Ombudsman calls for greater transparency of export credit agencies
July 9, 2018
The European Ombudsman has sided with the civil society demanding the European Commission to improve its oversight of the EU Export Credit Agencies (ECAs). The decision upholds an earlier ruling that required the Commission to ensure better compliance of these financial institutions with the EU law.
How the EBRD can seize the day in sustainable development
June 28, 2018
To truly invest in changing lives and preventing human rights violations, the EBRD must ensure that its independent accountability office can conduct rigorous investigations into allegations of abuse in financed projects – and hold itself accountable.
Belgrade waste public-private partnership (PPP)
June 19, 2018
The Vinča waste PPP contract between the City of Belgrade and the Suez-Itochu consortium raises numerous issues including the terms of the contract, the waste management model envisaged, and the impacts on the Roma population living on the landfill, as
How compliant is ADB to its own safeguards policies?
May 18, 2018
A Georgia hydropower project has locals and civil society concerned. One of the banks considering funding the project is ADB, yet a complaint filed with its compliance review panel shows the limitations of its safeguards. The panel recommends a full in
Green Climate Fund’s preference for big players weakens transparency
October 31, 2017
The 18th meeting of the Green Climate Fund in the beginning of October confirmed again that big institutions are getting the biggest share of finances. This time it was the European Bank for Reconstruction and Development who left its mark.
“To the best of our knowledge”: How to improve the transparency and accountability of intermediated EBRD investments in three steps
May 9, 2017
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 co
Concerns regarding the EBRD’s Project Complaint Mechanism and recommendations for improvements – letter to EBRD directors
January 23, 2017
This letter to the European Bank for Reconstruction and Development’s Board of Directors summarises civil society organisations’ concerns regarding bank’s Project Complaints Mechanism, specifically the handling of several complaints, and makes specific recommendations for improvements, based on experience with these cases and with the accountability mechanisms of other institutions.
New cases at UN and EU bodies against Ukraine’s prolongation of nuclear licenses
November 8, 2016
As pressure from civil society and governments is mounting, UN and EU bodies acknowledge Ukraine’s lack of accountability for plans to extend the lifetime of its nuclear fleet. The country could be found in breach of international law. Once again.
Aid Transparency Index: improvements for Europe’s multilateral development banks but still a long way to go
April 13, 2016
As the 2016 Aid Transparency Review shows some improvement for the two main European lenders, they are still far from reaching satisfying transparency standards.
United Nations report highlights risks and failures of public-private partnerships
March 14, 2016
A United Nations study finds that public-private partnerships involve substantial risks for the public sector and have often failed to yield ‘value for money’.
