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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

Sport for Rights to EBRD: No public money for Lukoil and mega gas project in Azerbaijan

Publication | 20 July, 2015

On Wednesday 22 July the European Bank for Reconstruction and Development (EBRD) will decide whether it will arrange a loan of up to $ 500 million to Russia’s Lukoil for the Shah Deniz II offshore gas project in Azerbaijan. Together with the campaigners of Sport for Rights and sixteen other NGOs, Bankwatch has written a letter to the EBRD’s president and its directors. We urge them to reject the project because Azerbaijan fails the EBRD’s basic requirements which include human rights, multi-party democracy, rule of law and pluralism.

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Letter by Members of the European Parliament to the EBRD and Euratom regarding the Nuclear Power Plant Safety Upgrade Programme

Publication | 1 July, 2015

The request is made in the context of Ukraine’s obligations under the Espoo convention, such that the EBRD and EuroAtom should “take steps for suspending the loan proceedings until a full trans-boundary EIA process for nuclear units lifetime extension is launched and carried out in accordance with international treaties to which Ukraine is a party.”

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Preliminary comments on the Nenskra Environmental Impact Assessment and its consultation process

Publication | 25 June, 2015

Following an on-site visit in the Upper Svaneti region in Georgia, these comments find substantial weaknesses in the Environmental Impact Assessment (EIA) for the Nenskra hydropower plant, in particular with regards to the engagement and consultation of local communities. See also the comments on the final Nenskra EIA report.

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Azeri regime stifles criticism ahead of European Games. European lender must finally take measures.

Blog entry | 10 June, 2015

UPDATE 1 12h CET 12 June 2015 Platform have taken to the streets of London to protest the opening of the European Games. See a video of the action below, and read more in their book published Friday, All that glitters, which explores how the European Games belong to the Aliyev regime and the British oil company BP and how sport is being co-opted in the service of a dynasty and fossil fuels. ––––

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Italian mayor stands up against EU priority gas pipeline

Blog entry | 8 June, 2015

Local opposition against the Trans-Adriatic gas pipeline (TAP) is growing as an Italian mayor made clear in an open letter to the European Commission and European public banks.

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Transforming development finance? Europe’s multilateral lenders fail on aid transparency

Blog entry | 4 June, 2015

The recently published 2015 Aid Transparency Review concludes that the European Union is off track from meeting its aid transparency commitments. Europe’s two multilateral development banks are indicative of the altogether rather disappointing outcome.

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Reflections on biodiversity offsetting in Mongolia

Publication | 25 May, 2015

A fact-finding mission in April 2015 to Mongolia identified serious concerns regarding the implementation of the new Mongolian Environmental Impact Assessment (EIA) legislation – in particular the specific provision on biodiversity offsetting. Oyu Tolgoi (OT), the largest mining investment ever licensed in Mongolia, has been the first project to include a biodiversity offset action in its EIA and related biodiversity management plan.

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Interviewing the EBRD about the Kumtor gold mine

Publication | 14 May, 2015

This interview was conducted during the EBRD annual meeting and business forum, 14-15 May 2015 in Tbilisi. The interview was led by Ryskeldi Satke (RS) with Dr. Alistair Clark (AC), EBRD’s Managing Director Environment and Sustainability Department; Michaela Bergman (MB), EBRD’s Chief Counselor for Social Issues Environment and Sustainability Department; and Dr. Dariusz Prasek (DP), Director, Project Appraisal Environment Department.

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Bankwatch Mail 62

Publication | 14 May, 2015

Коротко о публикации Материалы 62-го выпуска Bankwatch Mail были опубликованы сразу после ежегодной встречи Европейского банка реконструкции и развития в Тбилиси. Увеличение числа энергетических проектов с печальными последствиями для людей и планеты, − от подавления инакомыслящих в Азербайджане и уничтожения национального парка в Македонии до (частичного) успеха ядерной безопасности в Украине, – является основной темой данного выпуска.  

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Bankwatch Mail 62

Publication | 14 May, 2015

Published on the heels of the European Bank for Reconstruction and Development’s annual meeting in Tbilisi, the red thread of Issue 62 of Bankwatch Mail is a slew of energy projects with grim implications for people and planet – from the crackdown on dissent in Azerbaijan to the destruction of a national park in Macedonia to a (partial) success for nuclear safety in Ukraine.  

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