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Concrete boots already for new EBRD energy policy? Potential support for Egyptian coal projects attracts criticism

Bankwatch Mail | 14 May, 2014 | Download PDF

In what is shaping up to be another controversial chapter in the European Bank for Reconstruction and Development’s already troubled entry into Egypt in 2012, questions are being asked of the international financial institution as to whether it intends to support coal power financing, specifically to assist Egypt’s cement industry.


Polish shale gas – a watery grave looms, but for who?

Bankwatch Mail | 14 May, 2014 | Download PDF

Tomasz Zdrojewski explains the risks to Polish water from the massively hyped fossil fuel bonanza.


Tapping central and eastern Europe’s green potential 25 years on

Bankwatch Mail | 14 May, 2014 | Download PDF

Environmental writer Roger Manser explains how the warnings of his 1993 book were ignored, and why ambitious green financing action is still a big need in central and eastern Europe.


Stuck in the market? 25 years since the fall of the Berlin Wall: what now for the EBRD?

Study | 14 May, 2014 | Download PDF

Harsh, embedded economic realities such as widespread, high unemployment across central and eastern Europe, as well as the discernible trend of democratic retrenchment in several EBRD recipient countries, are resulting in very mixed feelings about the transition process in this year of important anniversaries. This new analysis of how the EBRD conducts its financing and economic advisory activities finds serious deficiencies in the bank’s overall ‘market-oriented’ approach and catalogues a range of startling EBRD interventions.


Bankwatch Mail 59

Bankwatch Mail | 13 May, 2014 | Download PDF

Coinciding with the annual meeting of the European Bank for Reconstruction and Development, this issue examines how some of the EBRD’s transition recipes turned out almost 25 years after the fall of the Berlin Wall. In addition, controversies with current projects and recent policy revisions provide a rather grim outlook for what further transition will bring for old and new countries of operation of the EBRD.