Publications

Without their internal accountability mechanisms, international financial institutions (IFIs) like the AIIB are ‘above the law’ as it is not possible to challenge them in any court of law, on national or international level. Therefore internal accountability mechanisms provi…

The Asian Infrastructure Investment Bank (AIIB) 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 to bring the project in line with…

Bosnia and Herzegovina, Serbia, Montenegro and Romania all plan new lignite power plants during the next few years. In contrast, most EU countries are giving up building new coal plants and seven EU states are already coal-free. Since the European Investment Bank, the Europe…

This analysis of the bank’s climate action is based on the climate action database disclosed by the EIB. The database includes projects which were signed in 2016 and classified in line with the methodology approved by the bank in its Climate Strategy.

In this joint letter, 18 members of the European Parliament, Nuclear Transparency Watch and CEE Bankwatch Network are asking the European Commission, as an opinion-making party of relevant international conventions, to provide leadership and express its clear support for the…

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, which is anyway not the…

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 contrast to traditional e…

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 to bring the project i…

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 of communities. Activi…

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.

Mongolia’s fragile economic situation, with its high deficit and increasing foreign debt, is putting the country on a risk map for foreign investment. Even so, the government and international financial institutions show no sign of adjusting their plans so that the country c…