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Home > Archives for Development banks

Development banks

Key trends and shortcomings in community engagement on high-risk EBRD projects

May 24, 2024

The EBRD sets out requirements for stakeholder engagement as part of project risk and impact assessments. This study reviews the stakeholder engagement practices of EBRD clients in all 34 high-risk projects disclosed between 2020 and 2024.


CEE Bankwatch comments on the draft EBRD Access to Information Policy and Directive on Access to Information

May 24, 2024

CEE Bankwatch Network calls on the EBRD to commit to better disclosure of project-related environmental and social information. This will help enhance the Bank’s due diligence and ensure early identification of risks, effective impact mitigation, and compliance with the EBRD’s commitments.


Civil society joint statement on the EBRD’s draft safeguards

May 24, 2024

Despite some improvements, the latest drafts of the EBRD’s updated good governance policies fall short of ensuring that human rights are respected and protected, especially in countries with significant democratic deficits. In a joint statement, 60 civil society organisations urge the EBRD to enhance its human rights due diligence.


More than money: New report reveals shortcomings in human rights policies of leading public development banks

May 6, 2024

As the EBRD gears up for its Annual Meeting on 14 May, the FIDH and Bankwatch release a report comparing the lending policies of four major public development banks whose loopholes are contributing to human rights violations.


More than money: Development banks must strengthen human rights safeguards

May 6, 2024

Despite environmental and social safeguards in place, projects financed by public development banks all too often violate human rights.


Georgia’s highway dilemmas and the Asian Development Bank

May 2, 2024

Despite the involvement of international partners, both the East–West Highway Improvement Project and the North–South Corridor Road Project have been marred by controversies.


Moody’s to reassess EIB credit rating in case of larger defence investment

April 30, 2024

Shutterstock-Daniel J. Macy Credit rating agency Moody’s is ready to look into the potential credit score implications of the European …


CEE Bankwatch urges EU action on Bosnia motorway project

April 5, 2024

April 5 (SeeNews) – The European Commission and EU public banks need to advocate for a reconsideration of the Corridor Vc motorway route …


EU anti-fraud office probes €200M loan to Budapest Airport

February 29, 2024

Former European Investment Bank Vice President Vazil Hudák was interviewed by investigators looking into the transaction.


OPINION: Plundering the Western Balkans with EU’s Tacit Acquiescence, Part. 1

February 3, 2024

Corrupt politicians have been systematically plundering public budgets and natural resources in the Western Balkans for years. Increasingly …


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