EIB transport policy revision begins 25 March

Dear All,

The European Investment Bank is beginning its transport policy revision 
with the publication of an issues paper on 25th March.

I think it is a good opportunity for WCN to make a submission as WCN, 
but perhaps some of the European member groups will also be able to get 
involved in their own name.

For those of you who live in blissful unawareness about the EIB, it is 
the EU's house bank, which is supposed to make loans that support EU 
policy. EU policy being what it is, this means the EIB gives loans for 
whatever it feels like.

A few years ago there was at least a lot of urban public transport mixed 
in with the motorways and airports. However from a brief calculation I 
did at the end of last year it seems that this rapidly decreased after a 
high point in around 2004. Last year the main feature of the EIB's 
lending was supporting the car industry. Although this technically comes 
under its Industry sector lending and not transport, it obviously has a 
big impact on transportation in the EU.

As I will anyway be involved in this process as part of my work with 
Bankwatch I am able to keep WCN updated and steer the commenting process 
if WCN is interested in taking part.

More info when it appears,

All the best,

Pippa
-- 
==========================
Pippa Gallop
Research Co-ordinator
CEE Bankwatch Network
http://www.bankwatch.org
Skype: pippa.gallop

c/o Zelena akcija
Frankopanska 1 pp.952
10 000 Zagreb
Hrvatska/Croatia
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