A coalition of 25 organizations, including SOMO, comments on the draft Policy and Procedures for the Complaints Mechanism (CM) of the European Investment Bank (EIB). The revision of the CM is a crucial opportunity to strengthen the accountability of the EIB towards European institutions and citizens. Therefore, the organisations formulate the following key recommendations:
- The proposed draft CM Policy and Procedures are unacceptable and, if adopted, would lead to a serious setback for the independence and effectiveness of the CM, making it almost unusable for potential complainants.
- Fundamental reforms to the existing CM Policy and Procedures are necessary in order to address the serious procedural and structural flaws of the CM.
- For those changes to take place, a more equitable and meaningful public consultation is needed: this should include a second round of consultation on a substantially revised draft that merges the Policy and Procedures.