EIB Vice-President McDowell reaffirms EIB commitment to preventing sexual harassment, abuse, and exploitation as IFIs issue joint statement
21 April 2018
On the margins of the World Bank Group/IMF Spring Meetings, ten International Financial Institutions (IFIs) including the EIB reaffirmed their commitment to preventing sexual harassment, abuse and exploitation, both within their own institutions and in their operations. The meeting was called by the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag and the British Secretary of State for International Development, Penny Mordaunt.
Representing the EU Bank, EIB Vice-President McDowell said: "The statement we have published today represents a public commitment by the world’s leading financial institutions to shine a light on the key issue of sexual harassment, exploitation and abuse and to make sure that we all foster a culture of respect both in our own institutions and in our activities worldwide".
"Crucially our commitment also encourages cooperation between us: in sharing good practice and to work towards an alignment of our standards and consistency in their implementation", he added.
Along with the EIB, the other nine International Financial Institutions (IFIs) are: the Asian Development Bank, African Development Bank, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, International Finance Corporation, International Fund for Agriculture and Development, International Monetary Fund, and the World Bank.
The EIB Group has stepped up its level of precaution at its headquarters in Luxembourg and in its external offices. All staff will telework as of 16 March. A small number of staff whose physical presence on EIB premises is indispensable will continue to be present on the EIB campus. The decision aims to protect the health of employees and ensure the continuity of the EIB Group’s activity.
On Wednesday the EIB identified its first case of one staff member who tested positive for corona virus.
As a precautionary measure, the EIB decided not to hold the meeting of its Board of Directors planned for Thursday 12 March in person. Decisions on the Board’s agenda will be taken by written procedure. The Bank has put in place measures to prevent disruption to its governance or operation approval schedule.
On Monday 2 March, the former President of the European Council, Donald Tusk, visited the EIB in Luxembourg on a joint invitation from the Bank, the European Stability Mechanism (ESM) and the Court of Auditors.