Central Asia: environmental groups and scientists call on international financial institutions to preserve key freshwater bodies and stop supporting destructive hydropower projects
March 14, 2025
The future of Central Asia’s key rivers and lakes is at risk, warn international environmental groups Rivers without Boundaries, International Rivers, Friends of the Earth US, Urgewald and CEE Bankwatch Network in a formal request sent today to the World Bank, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Asian Development Bank (ADB), Eurasian Development Bank (EDB), Islamic Development Bank (ISDB) and Asian Infrastructure Investment Bank (AIIB).
Ringing the bell for gender equality and diversity: European public banks must do more for women’s rights and economic empowerment
March 7, 2025
In the current age of ‘competent white men’, ‘traditional family values’ and the EU’s simplified sustainable finance regulations, what lies in store for the inclusion and equality policies of Europe’s public development banks?
The EBRD has set new human rights standards: Will they improve the lives of millions?
March 5, 2025
This story explores the changes that the EBRD has made to its revised safeguards, with a particular focus on human rights due diligence. Strengthening this aspect, particularly the EBRD’s weak enforcement of client requirements, has long been a key priority for Bankwatch and has informed the collective advocacy efforts of many other civil society organisations.
Countering shrinking space: How multilateral development banks can empower civil society in the Western Balkans, Caucasus and Central Asia
February 25, 2025
This report examines how multilateral development banks have failed to adequately protect civil society in the Caucasus, Western Balkans, and Central Asia.
Holding the EIB and EBRD accountable: Are their grievance mechanisms effective?
November 20, 2024
In this report, we examine the alignment of the EIB and EBRD grievance mechanisms with the effectiveness criteria for the design and assessment of non-judicial complaints mechanisms set out in the UN Guiding Principles on Business and Human Rights.
A flawed rollout: How the EBRD’s efforts to tackle harassment on Tbilisi public transport have fallen short
October 11, 2024
In an effort to tackle gender-based violence and harassment across Tbilisi’s public transport network, the EBRD has provided financial and technical support to Tbilisi Transport Company – the operator responsible for managing public transport services in the city – to help them set up a tracking system to address incidents on the city’s metro and bus routes.
CEE Bankwatch Network comments on the draft of the EBRD Infrastructure Sector Strategy
August 14, 2024
The EBRD’s draft strategy, published in the summer of 2024, shows improvements particularly in terms of good governance, inclusion, safety, affordability, accessibility of municipal and transport infrastructure and services. In our new comments, we argue that more needs to be done to decarbonise and promote circular economy principles and sustainable waste management.
Bosnia and Herzegovina: Environmental and social study for Prenj motorway tunnel needs to tackle the elephants in the room
July 2, 2024
The environmental and social impact assessment for the planned Prenj tunnel on the Corridor Vc motorway provides a wealth of details on some issues, but fundamental questions remain, particularly on the Bijela canyon Emerald site near Konjic and the Podgorani area near Mostar.
Bosnia and Herzegovina: Motorway-affected residents submit complaint to the UN
June 24, 2024
A group of people whose land and houses are threatened by the EU-funded planned Corridor Vc (1) motorway south of Mostar in Bosnia and Herzegovina have submitted a complaint to the United Nations Human Rights Council (2).
Open days on the Corridor Vc Prenj tunnel: a promising new public engagement tool?
June 14, 2024
Last week, JP Autoceste and the EBRD held three open days on the planned Prenj tunnel, part of the 330-kilometre Corridor Vc motorway in Bosnia and Herzegovina (BiH). Bankwatch went along to see what this new format offers and how it works in practice.