EBRD Annual Meeting 2019

Empowering communities to be heard. Protecting whistleblowers and pushing back against the threat of violence, intimidation and attacks on free speech and assembly. Preserving the environment.

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Transition

A phase out from fossil fuels is inevitable in all countries where the EBRD operates, and the bank should be listen, support, and then follow through with investments to realise this vision.

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Nenskra,
Georgia

Given the complexity of the Nenskra project and its immense impact on indigenous Svan communities and the country’s fiscal stability, the EBRD should take responsibility and not provide financial support until the project is properly assessed.

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EPS/Kostolac,
Serbia

“Restructuring” EPS is more about perpetuating non-compliance, building new coal units and expanding lignite mines. Read Bankwatch’s request to the EBRD concerning the outcomes of the EPS compliance review.

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Krapska Reka,
N. Macedonia

The case shows the importance of consulting all stakeholders before a loan contract is signed – even for Category B projects, as they may have equally destructive impacts on the environment, biodiversity and local communities.

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Hydropower,
the Balkans

The cautious approach to hydropower in the Balkans should be applied to other regions that also struggle to implement the EBRD and EU standards. The EBRD should protect the pristine ecological status of rivers and the rights of communities.

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Kheledula,
Georgia

Failing to acknowledge the Lower Svaneti Lalkhor, the violations to Georgian legislation and the bank’s own policies will deteriorate the livelihoods of the indigenous Svans and the potential for alternative development and tourism in the villages.

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Namakhvani,
Georgia

The EBRD should ensure the close examination of the project and its documents before it officially enters into pipeline, as it is likely to have a considerable effect on local communities and biodiversity.

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LATEST UPDATES

Armenia breaks international agreement on biodiversity over gold mine funding, alleges complaint

Press release | 30 March, 2020

Yerevan – The Armenian government has jeopardised three natural sites slated for protection for their unique biodiversity by moving ahead with plans for the USD 426 million Amulsar gold mine, finds a new complaint filed at the Convention on the Conservation of European Wildlife and Natural Habitats, known as the ‘Bern Convention.’

New analysis: Belgrade incinerator public-private partnership a textbook case of corporate capture

Press release | 4 December, 2019

The Belgrade solid waste public-private partnership (PPP) has been plagued by legal irregularities and circumvented binding decision-making processes, finds a new analysis published today by CEE Bankwatch Network, Counter Balance and Zero Waste Europe.

Dirty palms: European Development Banks need better due diligence and accountability to prevent human rights abuses

Blog entry | 29 November, 2019

Long considered the standard-setters in the world of development finance, Multilateral Development Banks are now at an important junction. Europe’s development financiers must step up their accountability and commitment to protection of people and nature.