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Home > European Bank for Reconstruction and Development (EBRD) > Updates on the European Bank for Reconstruction and Development

Updates on the European Bank for Reconstruction and Development

CSO letter to the EBRD on the revision of the Good Governance policies related to Financial Intermediaries (FIs)

Publication | 13 March, 2019

The undersigned CSOs welcome this opportunity to submit comments on the EBRD’s revision of its environmental and Social Policy, Access to Information Policy and Project Accountability Policy relating to financial intermediary lending. As it was documen

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Milestone bank summit in Belgrade a step towards protecting Balkan rivers, but greater transparency still needed

Press release | 1 March, 2019

For immediate release. Belgrade – The ‘Save the Blue Heart of Europe’ campaign [1] gave a cautious welcome to a first-of-its-kind summit between the financial sector and green activists, where a roundtable about the role of banks in the destruction of Balkan rivers by hydropower dams was centre stage.

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The EBRD Country Strategy for Azerbaijan

Publication | 26 February, 2019

As the EBRD reviews its Country Strategy for Azerbaijan, Civil society organisations approached the Board of Directors to share their concerns about the situation in the country and asked the Bank to be clear that funding should be linked to the perfor

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Macedonian hydropower complaint highlights EBRD’s enduring opacity

Blog entry | 11 February, 2019

After almost a year of struggling to get basic environmental information from the EBRD about the Krapska hydropower project, Bankwatch has submitted an official complaint [1] to the bank’s Secretary General. As we run the same administrative circles over and over again, another precious river valley has been irreversibly damaged.

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Changing lives and doing no harm

Blog entry | 8 February, 2019

“We invest in changing lives” is the slogan of the European Bank for Reconstruction and Development, whose investments in 2018 reached EUR 9.5 billion through 395 projects. Whether the change is for better depends on the bank’s environmental and human rights safeguards.

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International CSOs letter regarding Amulsar mine

Publication | 22 January, 2019

The undersigned civil society groups stand in solidarity with the residents of Jermuk, Gndevaz and Kechut, and with the environmental activists and concerned civil society in Armenia and appeal to the Government of Armenia to act on the Amulsar mine pr

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The weight of gold

Blog entry | 16 January, 2019

The new gold mine in Krumovgrad boasts environmental performance and social responsibility, yet there are black spots along the path of the Bulgarian gold around the globe.

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New reports add details to investigation of Armenia gold mine

Blog entry | 8 January, 2019

If you’re looking for a revolution, sign up for notifications from your embassy. The messages pinging on smartphone screens that night in October began not long after stepping into the evening streets around the Yerevan Cascade, warning of impending demonstrations outside the Armenian parliament. To be sure, the flashing blue and red sirens and thousands of people flooding past were impossible to ignore as well, so the consulates’ SMSs came as little surprise and instead provided more than anything context to the oncoming commotion.

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Biodiversity offsetting and other problems of the ESIA of Amulsar gold project in Armenia

Publication | 8 January, 2019

This report is a critical analysis, with regard to the impacts on biodiversity, of the Environmental and Social Impact Assessment (ESIA) of the Amulsar Gold Project. Special attention has been paid to the biodiversity offsetting proposal for creation o

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Social impacts of the Amulsar mine in Armenia

Publication | 8 January, 2019

The Amulsar mine presents a number of considerable health and social risks to local communities, the tourism potential of the nearby Jermuk spa resort and the surrounding villages’ orchards, pastures and water supplies. The company Lydian Armenia prepa

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