Involving civil society across all its activities and being transparent is of utmost importance to the EIB. We believe that being open improves the quality and sustainability of the projects we finance and increases our accountability towards all our stakeholders.
Civil society includes a broad range of entities such as non-governmental organisations (NGOs), policy thinks tanks, research institutions, trade unions, social movements, community-based organisations, business associations and other socio-economic and labour market players.
Thanks to its expertise and understanding of local issues, civil society makes a valuable contribution to the development of EIB’s projects, policies and strategies. We actively encourage such input and foster constructive engagement and dialogue.
Policy level: We organise public consultations and provide opportunities for open dialogue on key policies and strategies. We also regularly host workshops and other events on subjects of relevance both for the Bank and for our stakeholders. We also hold bilateral meetings with civil society organisations on specific issues.
Project level: We require promoters to implement open and transparent engagement approaches with all relevant stakeholders in operations financed by EIB, as enshrined in Standard 10 of our Environmental and Social Standards. We firmly believe that stakeholder engagement conducted throughout the project cycle enhances our positive impact on the ground.
Engaging with civil society is a valuable dimension of the accountability framework of the European Investment Bank (EIB). It gives the Bank the opportunity to explain how and why decisions are made and to get input from civil society.