Fallout and failures: EIB’s East–West Highway investments in Georgia amid authoritarian takeover
October 17, 2025
The EIB’s massive EUR 1 billion highway investment in Georgia has proved disastrous for impacted communities due to the country’s authoritarian turn and chronic project mismanagement.
Briefing for the EIB Board of Directors
October 17, 2025
Ahead of the EIB’s annual Board Seminar with Civil Society, this briefing urges the Bank to demonstrate genuine dialogue and accountability to match its global ambitions.
Highway of injustice: How EIB-financed East–West road projects in Georgia impact local communities
October 13, 2025
In 2021, the European Investment Bank approved EUR 106.7 million in funding for two major highway projects in southern Georgia. Field research revealed significant social and environmental issues in the affected municipalities.
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.
