation projects that aim to end the digital divide, enhance connectivity, and ensure that no one is left behind in the digital transition; reiterates that digitalisation efforts must not undermine traditional services such as the postal service, and the right of EU residents to opt out of digital services; underlines that only investments in public telecommunications infrastructure and digital skills will contribute to a fair digital transition;

Or. en

Amendment 150

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 15 b (new)

Motion for a resolution

Amendment

15 b. Calls on the EIB Group and the EIF to ensure that investments in cybersecurity, surveillance and digital technologies are subject to robust human rights due diligence and do not contribute to violations of fundamental rights, including through intermediated equity investments;

Or. en

Amendment 151

Carla Tavares

Motion for a resolution

Paragraph 15 b (new)

Motion for a resolution

Amendment

15 b. Calls on the EIB to support the strengthening of cybersecurity capacities in the EU, in order to make Europe more resilient while bolstering existing cooperation mechanisms and protecting critical entities and essential services;

Or. en

Amendment 152

Rudi Kennes

Motion for a resolution

Paragraph 15 f (new)

Motion for a resolution

Amendment

15 f. Observes with great concern that 10% of Europeans cannot pay their rent or mortgage on time; notes than in cities such as Lisbon, the average monthly rent exceeds the average monthly salary; notes that the housing crisis affects the whole EU, particularly in metropolitan areas; welcomes the EIB’s decision to contribute 6 billion euro to the European Affordable Housing Plan; notes, however, that more investment is needed to renovate existing buildings to make them energy efficient and to make the 11 million vacant homes available to those who need them; urges the EIB to support renovation and construction projects for sustainable, safe, and affordable public and social housing; warns against channelling funds to the construction and real estate sectors without strong binding social and environmental conditionalities; urges the Commission to take stock of the tragic experience of former Member State the United Kingdom, in which limiting the budgets of local authorities and reducing the administrative burden and safety requirements for construction companies has led to businesses evading basic building safety standards, causing, in 2017, a fire that resulted in the entirely avoidable deaths of 72 residents living in the Grenfell Tower in London;

Or. en

Amendment 153

Rudi Kennes

Motion for a resolution

Paragraph 15 g (new)

Motion for a resolution

Amendment

15 g. Observes that, in 2020, the EIF, which belongs to the EIB Group, provided venture capital for Israeli spyware company Paragon Solutions through an Israeli venture capital fund; notes that investigative reports and the PEGA parliamentary committee inquiry have concluded that Paragon spyware has been used for years by several European governments to break into the devices of journalists and political activists; expresses strong disappointment over the EIB decision not to sanction the recipients of its funding, who have been found guilty of breaches of national, humanitarian, and international law, and not to hold them accountable; demands that the EIB improves or applies more efficiently its screening procedures in the future;

Or. en

Amendment 154

Rudi Kennes

Motion for a resolution

Paragraph 15 h (new)

Motion for a resolution

Amendment

15 h. Notes that, between 2022 and 2025, the EIB provided 220 million euro of loans to the DPG Media Group to support the company’s digitalisation efforts; observes that the DPG Media Group was accused of violating digital privacy laws by tracking users’ behaviour without permission, by profiling users, and by displaying targeted advertisements of other products owned by the DPG Media Group; urges the EIB to take responsibility for financing illegal activities under the General Data Protection Regulation and to provide a written explanation to Parliament as to why these irregularities keep happening without any accountability for the EIB and for those misusing public funds;

Or. en

Amendment 155

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16

Motion for a resolution

Amendment

16. Insists that lending to non-EU countries be made conditional on cooperation with the EU on migration management, including readmission;

deleted

Or. en

Amendment 156

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 16

Motion for a resolution

Amendment

16. Insists that lending to non-EU countries be made conditional on cooperation with the EU on migration management, including readmission;

16. Notes that EIB Global signed EUR 8.4 billion in 2024, representing approximately 9.5 % of total financing; stresses that EIB lending outside the Union be subject to robust safeguards on transparency, anti-fraud, sanctions compliance, human rights and the rule of law, and remain consistent with Union external policy objectives; calls for strengthened ex ante and ex post controls, including traceability of final beneficiaries;

Or. en

Amendment 157

Rudi Kennes

Motion for a resolution

Paragraph 16

Motion for a resolution

Amendment

16. Insists that lending to non-EU countries be made conditional on cooperation with the EU on migration management, including readmission;

16. Insists that lending to non-EU countries should ensure the involvement of local stakeholders and overall added value for local communities; underlines that the EU’s investments abroad must uphold the principles of social and environmental sustainability; emphasises that the EIB’s financing should not subsidise the expansion of European companies into foreign markets;

Or. en

Amendment 158

Carla Tavares

Motion for a resolution

Paragraph 16

Motion for a resolution

Amendment

16. Insists that lending to non-EU countries be made conditional on cooperation with the EU on migration management, including readmission;

16. Welcomes the EIB’s role in the Global Gateway as crucial for Europe’s global position and for promoting the rules-based multilateral system, democracy, human rights and the rule of law;

Or. en

Amendment 159

Dirk Gotink

Motion for a resolution

Paragraph 16

Motion for a resolution

Amendment

16. Insists that lending to non-EU countries be made conditional on cooperation with the EU on migration management, including readmission;

16. Insists that the level of lending to non-EU countries should also take into account the level of cooperation with the EU on migration management, including readmission;

Or. en

Amendment 160

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Stresses that EIB operations outside the EU should be guided by EU external action objectives, including sustainable development, poverty reduction, climate resilience and human rights; calls for robust due diligence, anti-corruption measures and transparency, and rejects the use of development finance as leverage for migration management or readmission arrangements;

Or. en

Amendment 161

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolution

Amendment

16 b. Notes the adoption by the EIB Board of Directors of the EIB Global Strategic Roadmap and its commitment to respect and promote human rights and the rule of law in the projects it supports; stresses the urgent need for systematic ex- ante human rights impact assessments, greater transparency, and full public accountability in all EIB operations outside the EU;

