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Home > Publications

Publications

Report


Glass half full? Mid-term analysis of the Modernisation Fund’s operations


This publication updates Bankwatch’s 2025 assessment of the EU's Modernisation Fund and comes at a critical moment for EU climate and energy policy.

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Topics
24 June 2024
Why and how the European Bank for Reconstruction and Development must improve its biodiversity standards

The EBRD’s Environmental and Social Policy is now undergoing revision and it needs not only to maintain the EBRD’s practices with regard to biodiversity, but also to significantly improve them.

20 June 2024
Hooked on gas: Report on the status of national energy and climate plans in central and eastern Europe

This publication highlights the need for gas phase-out pathways and identifies shortcomings in the current draft NECPs of eight central and eastern European Member States.

29 May 2024
Joint civil society comments on the EBRD biodiversity standards (ESR 6)

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 res…

29 May 2024
Why is rebuilding the Kakhovka dam not the best option for Ukraine?

After the collapse of the Kakhovka dam in 2023, some stakeholders support the reconstruction of the dam, while others are willing to support the restoration of the natural landscape on the site of the former reservoir.

29 May 2024
The EBRD’s (ir)responsible exit from the Amulsar gold mine project in Armenia

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.

29 May 2024
Delays in Almaty CHP-2 gas project open new opportunities for a rethink

Supported by the EBRD, the conversion of Almaty’s coal heat and power plant CHP-2 to gas has been seriously delayed. This opens an opportunity for a rethink: Why is the EBRD continuing to support this project instead of funding a clean and potentially cheaper type of heating…

29 May 2024
Gender mainstreaming in urban mobility investments

In many cities around the world, moving freely, safely and without constraint remains a daily challenge for vulnerable groups including women. In this paper, we identify shortcomings in the EBRD’s implementation of gender mainstreaming in the urban transport sector and make…

29 May 2024
Learning from multiple crises to build resilient agri-food systems

While the EBRD investments helped increase agricultural production in its countries of operation, there is an urgent need to address the regional and global challenges. This can be done through sustainable investment into small and medium farms, phasing out large-scale lives…

29 May 2024
Suggestions for integrating considerations of land concentration impacts into the EBRD’s safeguards

Based on our experience with the EBRD’s investments in the agricultural sector, we have worked with the Land Matrix Initiative to formulate recommendations for the EBRD to integrate considerations of the impact of land concentration into its safeguards.

28 May 2024
From drainage to restoration: A new chapter for Estonia’s wetlands

In Estonia, drained peatlands are a major source of greenhouse gas emissions and thus exacerbate climate change. Our case study highlights the success of a project aimed at restoring the water regime of a mire ecosystem, leading to a remarkable growth in vegetation and the r…

27 May 2024
Georgia’s democratic future at stake: Russian-style ‘foreign agents’ bill threatens civil society and independent media

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 widesp…

27 May 2024
Joint civil society letter to the EBRD President on Georgia’s draft law on Transparency of Foreign Influence

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…

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