The EBRD starts its impact reporting journey: How can it deliver meaningful results?
July 7, 2025
In May 2025, the EBRD published its first-ever Impact Report, showcasing the impact of EUR 16.6 billion invested across 584 projects on real-world change. Although shifting the focus from activities to impacts is important, the report falls short in several key areas.
Why the EBRD’s financing for the Greece to North Macedonia gas interconnector cannot be considered Paris-aligned
June 23, 2025
This briefing shows that the ‘Regional Gasification Project’ cannot be considered to be aligned with the Paris Agreement, despite the EBRD’s claims.
Civil society recommendations for ADB Accountability Mechanism Policy Review
June 23, 2025
In April 2025, 29 civil society organisations, including Bankwatch, submitted recommendations for the Asian Development Bank’s Accountability Mechanism Policy.
The role of stakeholder engagement in the EBRD’s impact monitoring and reporting
May 30, 2025
This report examines the EBRD’s policies and practices related to stakeholder engagement and its monitoring and reporting at the project, country, and institutional levels. It identifies gaps in transparency at the project level, consultations on country strategies, and institutional reporting.
The EBRD’s climate contradiction: Syrdarya fossil-gas plant locks Uzbekistan into Russian energy dependence
May 29, 2025
The USD 200 million investment in the 1,500-megawatt combined-cycle gas turbine power plant in the Syrdarya region of Uzbekistan exposes significant contradictions between the EBRD’s stated commitments and its actual financing decisions.
Strengthening Ukraine’s wind projects: Insights from the Galnaftogaz experience
May 27, 2025
Despite critical procedural and technical issues, the Galnaftogaz wind project in Ukraine, backed by the European Bank for Reconstruction and Development, is underway.
Rethinking urban mobility: Why green vehicles are no fix for broken transport systems
May 26, 2025
The EBRD’s new Infrastructure Sector Strategy represents a significant step towards sustainable urban transport investments. However, it remains to be seen whether the implementation of the strategy will strike the much-needed balance between infrastructure investments and policy actions.
GET greener: Strengthening the EBRD’s Green Economy Transition approach
May 26, 2025
The EBRD’s review of its GET approach should help to build an increased consensus on what investments can be considered ‘green’. This issue paper presents the key points from our extensive comments submitted to the EBRD in early April 2025.
District heating projects financed by the EBRD in Ukraine
May 14, 2025
This briefing examines EBRD-financed district heating projects in Western Ukraine, particularly in Ternopil and Lutsk.
Beyond mainstreaming: Advancing gender impact in the EBRD’s new Gender and Inclusion Strategy
May 14, 2025
This issue paper presents three case studies from which the Bank could learn while revising its gender and inclusion strategy.
