Public consultation on the EIB Group Transparency Policy

Closed 12 Mar 2021

Opened 21 Dec 2020

Published responses

View submitted responses where consent has been given to publish the response.

Overview

The EIB Group Transparency Policy (EIB-TP) sets out the EIB Group's approach to transparency and stakeholder engagement. It enshrines the EIB’s commitment to openness and recognises that transparency contributes to the quality and sustainability of the projects we finance and helps build trust in the EU Bank.

The EIB-TP is based on the guiding principles of openness, ensuring trust and safeguarding sensitive information, willingness to listen and engage.

The EIB Board of Directors adopted the EIB-TP on 6 March 2015. The EIB-TP is subject to formal review, including public consultation, every five years. Therefore, the EIB is now launching a public consultation. 

This website is also available in French and German. 

Process Overview

Date

Event

21/12/2020

Launch of the public consultation   

10/02/2021

Online public consultation meeting   

12/03/2021

Deadline for submitting contributions

From 15/03/2021

Publication of all contributions

Q3 2021

Publication of the draft revised EIB-TP, draft consultation report and EIB reasoned responses to contributions 15 working days before the relevant EIB Board of Directors meeting

Q3 2021

Submission to the EIB Group governing bodies   

Q3 2021

Publication of the revised EIB-TP, as approved by the EIB Group governing bodies   

Online public consultation meeting

The EIB held a public consultation webinar on Wednesday 10 February from 10:00 to 12:30 (CET). The webinar was open to all members of the public. It provided an opportunity for the public to exchange directly with the EIB staff about the issues at stake within the review.
Thomas Östros, Vice-President of the EIB, opened the event. Hakan Lucius, Head of Corporate Responsibility, explained the background to the review. Giuseppe Nastasi, Associate Civil Society Officer, presented the EIB Group Transparency Policy (EIB-TP). An overview of the amendments currently under consideration was then provided by Juan Sterlin, Head of the Civil Society Unit, Angela Filipas, Senior Environmental Specialist, Tom Gilliams, Head of the Institutional, Corporate and Litigation Division and Sonja Derkum, Head of the Complaints Mechanism. The slides shown during the event are available here.
When the floor opened for discussion, participants shared their comments and questions with EIB experts. A summary of the discussion is available here.
The EIB would like to thank all those who participated in, and contributed to, the public consultation webinar.

Why we are consulting

The review provides an opportunity to reflect on the key lessons learned over the last five years of experience with the EIB-TP and to make the appropriate improvements, listening to the suggestions of stakeholders and the members of the public that will participate in the public consultation.

Please consult the following key documents for more information on the EIB-TP and this public consultation. 

Explanatory note

The explanatory note provides additional information on the context for the review, the main provisions of the EIB-TP and an overview of the main changes currently under consideration. The explanatory note is also available in French and German. Please click on ">>" in the top right-hand corner to download or print the document. 

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Draft revised EIB Group Transparency Policy

The draft revised EIB-TP shows all amendments currently under consideration as well as brief explanations thereof. The draft revised EIB-TP is also available in French and German. Please click on ">>" in the top right-hand corner to download or print the document. 

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How to contribute

The EIB has prepared a questionnaire to guide the public consultation and solicit views about specific transparency matters. 

The questionnaire is structured as follows: 

  • About you (part 1) – mandatory information about the respondent(s)
  • About you (part 2) - optional information about the respondent(s), to be used for statistical/analytical purposes only
     
  • Questions 1-3  - Understanding your needs
  • Questions 4-9 - Proactive publication of information or documents
  • Questions 10-15 - Disclosure of information or documents upon request
  • Questions 16-19 - Intermediated lending 
  • Questions 20-21 - Public consultations
  • Questions 22-23 - Comparison with peers 

None of the 23 questions proposed are mandatory – you may answer as many or as few of them as you wish. Responding to the entire survey should take around 10-15 minutes. Most of them are in closed, multiple choice format. When expressly stated, more than one choice is possible.

Many closed, multiple-choice questions provide space for free text input. There are also a few open questions. It would be greatly appreciated if you could elaborate on your answers, especially by providing concrete examples to illustrate your points.

There is also space at the end of the survey where you can provide additional free text comments on matters not covered elsewhere.

Once you have completed the online questionnaire, you will have the possibility to upload any supporting documentation which you might deem relevant. 

Should you prefer not to complete the questionnaire online, you can download the questionnaire here and send your contributions by email to: tpconsultation@eib.org 

The deadline for contributing to this public consultation is Friday 12 March 2021.

Audiences

  • Civil Society Organisations
  • Businesses
  • Financial Intermediaries
  • Think Tanks
  • Public Authorities
  • European Institutions
  • EU Residents
  • Non-EU Residents
  • General Public (all)
  • Vulnerable Groups

Interests

  • Consultation