Whether in Europe or beyond, public money must not become an auxiliary for human rights violations or the marginalisation of affected communities.
We expose cases where development banks fail to protect those impacted by their projects.
We advocate for participation and consultation processes that are not pro-forma exercises, but a tool to ensure people’s well-being.
We run a helpdesk where activists and communities can get advice on how to challenge controversial projects being considered for funding by development banks.
Close to frontline communities
We’re in direct contact with affected communities and provide updates from their struggles.
Image (c) Rosa Vroom
IN FOCUS
The Reconstruction of Ukraine
The scale of destruction caused by Russia’s aggression against Ukraine has been staggering. To repair the damage, joint efforts to coordinate donations and properly plan Ukraine’s reconstruction must start as soon as possible.
A successful reconstruction of Ukraine cannot happen without involvement of the Ukrainian people. That’s why we’re calling on international donors to ensure that the financial structures to help impacted communities are put in place and that civil society groups have a say in this process.
We believe that Ukraine and the international community have a unique opportunity to modernise the country while addressing people’s needs and long-term sustainability.
Amulsar gold mine, Armenia
The controversial Amulsar gold mine near the touristic spa town of Jermuk was supported by the EBRD equity investments, but blocked by locals after the velvet revolution in 2018. In spite of a number of legal threats and intimidation by the company, the blockade continued till the eruption of military conflict overNagorno Karabakh (Artsakh) at the end of 2020.
Myronivsky Hliboproduct (MHP), Ukraine
The leading Ukrainian agribusiness giant has been enjoying generous support in public funds and national subsidies. With over half a billion euros from the EBRD, EIB and the IFC, Myronivsky Hliboproduct PJSC (MHP) has grown into a near monopolist in poultry production. While MHP’s vertically integrated model has contributed to its status as a leading Ukrainian agribusiness, the scale and nature of its business have also contributed to mounting concerns about its social and environmental impacts. These concerns are compounded by patterns of poor community consultation and a lack of information provided about MHP’s operations, leaving project-affected people guessing about the true impacts of its operations.
Corridor Vc motorway, Bosnia and Herzegovina
The Bosnian section of the international Corridor Vc is planned to run for 330 km through Bosnia and Herzegovina. Concerns about environmental impacts and threats to cultural heritage were raised by local people and cultural figures. The public discussions about the project have led to a series of scandals and a deadlock of the motorway’s development.
Our past projects
Zarafshan, Bash and Dzhankeldy wind projects, Uzbekistan
The first large wind projects in the Central Asian country are being built in biodiversity hotspots and hinder the declaration of protected areas. The IFC, EBRD and ADB need to ensure that some of the most problematic turbines are moved away.
ARCHIVED: Minerals mining and supply chains
Global demand for minerals and other critical raw materials is intensified by the just transition to renewable energy and the digital transformation agenda. Therefore sustainable supply chains of minerals are fundamental to addressing the climate crisis and the Covid-19 crisis that humanity is facing today. The European Union needs to innovate and find solutions to achieve its circular economy and resource use reduction objectives and to meet the demand of EU’s industry and consumers, while still protecting communities and nature threatened by mining.
ARCHIVED: Export Credit Agencies (ECAs)
With many billions of dollars at their disposal, export credit agency finance far outpaces that of development banks and yet avoids the same public scrutiny. Most money flows into large infrastructure projects in politically-volatile countries that oft
Latest news
The unexplained backtracking of the EBRD and Tbilisi City Hall: why did they keep the contract with a Russian company?
Press release | 13 March, 2023The European Bank for Reconstruction and Development (EBRD) is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from a Russian company, Metrowagonmash. The company is part of Transmashholding, whose shareholders – Russian oligarchs Iskander Makhmudov and Andrey Bokarev – are closely linked with the Kremlin and its defence industry. Metrowagonmash’s sister company is also reportedly providing engines for Russian warships.
Read moreEBRD funds channelled to Kremlin affiliates: Why the purchase of Tbilisi metro cars from a Russian company should not proceed as planned
Blog entry | 13 March, 2023The European Bank for Reconstruction and Development is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from Russian company Metrowagonmash. But Metrowagonmash is not just any Russian company.
Read moreOpen letter to the European Commission: environmental reforms and civil society engagement are key for Ukraine’s reconstruction and European accession
Blog entry | 3 February, 2023On 1 February, representatives of Ukrainian and international civil society organisations sent an open letter to Ursula von der Leyen, president of the European Commission. In the letter, they call on the European Union to support civil society engagement and the incorporation of green principles into Ukraine’s reconstruction process, which will go hand in hand with the country’s EU accession.
Read moreRelated publications
Why and how the European Bank for Reconstruction and Development must improve its biodiversity standards
Briefing | 24 June, 2024 | Download PDFThe 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.
Why is rebuilding the Kakhovka dam not the best option for Ukraine?
Briefing | 29 May, 2024 | Download PDFAfter 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.
The EBRD’s (ir)responsible exit from the Amulsar gold mine project in Armenia
Briefing | 29 May, 2024 | Download PDFThe 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.