Consultations

The EIB organises public consultations on selected corporate and important multi-sector policies, which typically are of interest to all EIB stakeholders. The objectives of a consultation process are in particular:

• To benefit from the expertise of a wide range of individuals and organisations and receive valuable inputs into policy development;
• To reinforce the transparency, accountability and credibility of the EIB.

As a general rule, such consultations include either one or two rounds, lasting 45 and 20 working days respectively, which can be extended whenever appropriate. Public workshops in principle are part of these processes to facilitate a direct dialogue with interested stakeholders, in parallel to a web-based consultation. Stakeholder contributions are examined and evaluated by an EIB's inter-directorate Review Panel.

Once a draft policy document is finalised, it is published for information on the EIB website for 15 working days prior to Board consideration, together with a Public Consultation Report. After Board approval, the policy is published on the EIB website and, if appropriate, in the Official Journal of the European Union.

In addition, simplified web-based consultation or informal stakeholder meetings may take place depending on the type and content of the document at stake.