30 CSOs urge the EIB to not support the military-industrial complex

Today 30 CSOs, including ENAAT. urge the European Investment Bank to firmly reject increasing support for the military-industrial complex.

The Bank’s mandate is to prioritise social and climate investments to meet people’s needs and fight the climate crisis, not to fund the wealthy military industry. The defence lobby should not exploit current world conflicts to secure EIB financing.

We say #NoEIBMilitarisation!

 

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Peace and Disarmament in Europe: For shared détente, peace and security

Europe is the second most militarized region in the world, with a military budget that surpasses China’s and is three times that of Russia. Additionally, the EU’s budget for security and defense has tripled over the past two decades, reaching 19.5 billion euros in the current framework program. The Delàs Center for Peace Studies, in collaboration with the European Network Against Arms Trade (ENAAT), analyzes Europe’s militarization and proposes alternatives to European security policies in the publication “Peace and Disarmament in Europe: For shared détente, peace and security”.

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