Or. en

Amendment 162

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 c (new)

Motion for a resolution

Amendment

16 c. Insists that the EIB Group systematically conducts independent ex- ante human rights impact assessments for all projects outside the EU, with meaningful consultations with local communities and civil society actors; calls for these assessments to be publicly available prior to project approval;

Or. en

Amendment 163

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 d (new)

Motion for a resolution

Amendment

16 d. Calls on the EIB to ensure that projects outside the EU are subject to equivalent transparency, environmental and social standards as those applied within the Union, and to avoid double standards in Environmental Social Governance and human rights safeguards;

Or. en

Amendment 164

Rudi Kennes

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Demands that the EIB does not increase further the debt burden of highly indebted countries around the world;

Or. en

Amendment 165

Dirk Gotink

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Welcomes the adoption, in 2024, of the Ukraine Facility, which follows the EIB’s initiative EU for Ukraine (EU4U) and establishes a support mechanism based on Union’s budget resources; encourages the Member States to ensure that solid support continues to be provided to the country, in line with its needs; calls on the EIB to ensure the transparency and traceability of its projects in Ukraine; the importance of strengthening the administrative and audit capacity of Ukrainian authorities entrusted with the implementing, monitoring and controlling of the funded actions;

Or. en

Amendment 166

Dick Erixon

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Notes that the EIB has disbursed EUR 2.3 billion in emergency relief and project support to Ukraine since the start of Russia's war of aggression; notes that the EIB's disbursed exposure in Ukraine is predominantly covered by EU guarantees under the EU External Lending Mandate1a; highlights that EIB support to the private sector has allowed Ukrainian banks to continue lending to the real economy; notes that the Bank granted financial guarantees on exposures to counterparties located in Ukraine for EUR 500.5 million at end-2024, also fully covered by EU guarantees; remarks that the EIB maintains a local presence in Ukraine and the Kyiv office has been progressively restaffed; reiterates its call on the Bank to provide regular, detailed updates to the budgetary authority and relevant audit bodies regarding the disbursement and implementation of funds covered by EU guarantees;

_________________

1a At the end of 2024, total disbursed exposure amounted to EUR 3 227.1 mln (compared with EUR 3 144.3 mln at the end of 2023) and that of this amount, EUR 3 068.1 mln (95%) is covered by EU comprehensive guarantees, EUR 146.6 mln (5%) is covered by EU political risk guarantees and EUR 12.4 mln is covered under risk sharing mandates (compared with EUR 2 962.7 million, or 94%; EUR 166.8 million, or 5%; and EUR 14.8 million, or 1%, respectively, at the end of 2023).

Or. en

Amendment 167

Dick Erixon

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolution

Amendment

16 b. Notes that, in 2024, the EIB Group was selected as one of the main implementing partners of the Ukraine Investment Framework, part of the Ukraine Facility under which EUR 50 billion will be allocated by the EU during the 2024-2027 period to finance the Ukrainian state budget, stimulate investment and provide technical support; notes that the framework is composed of guarantees and grants for European and other development finance institutions and that at least EUR 2 billion of the available support is set to sustain EIB lending to the public sector;

Or. en

Amendment 168

Dick Erixon

Motion for a resolution

Paragraph 16 c (new)

Motion for a resolution

Amendment

16 c. Reminds that the EIB is committed to prevent and address fraud and corruption in the implementation of the EIB Group projects in Ukraine and stresses the importance of strengthening the administrative and audit capacity of Ukrainian authorities entrusted with the implementing, monitoring and controlling of the funded actions; reiterates its call to ensure that deployment of financial assistance is accompanied by effective oversight mechanisms and maintains that on the supported and assisted projects the EIB should have clear oversight at all times;

Or. en

Amendment 169

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Welcomes the EIB’s cooperation arrangements with Ukrainian anti-corruption and investigative authorities and civil society partners; invites the EIB to include in its report to Parliament information on integrity safeguards, fraud-risk mitigation and recovery mechanisms for operations linked to Ukraine, while ensuring operational security and confidentiality;

Or. en

Amendment 170

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 e (new)

Motion for a resolution

Amendment

16 e. Calls on the EIB to ensure, in all agreements with intermediaries, partner institutions and implementing entities, effective access rights for the ECA, OLAF and EPPO, and the availability of audit trails down to the level of final recipients where feasible, in line with Union rules on the protection of the EU’s financial interests;

Or. en

Amendment 171

Carla Tavares

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolution

Amendment

16 b. Calls on the EIB and the Member States to strengthen the network of European promotional banks and other international financial institutions to help to further leverage public and private investment;

Or. en

Amendment 172

Carla Tavares

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolution

Amendment

16 a. Welcomes the EIB’s support on sectors such as water supplies, small businesses, renewable energy and energy efficiency as well as partnerships with Team Europe, UN partners and private philanthropies to deliver maximum impact on the ground;

Or. en

Amendment 173

Rudi Kennes

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolution

Amendment

16 b. Asks the EIB to focus its projects outside the EU on the building and maintenance of highly essential public services such as education, health, and transport; demands that the EIB supports first and foremost public services;

Or. en

Amendment 174

Rudi Kennes

Motion for a resolution

Paragraph 16 c (new)

Motion for a resolution

Amendment

16 c. Recalls that on 19 July 2024, the International Court of Justice obliged the members of the United Nations not to engage in any form of trade or investment cooperation that facilitate expansion and maintenance of Israel’s illegal settlements in the West Bank; observes with grave concern that, between 2023 and 2024, the EIB lent 665 million euro to companies based in Israel, and provided Israel’s Bank Leumi with 500 million euro of financial support; notes that the entities financed by the EIB are included in the UN list of entities involved in the construction and maintenance of illegal settlements in the West Bank;

Or. en

Amendment 175

Rudi Kennes

Motion for a resolution

Paragraph 16 d (new)

