It is time for EBRD to become the lighthouse for fossil-free development banks
June 24, 2021
On the occasion of its 30th anniversary, the European Bank for Reconstruction and Development (EBRD) has the opportunity to help avert climate breakdown by putting itself at the heart of the global transition to a carbon-free economy. This joint state
No time to celebrate: a breakthrough for human rights is needed after 30 years of the EBRD
June 21, 2021
The European Bank for Reconstruction and Development (EBRD) stands out among multilateral development banks with the commitment of its shareholding countries to the fundamental principles of democracy and respect for human rights. As the EBRD celebrate
European bank challenged on human rights credentials
June 21, 2021
The European Bank for Reconstruction and Development has struggled to prevent the billions of euros it lends each year from supporting autocratic regimes, finds a new report from civil society groups released on the eve of the bank’s thirtieth annual shareholder meeting.
BankWatch Urges ERBD to Stop Investing in Fossil Fuels
June 18, 2021
BankWatch, a network of organizations that monitors international public finance in Central and Eastern Europe, has a released a report in …
New beginnings at 30: can the EBRD leave behind fossil gas to become a bank fit for our future?
June 16, 2021
This report analyses the EBRD’s energy-related operations across the first two years of the Bank’s new Energy Sector Strategy (ESS) (2019-2020). This initial period of the ESS’s implementation is also compared to the previous ESS implementation period
Complaints on controversial motorway project in Bosnia and Herzegovina trigger EBRD inquiry as forced expropriations begin in South Mostar
April 27, 2021
Local residents south of Mostar fear they could be uprooted by a motorway project financed by the European Bank for Reconstruction and Development (EBRD). With forced expropriations underway, the Bank’s accountability mechanism has now announced it will investigate these concerns.
Left jobless after eviction from Vinca landfill, Roma begin negotiations with Belgrade after complaint to the EBRD
April 22, 2021
The EBRD’s accountability mechanism has launched a problem-solving initiative to negotiate issues of affordable housing, access to education and income generation for the Roma families that were evicted from the Vinča landfill. In the two years since the eviction, these issues were not addressed, so the EBRD’s mediators will facilitate a problem-solving process between this vulnerable group and the city of Belgrade.
Half green and half-blind on democracy. As the EBRD turns 30 the vision of its founders is still far out of sight
April 14, 2021
The European Bank for Reconstruction and Development (EBRD) was created in 1991 at a unique moment in history: after the fall of the Berlin wall, the disintegration of the Soviet Union and the run-up for the Rio Earth Summit on Sustainable Development and the UN Framework Convention on Climate Change.
Thirsty hydropower: misuse of drinking water pipelines has destroyed a river in Bulgaria
March 30, 2021
The Blagoevgradska Bistritsa hydropower cascade was planned to use only the drinking water of the town of Blagoevgrad. Eight years later, it has used more than double the water allowed, leaving the river ‘even without frogs’. Our latest report shows the need for more scrutiny of EIB and EBRD lending through intermediary banks.
Blagoevgradska Bistritsa hydropower cascade (Bulgaria)
March 30, 2021
The Blagoevgradska Bistritsa hydropower cascade in Bulgaria consists of eight small hydropower plants installed on pipelines that supply the town of Blagoevgrad with drinking water. The plants were developed by the private company Blagoevgradska Bistri
