Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-04-27-Speech-1-085-000"

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"en.20160427.16.1-085-000"2
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"Madam President, what can a bank like the European Investment Bank achieve? This year’s report from Parliament includes suggestions for improving the bank’s performance in several areas. It could help us crack down on tax avoidance by ending loans to companies registered in tax havens and providing full transparency on beneficial ownership. It could help us to fund the transition to a renewable energy future, and be a catalyst for making industry more sustainable. Indeed, the parliamentary report includes a Green demand to boost investment in sustainable industry. But the EIB is currently funding projects that do the reverse. In the UK, the Bank is investing GBP 500 million in the construction of incinerators, including the deeply unpopular incinerator in St Dennis in Cornwall. To stop such destructive investment, we are calling for stronger environmental assessment of projects and a full audit of the skills of EIB Board members to assess whether they are suitably qualified to make judgments about the environmental impact of projects seeking EIB funding."@en1
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