Motion for a resolution

Amendment

16 d. Notes that on 2 October 2025, the European Ombudsman opened an inquiry into the EIB’s funding of Israeli entities involved in the construction and functioning of the illegal Israeli settlements in the West Bank; strongly condemns Israel’s illegal decision to reinstate the land registration process in the occupied West Bank to accelerate the annexation of Palestinian land by Israeli public and private owners; underlines that, in light of the continuing expansion of illegal settlements, any funding provided to Israeli entities facilitates evictions, ethnic cleansing, violence and mass murder of legitimate Palestinian residents; demands that all financing to Israeli entities be immediately suspended and returned to the EIB to be invested in projects that benefit other beneficiaries;

Or. en

Amendment 176

Rudi Kennes

Motion for a resolution

Paragraph 16 e (new)

Motion for a resolution

Amendment

16 e. Recalls that, in response to the questions submitted by Parliament, the EIB denied all allegations of financing economic activities in illegal Israeli settlements; notes that the evidence presented by various international organisations puts into question the truthfulness of the EIB’s response; calls on the EIB to suspend all financial cooperation with Israeli entities and to take full responsibility for making the EU complicit with the destruction of Palestinian lives, livelihoods, and land;

Or. en

Amendment 177

Rudi Kennes

Motion for a resolution

Paragraph 16 f (new)

Motion for a resolution

Amendment

16 f. Notes with concern the EIB’s decision of December 2023 to establish a critical raw materials partnership with Rwanda; notes that, in October 2025, the EIB and the Commission promised to channel funds to Rwanda under the Team Europe programme; recalls that, since March 2022, the Rwanda Defence Force (RDF) has been occupying eastern parts of the Democratic Republic of Congo in support of separatist rebel groups, most notably the M23; reminds the EIB that, in March 2025, the Council imposed sanctions on three RDF commanders and on the CEO of the Rwanda Mines, Petroleum and Gas Board (RMB) for illegally extracting minerals in the Congolese territories occupied by M23; notes that the Council also sanctioned commercial entity Gasabo Gold Refinery for extracting gold in the occupied DRC; observes that 90% of Rwandan raw material exports originate in the DRC; recalls that the financing of mining conflict minerals and metals is excluded from the EIB list of activities; notes the RC-B10-0102/2025 motion for resolution adopted by the European Parliament on 13 February 2025 reiterates the Parliament’s call to rescind its partnerships with Rwanda; urges the EIB to immediately follow up on this recommendation;

Or. en

Amendment 178

Rudi Kennes

Motion for a resolution

Paragraph 16 g (new)

Motion for a resolution

Amendment

16 g. Observes that the Global Gateway Initiative, launched by the Commission in 2021, leverages EIB financing to provide loans to projects in the Global South, notably in Africa, South America, and Asia; notes that the majority of projects sponsored under the Global Gateway involve large European companies and push for the privatisation of public infrastructure, instead of prioritising investments that pursue the UN Sustainable Development Goals; criticises the EIB for its insufficient human rights due diligence frameworks and the lack of robust transparency and accountability measures; calls on the EIB to reevaluate its investment strategy under Global Gateway to ensure comprehensive involvement of local stakeholders, and to only fund projects applying the highest social, labour, and environmental standards;

Or. en

Amendment 179

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolution

Amendment

16 b. Notes with concern that the EIB’s autonomous exclusion system and the Commission’s Early Detection and Exclusion System (EDES) are not fully equivalent and do not operate with automatic reciprocity; calls on the Commission and the EIB to develop a joint roadmap for operational alignment, including standard evidence-sharing, reciprocal follow-up procedures, and annual reporting on cases transmitted between both systems, or failing that, to report on the number and outcome of cases processed through the expedited procedure;

Or. en

Amendment 180

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 16 f (new)

Motion for a resolution

Amendment

16 f. Notes that exclusions under the EIB autonomous exclusion list and the Commission’s Early Detection and Exclusion System (EDES) are not automatically reciprocal; calls for formalised procedures ensuring systematic cross-recognition of exclusion decisions where legally possible;

Or. en

Amendment 181

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 16 c (new)

Motion for a resolution

Amendment

16 c. Welcomes the EIB’s sanctions compliance programme and calls for regular reporting on sanctions-screening controls and anti-circumvention safeguards in EIB-financed operations; maintains that the EIB should have unrestricted oversight of all its investments outside the EU;

Or. en

Amendment 182

Dick Erixon

Motion for a resolution

Paragraph 17

Motion for a resolution

Amendment

17. Emphasises that robust anti-fraud measures are essential to ensure taxpayers’ trust in EIB investments and its continued support for Ukraine; calls for rigorous audit standards; maintains that the EIB should have unrestricted oversight of all its investments outside the EU;

17. Recognises that Ukraine is defending itself against Russia's illegal aggression and that anti-corruption efforts must be pursued to the fullest extent possible while accounting for these extraordinary circumstances; emphasises that robust anti-fraud measures are essential for maintaining taxpayer trust and ensuring continued public support for Ukraine; calls on the EIB to ensure that Ukraine Facility funds are subject to rigorous audit standards; maintains that the EIB should have unrestricted oversight of all its investments outside the EU;

Or. en

Amendment 183

Rudi Kennes

Motion for a resolution

Paragraph 17

Motion for a resolution

Amendment

17. Emphasises that robust anti-fraud and anti-corruption measures are essential when the EIB makes investments inside and outside the EU to ensure taxpayers can trust EIB investments; calls for rigorous audit standards; maintains that the EIB should have unrestricted oversight of all its investments inside and outside the EU;

Or. en

Amendment 184

Carla Tavares

Motion for a resolution

Paragraph 17

Motion for a resolution

Amendment

17. Emphasises that robust anti-fraud measures are essential to ensure taxpayers’ trust in EIB investments and its continued support for non-EU countries; calls for rigorous audit standards; maintains that the EIB should have unrestricted oversight of all its investments outside the EU;

