CSOs urge EIB Global to demonstrate development impact, respond to needs of recipient countries

CSO experts have argued that EIB Global, the new dedicated development arm of the European Investment Bank (EIB), must demonstrate real development impact on the ground, including by responding directly to the needs of recipient countries.

Experts from the European Network on Debt and Development (Eurodad) and the African Forum and Network on Debt and Development (Afrodad) penned an opinion piece calling for EIB Global to ensure its development finance model is actually responsive to the needs of the countries in which the institution invests. 

The authors, Dr. Farwa Sial of Eurodad and Adrian Chikowor of Afrodad, suggest that EIB Global's governance structure would be strengthened by including participation from the lower- and middle-income countries in which the institution invests. 

Op-ed - Euractiv