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Home > Archives for Caucasus

Caucasus

‘Delivering Impact Together’ … unless things get complicated: EBRD Annual Meeting marked by shrinking civic space

June 6, 2024

The theme of this year’s EBRD Annual Meeting and Business Forum in Yerevan was ‘Delivering Impact Together’. However, discussions were dominated by the pressing issues of shrinking civic space and the exclusion of communities in the EBRD’s countries of operations.


Joint civil society comments on the EBRD biodiversity standards (ESR 6)

May 29, 2024

Ahead of the EBRD’s Annual Meeting, 12 civil society organisations submitted their collective input on the revised draft of the EBRD’s Environmental and Social Policy, focusing on standards related to biodiversity conservation and sustainable management of living natural resources.


The EBRD’s (ir)responsible exit from the Amulsar gold mine project in Armenia

May 29, 2024

The engagement of the EBRD in supporting the Amulsar gold mine in Armenia in its early stages resulted in adverse environmental, social, economic, and human rights impacts. The EBRD terminated funding to the client and exited the project, but the harm remains unremedied.


Georgia’s democratic future at stake: Russian-style ‘foreign agents’ bill threatens civil society and independent media

May 27, 2024

On 3 April 2024, Georgia’s ruling party revived the controversial ‘Law on Transparency of Foreign Influence’, which labels independent media and civil society groups as foreign agents. The move, coming just over a year after initial proposals were dropped, has sparked widespread protests once again.


Joint civil society letter to the EBRD President on Georgia’s draft law on Transparency of Foreign Influence

May 27, 2024

More than 30 international and national civil society organisations have joined the call to the President of the EBRD, Odile Renaud-Basso, to condemn the Foreign Agents Law, which is an attack on civil society and independent media and risks jeopardising their activities and the success of business operations in Georgia.


Comments on the draft Environmental and Social Policy with a focus on human rights due diligence

May 27, 2024

The EBRD’s safeguards revisions show some progress, but the Bank needs to strengthen its own environmental and social due diligence, particularly in the area of human rights, to prevent human rights abuses through early risk identification and effective mitigation.


Key trends and shortcomings in community engagement on high-risk EBRD projects

May 24, 2024

The EBRD sets out requirements for stakeholder engagement as part of project risk and impact assessments. This study reviews the stakeholder engagement practices of EBRD clients in all 34 high-risk projects disclosed between 2020 and 2024.


CEE Bankwatch comments on the draft EBRD Access to Information Policy and Directive on Access to Information

May 24, 2024

CEE Bankwatch Network calls on the EBRD to commit to better disclosure of project-related environmental and social information. This will help enhance the Bank’s due diligence and ensure early identification of risks, effective impact mitigation, and compliance with the EBRD’s commitments.


Civil society joint statement on the EBRD’s draft safeguards

May 24, 2024

Despite some improvements, the latest drafts of the EBRD’s updated good governance policies fall short of ensuring that human rights are respected and protected, especially in countries with significant democratic deficits. In a joint statement, 60 civil society organisations urge the EBRD to enhance its human rights due diligence.


Investing in Georgia’s East-West Highway – the Country’s Key Trade and Transport Artery

May 16, 2024

in Business & Economy


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