The European Investment Bank (EIB) is the European Union’s bank, owned by its member states. It works with other EU institutions to support EU policy and provides lending, blended finance and technical advice for investment both within and outside the EU. As in 2016, the EIB remains in the ‘fair’ category. We therefore call on the EIB to:
- Focus on improving the comprehensiveness of its publication, in particular on financial and budgetary data as well as performance-related information.
- Ensure the quality of its IATI, for example by using existing sector codes.
- Consider further extending its transparency efforts to all private sector operations and share best practice with other DFIs.
- Take responsibility to promote the use of the data they publish: internally, to promote coordination and effectiveness; and externally, to explore online and in-person feedback loops, including at country-level.