Turbulent Times or Turbulent Management? EBRD Approves Investment for Arab Countries
19 May 2012 | Naharnet
Four 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
19 May 2012 | Reuters
The 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
18 May 2012 | Environmental Finance
The 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
18 May 2012 | Morocco World News
At 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
17 May 2012 | Emerging Markets
Almost 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.
EBRD investing too much in polluting fuels-study
17 May 2012 | Reuters
The European Bank for Reconstruction and Development is lending excessively to polluting fossil fuel projects, especially coal, undermining its own sustainable energy strategy, NGO Bankwatch said in a report released on Thursday.
