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Home > Archives for Development banks

Development banks

A new chapter for the EIB Group Complaints Mechanism?

July 9, 2026

The European Investment Bank (EIB) Group is currently reviewing its Complaints Mechanism Policy – the framework for how the EIB Group Complaints Mechanism (EIB-CM) addresses complaints from individuals and communities harmed by EIB-funded projects. This review is long overdue.


Briefing to the EIB Board on Rogun Hydropower Project in Tajikistan

June 12, 2026

The Rogun Hydropower Project in Tajikistan raises serious concerns regarding freshwater ecosystems, the resettlement of 60,000 people, regional water security and human rights within the context of severely restricted civic space. As the European Investment Bank (EIB) is appraising the project, civil society groups are calling on the EIB’s Board of Directors to ensure compliance with the Bank’s Environmental and Social Standards and relevant EU standards.


Falling into the same trap: The EBRD’s intermediated exposure to the Amulsar gold mine

June 7, 2026

The EBRD’s indirect involvement in the Amulsar gold mine in Armenia through Ameriabank has raised concerns about compliance with its Environmental and Social Policy, due to unresolved legacy issues associated with the project.


Broken safeguards and oversight failures: The case of Almaty International Airport

May 30, 2026

The EBRD-financed Almaty International Airport expansion and Horizon infrastructure project have been subject to a number of complaints, including alleged legal and heritage protection violations involving the demolition of a protected 1947 terminal building.


Bankwatch’s comments on the EBRD Project Accountability Policy and Independent Project Accountability Mechanism

May 25, 2026

The European Bank for Reconstruction and Development (EBRD) is currently revising its Project Accountability Policy. In this context, Bankwatch is calling for a stronger policy framework that includes clear provisions for remedying harm, enhanced monitoring of management action plans, and safe access to the Bank’s accountability mechanism. 


Civil Society Comments on the Draft New Policy of EIB Group Complaints Mechanism

May 19, 2026

In May 2026, 21 civil society organisations submitted joint comments on the draft new policy of the EIB Group Complaints Mechanism. Among other things, we called for a clear mandate and capacity to facilitate effective remedy, stronger independence and improved transparency and predictability.


The EBRD’s new gender strategy risks falling short at a critical moment

May 12, 2026

At a time when gender equality is under mounting pressure globally, the European Bank for Reconstruction and Development (EBRD) is preparing to adopt its new Gender Equality and Human Capital Strategy (2026–2030). The stakes could not be higher. Progress on gender equality and inclusion is not only stalling across the EBRD’s regions, it is actually reversing. Given the EBRD’s democracy mandate and its advanced experience in promoting gender equality, it is crucial for the Bank to adopt a robust strategy.


Justice delayed in Nepal: The EIB Group Complaints Mechanism and the Tanahu hydropower project

April 30, 2026

Bankwatch, together with the Community Empowerment and Social Justice Network (CEMSOJ) and the International Accountability Project, presents a case study on the Tanahu hydropower project in Nepal, in which the current EIB-CM has proven ineffective. The organisations also make recommendations for the ongoing review of the Complaints Mechanism Policy.


Georgia’s East–West and North–South road projects: The billion-dollar infrastructure gambles that should make the ADB think twice

April 29, 2026

The East–West Highway and the North–South Corridor – two of Georgia’s most ambitious road projects supported by the Asian Development Bank (ADB) – have had devastating social, environmental and cultural impacts. 


Joint civil society statement on the draft EBRD Gender Equality and Human Capital Strategy

April 27, 2026

Twenty-eight civil society organisations have issued a joint statement calling on the EBRD to strengthen its strategy. They urge the Bank to adopt a more ambitious, rights-based approach that tackles backlash and addresses structural inequalities to ensure inclusive and accountable development outcomes.


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