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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

A large dried out river bed.

Green Climate Fund’s preference for big players weakens transparency

Blog entry | 31 October, 2017

The 18th meeting of the Green Climate Fund in the beginning of October confirmed again that big institutions are getting the biggest share of finances. This time it was the European Bank for Reconstruction and Development who left its mark.

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Major European loan to controversial Azerbaijani gas pipeline risks fuelling corruption, human rights abuse and climate change

Press release | 18 October, 2017

A USD 500 million loan approved today by the European Bank for Reconstruction and Development for the construction of the Trans Anatolian Pipeline is set to benefit, among others, state-owned companies in Azerbaijan and Turkey.

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A woman dressed in black, sitting on a couch in dimmed light.

Nenskra HPP: the concerns of worried locals fall on deaf ears of project developers

Blog entry | 12 October, 2017

In an interview, a teacher from Chuberi in the Svaneti mountains gave us an impression of how the project developers of the planned Nenskra dam engage with locals.

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MHP: ‘Business as usual’ while communities suffer

Publication | 29 September, 2017

The massive loans by public banks for Ukraine’s monopolist poultry producer MHP have not brought the company’s performance and culture in line with the relevant EU and EBRD standards. Rural communities say that if it continues with ‘business as usual’, they face more violence and suppression.

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Fossil fuel subsidies by European public banks are underwriting climate change

Blog entry | 28 September, 2017

European public banks who have repeatedly voiced their commitment to tackling the climate crisis and ‘greening’ their investment portfolios continue to dole out cash for fossil fuels extraction, distribution and consumption.

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Ukrainian civil society resists efforts to be co-opted by big agro

Blog entry | 20 September, 2017

The controversial Ukrainian agribusiness giant Myronivsky Hliboproduct (MHP) tries to handle community relations by putting publicity spin on the outcomes of a long overdue discussion with civil society.

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Georgia’s highlanders against hydropower

Blog entry | 20 September, 2017

As the Georgian government moves ahead with its plans for increasing the country’s hydropower capacity, local communities are being sidelined in the process of compensation payments.

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[Campaign update] EBRD confirms negative impacts of Albanian hydropower plants on people and the environment

Blog entry | 20 September, 2017

Recent hydropower projects in Albania exemplify the need for more climate-resilient energy sources than water. After a summer marked by drought, also the European Bank for Reconstruction and Development found flaws in the projects in helped finance.

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A mountain panorama seen from behind a raggedy wooden fence.

Systematic shortcomings will deprive people affected by Georgian dam of compensation

Blog entry | 11 September, 2017

An assessment of livelihoods of people to be affected by the Nenskra hydropower plant in Georgia is rigged with mistakes that will lead to significant losses for locals.

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Failing local communities – the Land Assessment and Livelihoods Restoration Plan for the Nenskra dam

Publication | 11 September, 2017

The Land Assessment and Livelihoods Restoration Plan for people to be affected by the Nenskra hydropower plant in Georgia is rigged with mistakes that will lead to significant losses for locals.

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