Does the EBRD still finance freedom?
January 30, 2022
The investment climate was hardly auspicious when the head of the European Bank for Reconstruction and Development visited Ankara, the …
The dark side of EBRD’s Green Cities
December 20, 2021
Residents of Almaty’s Kairat district are being suffocated by an illegal depot for diesel buses. They call on the European Bank for Reconstruction and Development to find a solution before the Bank approves a new loan for green public transport in Kazakhstan’s largest city.
How to Make Samarkand a Truly Green City
November 30, 2021
Samarkand recently joined the EBRD’s Green Cities program. Will it help citizens be heard?
Egypt pulls EBRD oil refinery project amid shareholder concerns
November 23, 2021
Egypt withdrew a $250 million loan request to the European Bank for Reconstruction and Development for an oil refinery modernization Monday …
A letter to the EBRD on the Alexandria Refinery in Egypt and Mytilineos Gas Power Plant in Greece
November 23, 2021
This letter voices Bankwatch’s concerns about the Alexandria Refinery in Egypt and Mytilineos Gas Power Plant in Greece projects that are scheduled for Board Approval on the 24th of November 2021. We urge the Board of Directors not to support these pro
In October Bulgaria’s Maritsa East Mines celebrated a record 1 622 556 tonnes of lignite extracted
November 18, 2021
In October Bulgaria’s Maritsa East Mines celebrated a record 1 622 556 tonnes of lignite extracted. Rising gas and electricity prices at …
At Bulgarian coal mine, a climate and human rights crisis unfolds
November 18, 2021
People abandoned at the edge of Bulgaria’s largest coal basin expect accountability from the multilateral development bank that financed the mine expansion.
Want to make cities climate neutral? Engage residents!
November 11, 2021
As multilateral development banks and national governments in Glasgow debate how cities should reach climate neutrality, they should not overlook the role of effective citizen participation in shaping cities’ future. Activists from Kyiv who successfully fought to protect unique wetlands are an example of how important it is to involve citizens in creating a better future.
IEA call to public finance institutions: End of finance for new fossil fuel projects & massive scale-up of clean energy spending needed
October 14, 2021
Our energy systems are a long way from alignment with the pathway to stay below a 1.5°C rise in global temperatures, according to the International Energy Agency (IEA) World Energy Outlook 2021 report published yesterday.
Letter: Loans to unsavoury states jar with EBRD’s mandate
July 21, 2021
You write that “many fund managers insist that deciding what to do about bonds issued by unsavoury regimes is not straightforward. Their …
