Ukraine Reconstruction Campaigner
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Anna is Bankwatch’s Ukraine Reconstruction Campaigner, working on green reconstruction and environmental safeguards in Ukraine’s recovery. Her work focuses on alternative sources of energy for communities, energy resilience, and the alignment of Ukraine’s energy policy and public investment management system with EU standards. Originally from Kyiv, she holds an MSc in Environmental Sciences and Policy from Central European University and is based in Bratislava.
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In the next Multiannual Financial Framework, the EU’s financial instrument for Ukraine must be improved by embedding binding climate and environmental safeguards from the outset and preserving funding for democracy, biodiversity and climate resilience.
When the Republika Srpska authorities signed contracts with the China Eximbank to finance the Dabar hydropower plant at the end of 2021, it seemed like the first and largest part of the Upper Horizons complex was a done deal. Today, more than four years later, obstacles are piling up for this controversial project, providing a much-needed opportunity to rethink the whole idea.
While the proposed framework aims to simplify EU funding, its strong focus on consolidation, flexibility and centralised planning risks undermining core EU principles, including partnership, transparency, cohesion and environmental integrity.
This report explores the human and environmental rights impacts of this project, financed by Development Finance Institutions.
At a time when gender equality is under mounting pressure globally, the European Bank for Reconstruction and Development (EBRD) is preparing to adopt its new Gender Equality and Human Capital Strategy (2026–2030). The stakes could not be higher. Progress on gender equality and inclusion is not only stalling across the EBRD’s regions, it is actually reversing. Given the EBRD’s democracy mandate and its advanced experience in promoting gender equality, it is crucial for the Bank to adopt a robust strategy.
