9/ What kind of transparency standard is this? A private fund for investments in water and land use, with a financial close of 1 bn USD (!). Who pays this? BlackRock-owned @suez, already supported under the #GlobalGateway?

8/ There’s barely any info on projects. But it’s prioritised to clarify that they are intended to benefit EU companies, like in Central American electricity market – which EU likes liberalised, privatised and wide-open.

6/ There are also some agricultural projects, following Italy’s Mattei Plan. They focus on cocoa or coffee – usually underpriced export commodities with very low added value or food security impact.

We looked at risks of such EIB projects earlier this year counter-balance.org/uploads/file...

4/ Next: expansion of semiconductors factory of Germany’s Infineon in Malaysia (upper-middle income, highly industrialized)

This will strengthen DE/Infineon’s global role, and contribute to EU Chips Act & tech interests in this highly capital-intensive sector

Development?

3/ Despite problems in production acknowledged by @JozefSikela at his hearing, GH2 is again on the list for countries like Namibia – where EIB hasn’t approved loans due to unviability, and civil society complains about lack of transparency and benefits

economist.com.na/91281/commun...