EBRD’s work cut out in quest to put Egypt on the road to economic renewal
The Guardian | May 24, 2012The European Bank for Reconstruction and Development faces some tough calls as it tries to revive Egypt’s economic fortunes.
EBRD sustainable investment plan shoots down critical study
blue & green tomorrow | May 23, 2012The European Bank for Reconstruction and Development (EBRD) has revealed plans to invest €6.5 billion in cutting carbon emissions, just days after a report by Bankwatch suggested that the EBRD’s investment strategy was undermining its sustainability strategy.
Are Tar Sands Pipelines Positive or Negative for Women?
Huffington Post | May 21, 2012Although delayed, the TransCanada Keystone XL tar sands pipeline is almost a go despite community resistance from the Canadian border to Texas refineries. Politics will determine when the pipeline will launch. Proponents argue that the pipeline will reduce U.S. dependence on Middle East oil. Opponents raise environmental concerns. But the discourse, dominated by national security, jobs, and pollution, mostly ignores oil extraction and pipeline impacts on women
New EBRD chief champions democracy mandate
al-Ahram | May 20, 2012Euro development bank says promoting democratic freedoms is its main goal after it agrees 1 billion euro fund for Egypt and other Arab nations.
Eastern Europe’s neoliberal disaster provides a warning for the Arab spring
The Guardian | May 20, 2012I wonder if David Cameron spent any time in eastern Europe in the 1990s.
Turbulent Times or Turbulent Management? EBRD Approves Investment for Arab Countries
Naharnet | May 19, 2012Four Arab countries are expected this year to start witnessing major foreign investments after the European Bank for Reconstruction and Development established a one billion euro ($1.28 billion) fund, excluding Lebanon from the process for allegedly failing to ask the lending body to carry out a technical assessment on the country.
New EBRD chief champions democracy mandate
Reuters | May 19, 2012The European Bank for Reconstruction and Development’s president-elect said the bank’s role in promoting democracy through its investments would be a central focus for his term, as the EBRD agreed a 1 billion euro fund for North Africa.
EBRD puts emissions target on energy lending
Environmental Finance | May 18, 2012The European Bank for Reconstruction and Development (EBRD) has announced a greenhouse gas emissions reduction target for the investments made in the 2012-14 phase of its sustainable energy initiative (SEI).
Reviving the Private Sector, a Necessity not a Choice for Benkirane’s Government
Morocco World News | May 18, 2012At the current conjuncture, the lack of job opportunities in Morocco can be a lurking threat to the government’s viability and, eventually, to the country’s stability. Those who believe that Morocco is out of the danger zone may have to reconsider their appraisal of the situation. Faced with all sorts of hurdles ranging from financial to infrastructural ones, the government is still pondering how to fulfill their promises. The domestic growth seems entrapped in a status quo due to the budget deficit and the consecutive seasons of drought that paralyze agriculture, one of the key sectors in the Moroccan economy. The public sector burdened with public expenses can no longer lift the weight of job demands among Moroccan youth.
EBRD urged to pull plug on fossil fuel lending
Emerging Markets | May 17, 2012Almost half of EBRD funding for energy projects in the six years to 2011 was devoted to fossil fuels despite its commitment to tackling climate change, a campaign group has claimed.