Or. en

Amendment 185

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 17

Motion for a resolution

Amendment

17. Welcomes the EIB Group’s cooperation with OLAF, EPPO and Europol and notes the reported 29 referrals to OLAF and 20 referrals to EPPO in 2024; welcomes the EIB’s interest in gaining access to the Commission’s ARACHNE risk-scoring tool; calls on the Commission to facilitate such access without delay, in order to strengthen fraud detection and prevention across all EIB operations;

Or. en

Amendment 186

Dick Erixon

Motion for a resolution

Paragraph 17 a (new)

Motion for a resolution

Amendment

17 a. Notes that EIB Group’s current accountability level is consequential of the EIB operating under a dual regime: EU-budget-backed operations are indirectly scrutinised through the Commission, the ECA and the EP discharge, whereas operations financed from the Bank’s own resources coming from EU member states – more than three quarters of EIB lending – fall largely outside systematic external audit and national and European parliamentary scrutiny;

Or. en

Amendment 187

Dick Erixon

Motion for a resolution

Paragraph 17 b (new)

Motion for a resolution

Amendment

17 b. Observes that the EIB has a dense internal accountability architecture, and an external auditor providing oversight on the Bank operations and accounting system; agrees that such structure is broadly in line with international practice; stresses that, as the EIB’s traditional role expands alongside an increasing use of complex financial instruments and blended operations, EIB transparency and disclosure are being frequently questioned, its ethical framework is sub-optimal, reporting to EP is occasional, cooperation with Ombudsman has shifted and ECA’s role is limited by the current rules and implementing arrangements; expresses concerns about the lack of tangible actions by the EIB in addressing this situation, in spite of the many reiterated calls included in its resolutions and the availability to dialogue and cooperation expressed by the European budgetary and discharge authority;

Or. en

Amendment 188

Dick Erixon

Motion for a resolution

Paragraph 18

Motion for a resolution

Amendment

18. Endorses Contact Committee statement CC 1/2025 identifying critical audit gaps; notes the paradox of the EIB’s expanded mandate and restricted audit powers; calls for the involvement of the national supreme audit institutions; reiterates that Treaty change is necessary to give the European Court of Auditors full access to the EIB;

18. Endorses the findings of the Contact Committee Statement (CC 1/2025), which formally identified critical gaps in the external public audit of the EIB; notes the paradox where the EIB's mandate and EU budget guarantees are expanded, yet audit powers remain restricted; calls on the EIB to actively involve national Supreme Audit Institutions to ensure accountability for operations not currently covered by the ECA; reiterates that a Treaty change is necessary to grant the ECA full and unrestricted access to all EIB operations to align democratic accountability with the EIB's evolving financial exposure;

Or. en

Amendment 189

Carla Tavares

Motion for a resolution

Paragraph 18

Motion for a resolution

Amendment

18. Notes the Contact Committee statement CC 1/2025 identifying critical audit gaps; stresses the need to align and adapt the audit framework to the EIB’s expanded mandate, so as to guarantee robust accountability and oversight; calls for the involvement of the national supreme audit institutions; reiterates that Treaty change is necessary to give the European Court of Auditors full access to the EIB;

Or. en

Amendment 190

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 18

Motion for a resolution

Amendment

18. Endorses Contact Committee statement CC 1/2025 identifying critical audit gaps; calls for strengthened structured exchanges among the EIB, the ECA and national audit institutions, including regular information-sharing on risk areas and follow-up of audit recommendations; acknowledges that Treaty change is necessary to give the European Court of Auditors full access to the EIB;

Or. en

Amendment 191

Dirk Gotink

Motion for a resolution

Paragraph 18

Motion for a resolution

Amendment

18. Notes Contact Committee statement CC 1/2025 identifying critical audit gaps; notes the paradox of the EIB’s expanded mandate and restricted audit powers; reiterates that Treaty change is necessary to give the European Court of Auditors full access to the EIB;

Or. en

Amendment 192

Rudi Kennes

Motion for a resolution

Paragraph 18

Motion for a resolution

Amendment

Or. en

Amendment 193

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 18 a (new)

Motion for a resolution

Amendment

18 a. Stresses the importance of the independence and effectiveness of the EIB Complaints Mechanism; calls for enhanced transparency regarding complaints received, their resolution and implementation of recommendations, and for strengthened cooperation with the European Ombudsman;

Or. en

Amendment 194

Rudi Kennes

Motion for a resolution

Paragraph 18 a (new)

Motion for a resolution

Amendment

18 a. Notes that the EIB is not subject to any external banking supervision, unlike the European Central Bank, which is overseen by the Single Supervisory Mechanism; calls on the EU to establish a robust supervisory mechanism for the EIB;

Or. en

Amendment 195

Dirk Gotink

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

19. Expresses concern regarding the bankruptcy of Northvolt, despite it having received EUR 942.6 million in EIB lending; notes that similar risks appear to exist with Stegra; calls for the disclosure of the EIB’s risk assessments; demands a review of the lessons learned from the Northvolt case; calls on the EIB to disclose the risk assessment profiles for these and other similar engagements; reiterates its call on the EIB to provide details of the evaluation and decision-making process that took place ahead of the investment in Northvolt AB, and to explain how such a crucial project failed despite the EIB’s claims that it carries out adequate and continuous monitoring of the beneficiaries of its financial support; notes with concern the party-political links between the EIB leadership and an early Northvolt investor and advisor;

