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MHP: Is compliance with Ukrainian law satisfactory for the EBRD?

Briefing | 9 May, 2017 | Download PDF

In spite of massive backing by public financial sources, Ukraine’s monopolist poultry producer does not implement relevant EU and EBRD standards, and the EBRD has said it is satisfied that the company’s operations are in compliance with national law, w


“To the best of our knowledge”: How to improve the transparency and accountability of intermediated EBRD investments in three steps

Briefing | 9 May, 2017 | Download PDF

Disbursing public money via private-sector controlled financial intermediaries (FIs) is a means to an end: reaching a larger set of smaller beneficiaries. It has its strong rationale, in particular when it comes to renewable energy projects that, in co


Nenskra hydropower plant project, Georgia

Briefing | 5 May, 2017 | Download PDF

The European Bank for Reconstruction and Development (EBRD) is in the process of assessing a loan for the 280 megawatt Nenskra hydropower plant in Georgia. In March supplementary environmental and social impact assessments (ESIA) were released in order


Beatings, framings and industrial chicken farms: a human rights briefing on MHP projects and international public finance in Ukraine

Briefing | 5 May, 2017 | Download PDF

Ukrainian company Myronivsky Hliboproduct PJSC (MHP) is a long-term client of both the European Bank for Reconstruction and Development and the World Bank Group’s International Finance Corporation. MHP development has faced local opposition in a number


Why the EBRD should not finance the Southern Gas Corridor

Briefing | 5 May, 2017 | Download PDF

While the EBRD is currently considering loans for the Trans Adriatic Pipeline (TAP) and TANAP, both part of the Southern Gas Corridor, the bank should asses the reputational and financial risks of involvement in the project.