EBRD Annual Meeting 2022
This year, the consequences of the war in Ukraine and support for alternatives to gas will be high on our agenda. We’re also helping community advocates affected by EBRD projects to share their stories.
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LATEST UPDATES
The unexplained backtracking of the EBRD and Tbilisi City Hall: why did they keep the contract with a Russian company?
Press release | 13 March, 2023The European Bank for Reconstruction and Development (EBRD) is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from a Russian company, Metrowagonmash. The company is part of Transmashholding, whose shareholders – Russian oligarchs Iskander Makhmudov and Andrey Bokarev – are closely linked with the Kremlin and its defence industry. Metrowagonmash’s sister company is also reportedly providing engines for Russian warships.Â
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EBRD funds channelled to Kremlin affiliates: Why the purchase of Tbilisi metro cars from a Russian company should not proceed as planned
Blog entry | 13 March, 2023The European Bank for Reconstruction and Development is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from Russian company Metrowagonmash. But Metrowagonmash is not just any Russian company.
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EBRD: Everything is peachy, just trust us!
Blog entry | 17 February, 2023The European Bank for Reconstruction and Development (EBRD) appears keen to finance a major new pipeline to import fossil gas from Greece to North Macedonia, which would lock the country into increased fossil gas use for decades. Yet when the rationale for this is questioned, the EBRD fails to provide relevant data to justify its claims.
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