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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

Tunisia case study: the EU and energy in the Arab countries

Publication | 17 November, 2015

The European Bank For Reconstruction and Development states that it is “supporting energy efficiency and the development of a sustainable energy sector” and “financing private enterprises, with a focus on SMEs” among its four priorities for Tunisia. In this briefing, the Tunisian Observatory of the Economy (OTE) argues in its assessment of EBRD activities during the period 2012-2014 that it is difficult to find EBRD investments in line with their stated strategy of focusing on SMEs and a sustainable energy sector.

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Infographic: How EU development funds fuel climate change

Publication | 17 November, 2015

A Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition. This infographic belongs to a report presented in November 2015 to the European Parliament. See the report’s excutive summary >>

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The energy dissonance: How EU development funds fuel climate change while leaders talk decarbonisation

Press release | 17 November, 2015

EU leaders repeatedly voice commitments to spearhead the global effort to tackle climate change, primarily through long-term decarbonisation targets. But a Bankwatch research into the EU’s development funds for neighbouring regions finds that considerably more European taxpayer money is supporting fossil fuels than facilitating a sustainable energy transition.

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Executive summary: European public money for the energy sector in countries of the European Neighbourhood Policy

Publication | 17 November, 2015

Countries of the European Neighbourhood have received a boost to their energy sectors in the last decade, thanks in part to the prominent role played by the EU as a catalyst of both policy reforms and financing. This paper is the executive summary of an upcoming study that examines EU financing for the energy sector in 16 countries of the European Neighbourhood between 2007 and 2014.

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Executive summary: The EU and energy in the Arab countries

Publication | 17 November, 2015

This briefing (an executive summary of an upcoming report) looks at energy investments by the EU in the Southern Mediterranean region and the impacts on the social, economic and environmental rights of citizens and communities by highlighting the compliance of these activities with the values of democracy, human rights and economic development for Egypt, Morocco and Tunisia. It also assesses the type of the investments that would be beneficial both for host countries as well as for the EU.

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Ukrainian court backs state attempt to stifle public debate on ageing nuclear fleet

Press release | 29 October, 2015

Kiev – Today a Kiev court ruled in favour of a defamation lawsuit brought by the Ukrainian state against a civil society organisation, thus backing the government’s attempts to suppress public debate on the country’s ageing nuclear fleet.

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EBRD policy breaches at Serbia coal mine confirmed by bank’s own complaint mechanism

Press release | 29 October, 2015

Prague, Belgrade – A day after the Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a new EUR 200 million loan for Serbia’s electric utility Elektroprivreda Srbije (EPS), an internal review at the Bank finds that it breached its own environmental and social policy when approving the previous EUR 80 million loan to the same company.

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Comments to the EBRD’s draft gender strategy

Publication | 22 October, 2015

In spite of positive elements the EBRD’s Draft Strategy for the Promotion of Gender Equality is unclear or appears to lack consistency in some parts. More importantly, the EBRD’s failure to take a rights-based approach to gender equality has resulted in a limited vision of gender equality of economic opportunity “as a key tool” for promoting efficient market transition. By making the business case for gender equality this approach may ensure stronger ownership of the Strategy by the bank, but it is a missed opportunity for aligning the Strategy with the bank’s unique Sustainable Development mandate. Without a persuasive presentation of the EBRD’s strategic approach to safeguarding gender rights, the draft of the Strategy lacks justification for choosing to promote women while refusing to protect them.

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[Campaign update] MEP Rebecca Harms criticises Ukrainian nuclear operator for its lawsuit against activists

Blog entry | 21 October, 2015

Nuclear safety activists in Ukraine who face defamation charges by the state nuclear operator Energoatom received support from Rebecca Harms, a member of the European Parliament, recently.

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Letter to government of Namibia: request for access to information about the Tsumeb smelter

Publication | 9 October, 2015

The Tsumeb smelter in Namibia belongs to Dundee Precious Metals, a Canadian company that operates and develops gold, copper and silver mines in Bulgaria, Armenia and Serbia. Investigating complaints about local pollution, Bankwatch member group Za Zemiata (BG) repeatedly requested access to environmental information from the Namibian government – to no avail. Read more about the Tsumeb smelter on our blog >>

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