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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

Complaint filed against EBRD: labour rights violations, land grabs and exploitation at cotton producer Indorama Agro in Uzbekistan

Press release | 5 September, 2023

On 3 August 2023, Uzbek Forum for Human Rights (Uzbek Forum), assisted by Bankwatch Network, filed a complaint with the Independent Project Accountability Mechanism (IPAM) of the European Bank for Reconstruction and Development (EBRD) for human rights violations at Indorama Agro, one of Uzbekistan’s largest cotton producers.

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Is this development? Public development banks must rethink their investments and put local communities first

Blog entry | 4 September, 2023

On 4 to 6 September, the world’s public development banks will gather for the Finance in Common Summit in Cartagena, Colombia. They’ll be discussing key development issues – from climate change to infrastructure – issues that affect the lives of millions of people around the world. Bankwatch is on the ground to expose the adverse impacts of investments made by development banks and advocates for meaningful community participation in decision-making on development projects. 

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Civil society calls on public development banks to overhaul their approach to development

Press release | 4 September, 2023

As a member of the Coalition for Human Rights in Development, Bankwatch has joined civil society organisations and human rights defenders from over 20 countries in calling for immediate and effective action from public development banks.

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Tbilisi Transport Policy and Reforms: Main Issues and Recommendations

Publication | 22 August, 2023

In 2018, Tbilisi authorities set out to decrease the city’s car dependency, reduce traffic jams, improve air quality and develop better infrastructure for walking and cycling. But despite investment from the EBRD and ADB, there has been little improvement.

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Adriatic Metals’ ruthless mining: How can the EBRD help improve its clients’ practices when it doesn’t follow its own standards?

Blog entry | 27 July, 2023

The DFF Adriatic Metals project, located between the towns of Vareš and Kakanj in Bosnia and Herzegovina, is proclaimed by the investor to be setting new benchmarks for sustainable mining and committing to safety, community, and sustainability – claims not shared by people living in Kakanj.

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Agriculture: priorities for sustainable investments to aid Ukraine’s recovery

Publication | 20 June, 2023

In this issue paper, we argue that the recovery of the agricultural sector should not solely focus on production growth goals but also prioritise the long-term sustainability of Ukraine as it progresses towards EU membership. 

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EBRD urban projects in Ukraine must drive national recovery efforts

Publication | 19 June, 2023

A year and four months after the start of Russia’s large-scale war, Ukraine is on the verge of large-scale reconstruction. The country requires significant investments to reconstruct territorial communities in order to restore life, return residents, recover economic activity and respond to new challenges.

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Ukraine’s reconstruction should prioritise a distributed, low-carbon energy system

Publication | 16 June, 2023

Ukraine aims to transition to 100 per cent renewable energy sources and safely decommission its nuclear power plants by 2050. To achieve these goals, future investments in the energy sector must be underpinned by a policy of zero tolerance toward fossil fuels.

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The forgotten annex in the EBRD Sustainability Report 2022: human rights 

Publication | 9 June, 2023

In 2022, Bankwatch and its partner civil society organisations provided the European Bank for Reconstruction and Development (EBRD) with over twelve reports highlighting human rights concerns related to investment projects in the Bank’s countries of operation. However, none of these concerns are mentioned in the EBRD Sustainability Report 2022.

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Seven years after joining the EBRD’s Green Cities programme, is Yerevan’s green future going up in flames?

Blog entry | 2 June, 2023

In May 2023, a massive fire broke out at the Nubarashen landfill on the outskirts of Yerevan, enveloping the city in a cloud of toxic smoke generated by the burning waste. It took 10 days and 2,300 truckloads of soil to extinguish the flames. Coming seven years after Yerevan became a pioneer by joining the European Bank for Reconstruction and Development (EBRD)’s Green Cities initiative, this incident is a stark reminder of the urgent need to adopt a safer and more sustainable approach to waste management and urban planning.

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