deleted

Or. en

Amendment 196

Rudi Kennes

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

19. Expresses deep concern regarding the bankruptcy of Swedish electric battery manufacturer Northvolt, despite it receiving EUR 942.6 million in EIB lending; recalls that the EIB had already allocated 400 million euro of loans in the previous years; reminds that the EIB’s objective for this allocation was to enhance Europe’s capacity to produce sustainable batteries for electric vehicles and to contribute to the EU’s self-reliance in the automotive sector; observes that the bankruptcy resulted in nearly 6,000 dismissals; strongly condemns the EIB’s negligence in its risk assessment and the EIB’s failure to impose binding social and environmental conditionalities and to have better oversight over Northvolt’s operations; demands full accountability for this significant waste of taxpayers’ money and recommends to pursue legal action to recover these funds in order for them to be reallocated to other projects that serve the public interest; notes that similar risks appear to exist with Stegra; demands a review of the lessons learned from the Northvolt case; calls on the EIB to disclose the risk assessment profiles for these and other similar engagements; reiterates its call on the EIB to provide details of the evaluation and decision-making process that took place ahead of the investment in Northvolt AB, and to explain how such a crucial project failed despite the EIB’s claims that it carries out adequate and continuous monitoring of the beneficiaries of its financial support; notes with concern the party-political links between the EIB leadership and an early Northvolt investor and advisor; urges the EIB to consider how it can leverage green financing for collective use, rather than private profit;

Or. en

Amendment 197

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

19. Expresses concern regarding the bankruptcy of Northvolt, despite it having received EUR 942.6 million in EIB lending; calls on the EIB to complete and publish its comprehensive post-operation assessment, including the evaluation of financial exposure, the adequacy of early-warning indicators, and lessons learned for future appraisals and monitoring of high-risk innovation projects; calls on the EIB to disclose its risk assessment profile for the Stegra project as soon as ongoing processes allow;

Or. en

Amendment 198

Dick Erixon

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

19. Expresses concern regarding the bankruptcy of Northvolt, AB, the battery manufacturer who filed for bankruptcy in Sweden on 12 March 2025 after having benefited from a substantial EIB lending package of slightly over EUR 942.6 million, signed as per 2020 as part of the debt financing to expand a gigafactory site; notes that similar risks appear to exist with similar large-scale ventures such as Stegra (H2 Green Steel); calls for the disclosure of the EIB’s risk assessments; demands a review of the lessons learned from the Northvolt case; calls on the EIB to disclose the risk assessment profiles for these and other similar engagements; reiterates its call on the EIB to provide details of the evaluation and decision-making process that took place ahead of the investment in Northvolt AB, and to explain how such a crucial project failed despite the EIB’s claims that it carries out adequate and continuous monitoring of the beneficiaries of its financial support; notes with concern the party-political links between the EIB leadership and an early Northvolt investor and advisor;

Or. en

Amendment 199

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

19. Expresses concern regarding the bankruptcy of Northvolt, despite it having received EUR 942.6 million in EIB lending; notes that similar risks appear to exist with Stegra; calls for the disclosure of the EIB’s risk assessments; demands a review of the lessons learned from the Northvolt case; calls on the EIB to disclose the risk assessment profiles for these and other similar engagements; reiterates its call on the EIB to provide details of the evaluation and decision-making process that took place ahead of the investment in Northvolt AB, and to explain how such a crucial project failed despite the EIB’s claims that it carries out adequate and continuous monitoring of the beneficiaries of its financial support; calls on the EIB to publish, in an appropriately aggregated and confidentiality-compliant manner, the methodology and key assumptions used in its risk assessments for large strategic projects, including governance, concentration and technology risks, and to strengthen its disclosure and accountability standards for similar high-risk exposures;

Or. en

Amendment 200

Carla Tavares

Motion for a resolution

Paragraph 19

Motion for a resolution

Amendment

Or. en

Amendment 201

Dick Erixon

Motion for a resolution

Paragraph 19 a (new)

Motion for a resolution

Amendment

19 a. Maintains that the expansion of the gigafactory site was expected to increase the annual output capacity for battery production and was of strategic importance for global competitiveness, hence questions whether the due diligence process adequately assessed the risks inherent in scaling up unproven technologies; regrets, however, EIB lack of action and lack of information about the action to be launched to clarify the extent of the financial exposure and the possible damage; reiterates its call on the Commission and on the EIB Board of Directors to launch an in-depth internal review without undue delay to verify the financial damage, the reasons for and the background to the failure of this flagship project and to learn from this experience in order to prevent the recurrence of a similar situation or enable the early detection thereof;

Or. en

Amendment 202

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 19 a (new)

Motion for a resolution

Amendment

19 a. Notes that the Northvolt operation was considered high-risk at approval stage and required EU guarantee support; calls on the EIB to establish enhanced stress-testing and risk concentration limits for large strategic projects, and to report to Parliament on aggregate exposure to high-risk single borrowers;

Or. en

Amendment 203

Dick Erixon

Motion for a resolution

Paragraph 19 b (new)

Motion for a resolution

Amendment

19 b. Calls on the EIB to systematically evaluate and publicly report on the incidence of late payments and beneficiary bankruptcies across its lending portfolio; insists that such evaluation should include root-cause analysis to identify whether failures stem from inadequate due diligence, external shocks, or systemic issues in project selection methodologies; stresses that transparent reporting is essential for value for money assessment and for maintaining taxpayer confidence;

Or. en

Amendment 204

Dick Erixon

Motion for a resolution

Paragraph 19 c (new)

Motion for a resolution

Amendment

19 c. Reminds that the lack of synchronization between the EIB Exclusion Procedures and the Commission's Early Detection and Exclusion System (EDES) is liable to result in lack of effectiveness and efficiency of the measures; notes with concern that full equivalence is not yet in place, allowing entities excluded for misconduct in EIB own-resource projects to potentially participate in EU-funded projects, and vice versa; reiterates its call on the EIB Group and the Commission to cooperate in identifying potential gaps and proposing remedies; calls on both to accelerate efforts towards reciprocal recognition of exclusion decisions where the legal basis permits; asks the EIB to report more comprehensively on the impact of these procedures;

Or. en

Amendment 205

Dick Erixon

Motion for a resolution

Paragraph 20

Motion for a resolution

Amendment

20. Strongly insists on strengthening conflict of interest prevention; calls for stricter cooling-off periods for EIB vice-presidents and clearer rules for their participation in decisions concerning their countries of origin;

