• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos

Home > Publications > CSO letter to the EBRD on the revision of the Good Governance policies related to Financial Intermediaries (FIs)

CSO letter to the EBRD on the revision of the Good Governance policies related to Financial Intermediaries (FIs)

CSO letter to the EBRD on the revision of the Good Governance policies related to Financial Intermediaries (FIs)

Photo: European Bank for Reconstruction and Development (CC BY-NC-ND 2.0)

Advocacy letter    |    13 March 2019

Download

The undersigned CSOs welcome this opportunity to submit comments on the EBRD’s revision of its environmental and Social Policy, Access to Information Policy and Project Accountability Policy relating to financial intermediary lending. As it was documented and discussed with the bank and its shareholders on many occasions, this form of lending through third parties carries high risks of environmental and social harms due to its ‘hands-off’ nature.

Though there have been several improvements in the revised policies, there are still significant concerns that the proposed policies are not strong enough to prevent harm and ensure accountability to affected communities.

Download
Institution: EBRD

Tags: financial intermediaries | hydropower

Never miss an update

We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.

More about our work

More about us

STAY INFORMED





Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube