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

While the EBRD shows off its green credentials at COP29, its North Macedonia gas pipeline loan still brings more questions than answers

Blog entry | 19 November, 2024

The EBRD has made significant investments in solar, wind and energy efficiency in recent years. But these have been undermined by its continued support for fossil fuels. This April, a EUR 98 million loan for the Greece to North Macedonia pipeline was approved, despite major leaks in the Bank’s rationale for supporting it. Recent delays have further exposed the flawed assumptions behind the project, as our new briefing shows.

Greece – North Macedonia gas interconnector update

Publication | 19 November, 2024

This briefing takes an updated look at the Greece – North Macedonia gas interconnector project and concludes that the arguments in favour of the project are still not supported by convincing evidence and that the claimed benefits are highly unlikely to materialise.

Western Balkan cities: Pressure with no release

Publication | 24 October, 2024

Using case studies from Belgrade, Sarajevo and Skopje, our report examines urban planning practices, the consequences of poor governance, and the need for sustainable infrastructure investment.