20. Strongly insists on strengthening conflict of interest prevention in light of recent revolving-door cases and European Ombudsman recommendations; calls for the revision of the code of conduct to enforce stricter cooling-off periods for EIB vice-presidents, empower the Ethics and Compliance Committee to impose risk-mitigating measures, and establish clearer rules for their participation in decisions concerning their countries of origin; underlines the recently published investigation that identifies five cases (since 2019) of former members of EIB key decision-making bodies involved in revolving doors scandals and never sanctioned by the Bank, as well as the case (dating back to December 2024) of an EIB vice-president appointed board member of an airport for which he had signed as EIB representative a loan for controversial expansion project, who appeared also as co-founder of a start-up beneficiary of EIB advisory and financial assistance; notes that the cooling-off period has been extended to 24 months; reminds that Management Committee members are asked to inform the Ethics and Compliance Committee and seek approval for any negotiations regarding prospective employment; shares the view of the European Ombudsman that the role of the EIB Ethics and Compliance Committee should be strengthened; reminds that mitigating measures, such as ring-fencing and cooling-off periods, should be perceived as unquestionable;

Or. en

Amendment 206

Rudi Kennes

Motion for a resolution

Paragraph 20

Motion for a resolution

Amendment

20. Strongly insists on strengthening the prevention of conflict of interest; calls for stricter cooling-off periods for EIB presidents, vice-presidents, and managers, and clearer rules for their participation in decisions concerning their countries of origin;

Or. en

Amendment 207

Dick Erixon

Motion for a resolution

Paragraph 20 a (new)

Motion for a resolution

Amendment

20 a. Stresses a leaked EIB internal audit flagging conflict of interest provisions as 'needing significant improvement,' including failure to cover apparent and potential conflicts; emphasises that declarations of interest by EIB and European Investment Fund (EIF) governing and audit bodies are misaligned with other Multilateral Development Banks (MDBs) and the European Central Bank (ECB) and must be rectified without delay; underlines the lack of authority, independence and scope of EIB and EIF ethics compliance functions and the risks posed by complex reporting lines exposing sensitive personal data; urges the Bank to align with the Ethics Network of Multilateral Organisations (ENMO) and report on follow-up actions taken;

Or. en

Amendment 208

Rudi Kennes

Motion for a resolution

Paragraph 20 d (new)

Motion for a resolution

Amendment

20 d. Notes with concern that the EIB 2025 internal audit report on personal conflict of interest identified significant deficiencies in the application of ethics considerations in decision-making, inadequacy and incompleteness of reported cases, insufficient provisions on cooling-off periods and external activities, and lack of preventive and detective controls over the financial transactions of EIB staff members; acknowledges the confidential nature of this report; urges the EIB to make all information on conflicts of interest available to the public and to urgently fill gaps in the current ethics framework;

Or. en

Amendment 209

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 a (new)

Motion for a resolution

Amendment

20 a. 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;

Or. en

Amendment 210

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 f (new)

Motion for a resolution

Amendment

20 f. Notes that Regulation (EC) No 1049/2001 does not formally apply to the EIB; calls on the EIB, in the context of its 2026 Transparency Policy review, to align its access-to-documents regime functionally with Regulation 1049/2001, limiting refusals to strictly necessary and justified exceptions;

Or. en

Amendment 211

Rudi Kennes

Motion for a resolution

Paragraph 20 c (new)

Motion for a resolution

Amendment

20 c. Notes that, in 2023, the EIB provided Flemish wastewater treatment company Aquafin with a loan of 200 million euro, which was the 12th loan provided to this company since 1994; observes with concern that, in 2024, an EIB vice-president left the Bank and joined Aquafin’s board of directors; expresses doubts about whether a potential conflict of interest was dutifully prevented in this case; urges the relevant authorities to launch an investigation; calls on the EIB to follow up on the Ombudsman’s 611/2022/KR recommendation to the EIB to improve the competence of its ethics and compliance committee in overseeing that the new roles of management committee members do not raise these concerns, given these precedents;

Or. en

Amendment 212

Rudi Kennes

Motion for a resolution

Paragraph 20 a (new)

Motion for a resolution

Amendment

20 a. Strongly insists on a very thorough review of the Complaints Mechanism of the EIB; demands for the President of the Complaints Mechanism to be chosen from professionals outside the institution; asks for a larger budget for the Mechanism and full independence of its members, meaning that direct contact between the Board and the President of the Mechanism should happen without any interference by EIB management and legal services; requires the EIB to maintain and apply a red list of promoters who have breached previous EIB rules, and that they are not be able to access EIB investments for a minimum of 5 years;

Or. en

Amendment 213

Dick Erixon

Motion for a resolution

Paragraph 20 c (new)

Motion for a resolution

Amendment

20 c. Notes the increasing number of cases handled by the EIB Complaints Mechanism (113 cases in 2024, 104 in 2023 and 97 in 2022); stresses that the CM remains a self-referential dispute-solving process fully embedded in the Bank's structure at the cost of its independence, whose findings are subject to review and approval by the same management structures that it is supposed to scrutinise; notes that appointments are made internally without external oversight; regrets that it does not report individual cases to the Board of Directors but only aggregate summaries in biannual reports; calls on the EIB to reform the Complaints Mechanism to ensure genuine independence and external accountability;

Or. en

Amendment 214

Dick Erixon

Motion for a resolution

Paragraph 20 b (new)

Motion for a resolution

Amendment

20 b. Notes the increased workload of the Investigative Division (IG/IN) in 2024 (244 new allegations, 49 referrals to OLAF and EPPO); regrets that the IG/IN annual report continues to lack adequate information on the financial magnitude, affected funds and mandates, project types, mitigating measures, and Member States concerned; invites again the EIB Inspector General and the Head of Division IG/IN to improve data quality and engage with Parliament on safeguarded financial interests, pursuing a proper balance between transparency and confidentiality; stresses that such reporting should include root-cause analysis to identify whether failures stem from inadequate due diligence, external shocks, or systemic issues in project selection;

