Briefing | 3 December, 2012 | Download PDF
Since the news broke in early November that the European Bank for Reconstruction and Development is considering supporting Monsanto, one of the most controversial agricultural corporations, with up to USD 40 million, we have heard voices of protest from across Europe. Last Thursday, Serbian NGOs and anti-GMO activists took their protest to the Belgrade offices of the EBRD
Policy comments | 3 December, 2012 | Download PDF
The EBRD is updating its country strategy for the Russian Federation. Bankwatch’s inputs in the consultation focus on assessing the needs of the updated strategy in view of the political and human rights situation, issues of corruption and transparency in Russia, development impacts of the EBRD’s activities and the energy and agriculture sectors.
Advocacy letter | 19 November, 2012 | Download PDF
Signed by more than 150 organisations, the letter calls on the European Bank for Reconstruction and Development to not further consider USD 40 million unfunded risk participation in Monsanto’s portfolio in Bulgaria, Hungary, Russia, Serbia, Turkey, and Ukraine. The letter explains Monsanto’s long and controversial history of transferring its risks onto other people and the environment. It argues that support for this company and the agricultural model it represents is highly inappropriate for a multilateral development bank committed in its statute to promoting “environmentally sound and sustainable development”.
Briefing | 19 November, 2012 | Download PDF
Environmental NGOs strongly welcome the Common Strategic Framework (CSF) as an Annex of the Common Provisions’ Regulation. It is a needed tool to ensure a proper implementation of fundamental principles and approaches of the Regulation that helps ensure that the future programmes will better contribute to reach the Europe 2020 targets, create regional green jobs, enhance economic opportunities and address environmental challenges. This briefing on the parts of the CSF which we support the most, and underlines as well several opportunities for improvements.
Briefing | 14 November, 2012 | Download PDF
The European Bank for Reconstruction and Development (EBRD) and Euroatom plan to support the nuclear power plant safety upgrade project in Ukraine. The EU presents the project as a timely initiative to improve nuclear safety in the region. A closer inspection however shows that it in fact can increase nuclear risks, in that the project includes a significant number of measures necessary to extend the lifetime of the reactors.