
Eric Blancaro
Financial Writer at The Financial Analyst
Articles
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1 week ago |
thefinancialanalyst.net | Eric Blancaro
In a surprising turn of events, the European Investment Bank (EIB) has granted China Road and Bridge Corporation (CRBC) an 18-month conditional nonexclusion from its projects. This decision comes despite CRBC’s historical misconduct in the procurement procedures for multiple EIB-financed projects across several countries. The settlement, reached through negotiation, underscores the EIB’s willingness to engage with entities willing to reform, rather than outright exclusion.
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3 weeks ago |
thefinancialanalyst.net | Eric Blancaro
This week, the European Investment Bank (EIB) Group made waves at the International Social Housing Festival in Dublin, underscoring its pivotal role in Europe’s housing sector. The EIB’s director for housing, Tanguy Desrousseaux, engaged in a candid fireside chat with Ireland’s Housing Finance Association (HFA) and Approved Housing Bodies (AHB).
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3 weeks ago |
thefinancialanalyst.net | Eric Blancaro
In a groundbreaking session at the European Investment Bank’s annual conference, experts delved into the transformative potential of artificial intelligence in project management and dispute resolution, particularly in the realm of development finance. Samer Araabi, from Accountability Counsel, showcased an array of technologies, including large language models, satellite mapping, and AI tools designed to revolutionize project and complaint management.
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3 weeks ago |
thefinancialanalyst.net | Eric Blancaro
In the heart of Tunisia, a unique gathering unfolded last week, one that could reshape how development disputes are handled across the Middle East and North Africa. The European Investment Bank Group Complaints Mechanism, in collaboration with the Compliance Advisor Ombudsman for IFC and MIGA, and the Independent Recourse Mechanism of the African Development Bank, hosted a five-day workshop for 14 mediators.
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1 month ago |
thefinancialanalyst.net | Eric Blancaro
In a significant stride towards climate resilience, the European Investment Bank (EIB) Global and the National Bank of the Republic of North Macedonia (NBRNM) have wrapped up an extensive climate risk capacity-building initiative. This project, nestled under the Greening Financial Systems (GFS) Advisory Programme, has equipped over 50 experts from the NBRNM with the tools to tackle climate-related financial risks head-on. The goal?
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