Or. en

Amendment 215

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 b (new)

Motion for a resolution

Amendment

20 b. Calls on the EIB Group to strengthen measures to safeguard staff well-being, including the prevention of harassment and psychosocial risks, transparent career progression rules and independent mediation mechanisms; calls for anonymised reporting to Parliament on staff turnover, absenteeism, and internal grievance procedures;

Or. en

Amendment 216

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 d (new)

Motion for a resolution

Amendment

20 d. Calls on the EIB to ensure a fair geographical balance in recruitment and management positions reflecting the diversity of the Union, while fully respecting merit-based selection principles; requests transparent reporting on nationality distribution across grades and management levels;

Or. en

Amendment 217

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 c (new)

Motion for a resolution

Amendment

20 c. Notes the importance of achieving gender balance at all hierarchical levels of the EIB Group, particularly at senior management and Board level; calls on the EIB to publish annually disaggregated data on gender representation, recruitment, promotions and pay differentials, and to adopt measurable targets to address imbalances;

Or. en

Amendment 218

Erik Marquardt

on behalf of the Verts/ALE Group

Motion for a resolution

Paragraph 20 e (new)

Motion for a resolution

Amendment

20 e. Calls on the EIB to strengthen diversity and inclusion policies, including measures addressing disability inclusion and equal opportunities, and to report annually on progress achieved;

Or. en

Amendment 219

Rudi Kennes

Motion for a resolution

Paragraph 20 f (new)

Motion for a resolution

Amendment

20 f. Notes with deep concern that the EIB reported two cases of employee suicides between 2013 and 2020; calls on the EIB to introduce robust mental health support mechanisms, and to improve the Bank’s workplace culture; calls for a thorough investigation into these cases to ascertain if they are related to issues regarding their working conditions;

Or. en

Amendment 220

Rudi Kennes

Motion for a resolution

Paragraph 20 b (new)

Motion for a resolution

Amendment

20 b. Expresses concern over the alleged corruption case of a former EIB president who reportedly approved 1 million euro of exit pay and closure of several disciplinary files regarding a former employee of theirs; welcomes the EIB’s decision to lift the immunity of the suspects to enable an investigation by EPPO; awaits the results of the EPPO investigation; urges the EIB to introduce a strong anti-corruption framework to prevent future cases of misconduct;

Or. en

Amendment 221

Rudi Kennes

Motion for a resolution

Paragraph 20 e (new)

Motion for a resolution

Amendment

20 e. Notes that on 10 June 2024 the EIB published Annex XII to the Staff Rules, titled “Framework for recognition of trade unions at the European Investment Bank”; expresses concern that the threshold for recognition of trade unions is 7% of EIB employees, making it difficult for EIB employees to unionise; calls on the EIB to improve its rules regarding the recognition of trade unions and to engage with trade unions demands;

Or. en

Amendment 222

Dick Erixon

Motion for a resolution

Paragraph 21

Motion for a resolution

Amendment

21. Regrets that the EIB failed to follow up on Parliament’s annual report on its financial activities in 20231 ; stresses that interinstitutional agreement is essential for predictable cooperation;

21. Regrets the delay of the EIB in providing follow up to the Parliament’s annual report on the control of its financial activities for the year 20231; which is traditionally provided in line with a practice established in many previous years; stresses that more structured and predictable cooperation would be beneficial to both parties; maintains that a memorandum of understanding or an interinstitutional agreement is essential for establishing such a cooperation on information, exchange, hearings and follow-up that would make it tangible the practices already in large measure established with the Bank; welcomes the EIB’s declared availability to engage in a dialogue to ensure that cooperation is based on predictable institutional commitments rather than on informal arrangements; reiterates its call for rapidly finalising such arrangement; calls exploring further ways for a better coordination between the EP, national parliaments and Supreme Audit Institutions and for an enhanced exchange with civil society and academia which would foster greater transparency;

_________________

1 European Parliament resolution of 28 February 2024 on the financial activities of the European Investment Bank – annual report 2023 (OJ C, C/2024/6742, 26.11.2024, ELI: http://data.europa.eu/eli/C/2024/6742/oj).

1 European Parliament resolution of 6 May 2025 on the control of the financial activities of the European Investment Bank – annual report 2023 (2024/2052(INI)) https://www.europarl.europa.eu/doceo/document/TA-10-2025-0076_EN.html

Or. en

Amendment 223

Vlad Vasile-Voiculescu, Olivier Chastel, Gilles Boyer

Motion for a resolution

Paragraph 21

Motion for a resolution

Amendment

21. Notes the EIB efforts to improve documentation of decision-making, including indication of required majorities where applicable; regrets that Parliament’s requests for fuller project-level transparency and more systematic follow-up remain only partially addressed; calls on the EIB, in the context of the planned 2026 review of its Transparency Policy, to align more closely with the principles of Regulation (EC) No 1049/2001, while respecting legitimate banking confidentiality; stresses that interinstitutional agreement is essential for predictable cooperation;

_________________

Or. en

Amendment 224

Carla Tavares

Motion for a resolution

Paragraph 21

Motion for a resolution

Amendment

21. Recalls the importance of ensuring proper follow-up on Parliament’s annual report on the control of the financial activities of the European Investment Bank Group; stresses that interinstitutional agreement is essential for predictable cooperation; welcomes in this sense the progress made in the negotiations on the interinstitutional agreement and calls for its swift conclusion in order to make cooperation more fruitful, structured and intensive;

_________________

Or. en

Amendment 225

Dirk Gotink

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolution

Amendment

21 a. Calls on the EIB to fully align its Exclusion Policy with the Commission’s Early Detection and Exclusion System in terms of decision-making standards, results and remedies; reiterates its call on the EIB Group and the Commission to cooperate in identifying the potential gaps and proposing remedies, including an expedited procedure to enforce EIB exclusion decisions via the Early Detection and Exclusion System;

