Thousands demand European development bank stops financing fossil fuels
Press release | 27 September, 2023Over 6200 emails have been sent to the European Bank for Reconstruction Development (EBRD) calling for its next energy policy to end financing for fossil fuels and step up investments in the energy transition.
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Civil society groups urge the EBRD to rethink mining investments
Press release | 20 September, 2023Twenty civil society organisations from Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Georgia, Mongolia, Uganda, Ukraine and Uzbekistan, as well as seven international environmental and human rights organisations, are calling on the European Bank for Reconstruction and Development (EBRD) to reconsider its approach to mining investments.
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Complaint filed against EBRD: labour rights violations, land grabs and exploitation at cotton producer Indorama Agro in Uzbekistan
Press release | 5 September, 2023On 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, 2023On 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, 2023As 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, 2023In 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, 2023The 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, 2023In 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, 2023A 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, 2023Ukraine 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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