Civil society wishes on the EBRD’s 30th birthday: shut the fossil fuels party
June 29, 2021
People around the world are already feeling the brunt of the climate crisis on an almost daily basis. Most governments accept we are in the midst of a global climate crisis, including those controlling the European Bank for Reconstruction and Development (EBRD). And yet, Bankwatch’s recent analysis shows that during 2019-2020, the EBRD has awarded the fossil fuels industry more than USD 2 million every day on average. Two million dollars. Every single day.
NGOs letter on the EIB’s review process of the Environmental and Social Sustainability Framework
June 24, 2021
This joint advocacy letter, endorsed by 35 environmental CSOs, urge the European Investment Bank (EIB) to ensure a meaningful public consultation process during the ongoing Bank’s Environmental and Social Sustainability Framework review. We call on Ban
It is time for EBRD to become the lighthouse for fossil-free development banks
June 24, 2021
On the occasion of its 30th anniversary, the European Bank for Reconstruction and Development (EBRD) has the opportunity to help avert climate breakdown by putting itself at the heart of the global transition to a carbon-free economy. This joint state
Wyszehradzka czwórka: wyboista droga do zielonej odbudowy
June 23, 2021
Kraje wyszehradzkie szybko przygotowały plany odbudowy, by sięgnąć po miliardy unijnych dotacji. Eksperci oceniają jednak, że dokumenty nie …
Európska komisia schválila slovenský plán obnovy, verejná diskusia bola podľa nej adekvátna
June 21, 2021
Plán obnovy zožal kritiku za nedostatočné zapojenie verejnosti, Komisia ale vyzdvihuje, že po diskusiách v pláne pribudli cyklotrasy. …
No time to celebrate: a breakthrough for human rights is needed after 30 years of the EBRD
June 21, 2021
The European Bank for Reconstruction and Development (EBRD) stands out among multilateral development banks with the commitment of its shareholding countries to the fundamental principles of democracy and respect for human rights. As the EBRD celebrate
European bank challenged on human rights credentials
June 21, 2021
The European Bank for Reconstruction and Development has struggled to prevent the billions of euros it lends each year from supporting autocratic regimes, finds a new report from civil society groups released on the eve of the bank’s thirtieth annual shareholder meeting.
Commission must apply spending rules to EU recovery funds before greenlighting national plans
June 17, 2021
The European Commission has released its first assessments of how Member States plan to spend from EUR 672 billion Recovery and Resilience Facility, and Bankwatch urges the Commission to ensure that commitments for spending on climate and biodiversity protection are met before the plans are approved.
Romanian government’s coal phaseout blabber
June 17, 2021
If official communication about the coal phaseout is any indication about how proper the process will be, we have reason to worry. Over the past weeks, the Romanian government first said they would phase out coal, then came back to say they don’t actually mean all of it.
New beginnings at 30: can the EBRD leave behind fossil gas to become a bank fit for our future?
June 16, 2021
This report analyses the EBRD’s energy-related operations across the first two years of the Bank’s new Energy Sector Strategy (ESS) (2019-2020). This initial period of the ESS’s implementation is also compared to the previous ESS implementation period
