Join our LinkedIn Group

As a European Union institution, the European Investment Bank (EIB) upholds the following rights: (i) public access to information; (ii) access to public consultation in decision-making; and (iii) access to justice.1 International law reflects similar, complementary, requirements. These rights, and how they apply in the context of EIB-financed projects, are set out in Standard 10 of the EIB’s Environmental and Social Standards. 2 Standard 10 requires promoters (project implementers) to maintain an open, transparent and accountable dialogue with all project-affected persons, communities and other relevant stakeholders in an effective and appropriate manner. The value of public participation in the
decision-making process is stressed throughout the preparation, implementation and monitoring
phases of a project. The purpose of this Guidance note is to provide recommendations to promoters on how to meet the EIB’s requirements regarding stakeholder engagement in EIB operations. It also summarises good practices for meaningful stakeholder engagement to help promoters maximise potential project gains. The Guidance note in itself is non-binding and is to be used in conjunction with Standard 10. If there
is any inconsistency or conflict between the Guidance note and Standard 10 or any of the EIB’s other Environmental and Social Standards, the provisions of the Standards prevail. The Guidance note may be updated occasionally in line with how policies and practice related to stakeholder engagement evolve. The Guidance note follows the structure of Standard 10. The sections following this introduction cover key elements of the stakeholder engagement process. Each section starts with the relevant extract from Standard 10 (in green-shaded boxes) and the ensuing text describes both the required and recommended steps to conform to the Standard. It also advises on effective optional approaches, with good practice messages in white boxes and definitions in blue-shaded boxes. Supplementary and practical material is provided in the annexes.

Guidance note for EIB Standard on Stakeholder Engagement in the EIB operations

Resource Key: M3P4YNZI

Document Type: Report

Creator:

Author:

  • European Investment Bank

Creators Name: {mb_resource_zotero_creatorsname}

Place: Luxembourg

Institution: European Investment Bank

Date: October 2020

Language: en

As a European Union institution, the European Investment Bank (EIB) upholds the following rights: (i) public access to information; (ii) access to public consultation in decision-making; and (iii) access to justice.1 International law reflects similar, complementary, requirements. These rights, and how they apply in the context of EIB-financed projects, are set out in Standard 10 of the EIB’s Environmental and Social Standards. 2 Standard 10 requires promoters (project implementers) to maintain an open, transparent and accountable dialogue with all project-affected persons, communities and other relevant stakeholders in an effective and appropriate manner. The value of public participation in the
decision-making process is stressed throughout the preparation, implementation and monitoring
phases of a project. The purpose of this Guidance note is to provide recommendations to promoters on how to meet the EIB’s requirements regarding stakeholder engagement in EIB operations. It also summarises good practices for meaningful stakeholder engagement to help promoters maximise potential project gains. The Guidance note in itself is non-binding and is to be used in conjunction with Standard 10. If there
is any inconsistency or conflict between the Guidance note and Standard 10 or any of the EIB’s other Environmental and Social Standards, the provisions of the Standards prevail. The Guidance note may be updated occasionally in line with how policies and practice related to stakeholder engagement evolve. The Guidance note follows the structure of Standard 10. The sections following this introduction cover key elements of the stakeholder engagement process. Each section starts with the relevant extract from Standard 10 (in green-shaded boxes) and the ensuing text describes both the required and recommended steps to conform to the Standard. It also advises on effective optional approaches, with good practice messages in white boxes and definitions in blue-shaded boxes. Supplementary and practical material is provided in the annexes.

Download Document