Or. en

Amendment 226

Rudi Kennes

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolution

Amendment

21 a. Notes with concern anonymous reports made by EIB staff regarding the obfuscation of information on 47 misconduct cases in the Ethics and Integrity Report published by the EIB on 3 December 2025; recalls that, according to an internal survey conducted in 2023, 50% of EIB employees fear repercussions for whistleblowing; calls on the EIB to introduce robust whistleblower protection and transparency measures;

Or. en

Amendment 227

Dick Erixon

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolution

Amendment

21 a. Acknowledges that the main relevant audit tasks are entrusted to the EIB Audit Committee; believes that the participation of qualified external representatives, in specific Audit Committee tasks, could enhance the objectivity of the Audit Committee’s analyses;

Or. en

Amendment 228

Rudi Kennes

Motion for a resolution

Paragraph 21 b (new)

Motion for a resolution

Amendment

21 b. Welcomes the Ombudsman’s conclusions, published on 20 November 2023, that urge the EIB to proactively publish the Environmental and Social Data Sheets ahead of the approval of loans, in order to allow the general public to participate in meaningful assessments of EIB financing; commends the EIB’s decision to proactively publish environmental information on projects funded outside the EU; calls on the EIB to improve transparency with regards to all its loans;

Or. en

Amendment 229

Dick Erixon

Motion for a resolution

Paragraph 21 b (new)

Motion for a resolution

Amendment

21 b. Notes that transparency and access to information have improved in recent years, but observes that project-level disclosures and traceability remain uneven, especially for operations involving financial intermediaries and complex guarantee structures; calls on the Bank to better align its internal indicators with EU-wide sustainability standards (for instance, to fill the discrepancy between the EIB’s Climate Action Ratio and EU Green Asset Ratio metrics)|; reminds that adequate reporting is a necessary pre-condition to transparency and regrets that reporting to the EP relies on voluntary and occasional appearances by the EIB President, either in Plenary or on Committee with sectorial competences;

Or. en

Amendment 230

Dick Erixon

Motion for a resolution

Paragraph 21 c (new)

Motion for a resolution

Amendment

21 c. Notes the findings of the 2025 DFI Transparency Index, which indicate that the European Investment Bank (EIB) scores below peer multilateral development banks such as the World Bank, Asian Development Bank, and African Development Bank on overall transparency metrics; recognises, however, the EIB's significant strengths identified in the November 2025 'Behind the Billions'1a report, which labels the Bank’s disclosure as 'good practice' for providing nearly complete traceability of its climate finance; emphasises that the EIB should now leverage its demonstrated leadership in data coverage to provide the granular impact data and standardised methodologies required to verify the effectiveness and value for money of its investments;

_________________

1a https://www.publishwhatyoufund.org/app/uploads/dlm_uploads/2025/11/Behind-The-Billions-November-2025.pdf

Or. en

Amendment 231

Dick Erixon

Motion for a resolution

Paragraph 21 d (new)

Motion for a resolution

Amendment

21 d. Is aware that EIB loans are not subject to the same visibility obligations as grant beneficiaries; asks, however, the EIB to ensure that the applicable contractual and legal frameworks foresee the clear display, in all projects financed with support from the Bank, that they are funded with the support of citizens of the EU Member States, thereby enhancing public awareness of the tangible benefits delivered by European investment and strengthening taxpayer confidence in the use of public resources;

Or. en

Amendment 232

Dick Erixon

Motion for a resolution

Paragraph 21 e (new)

Motion for a resolution

Amendment

21 e. Reiterates its observations on the importance of fully implementing a policy on tax fraud, evasion and avoidance; welcomes the testing of a new Tax Integrity Risk Rating Tool in 2024 to assess tax risks in projects and looks forward to assessing the Group-wide implementation in 2025; maintains its call on the EIB to refrain from funding beneficiaries or financial intermediaries which have been found to be, or are at high risk of being, involved in tax malpractices and underlines that double taxation of cross-border investments, as well as complex tax environments, constrain investments;

Or. en

Amendment 233

Dick Erixon

Motion for a resolution

Paragraph 22

Motion for a resolution

Amendment

22. Calls for timely follow-up on: (a) investment impact; (b) conflict of interest prevention; (c) transparency; (d) this resolution;

22. Urges the EIB to timely follow up the recommendations issued by Parliament, to report on the outcomes achieved and on the impact of the actions taken to implement its priorities and the EU’s policies, having special regard to:

Or. en

Amendment 234

Dick Erixon

Motion for a resolution

Paragraph 22 – point a (new)

Motion for a resolution

Amendment

(a) impact (economic, environmental and social) of its investment strategy and results achieved in contributing to the balanced and steady development of the internal market in the interests of the Union;

Or. en

Amendment 235

Dick Erixon

Motion for a resolution

Paragraph 22 – point b (new)

Motion for a resolution

Amendment

(b) actions adopted to enhance the prevention and countering of conflicts of interest, fraud, corruption and other potential forms of misconduct;

Or. en

Amendment 236

Dick Erixon

Motion for a resolution

Paragraph 22 – point c (new)

Motion for a resolution

Amendment

Or. en

Amendment 237

Dick Erixon

Motion for a resolution

Paragraph 22 – point d (new)

Motion for a resolution

Amendment

(d) measures to strengthen support for SMEs and eligible economic operators during the implementation of EU policies;

Or. en

Amendment 238

Dick Erixon

Motion for a resolution

Paragraph 22 – point e (new)

Motion for a resolution

Amendment

(e) follow-up on the calls and requests adopted via the present resolution;

Or. en

Amendment 239

Dick Erixon

Motion for a resolution

Paragraph 22 a (new)

Motion for a resolution

Amendment

22 a. Measures to strengthen support for SMEs and eligible economic operators during the implementation of EU policies;

Or. en