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INSTITUTIONS WE MONITOR

European Bank for Reconstruction and Development (EBRD)
Established to promote transition to market-oriented economies in the countries of central and eastern Europe and Central Asia, the EBRD’s lending often fails to benefit the people in these countries and regularly prioritises carbon-intensive and environmentally damaging development.
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OUR PROJECTS

Emerald Network in the Western Balkans
Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia are required to establish a sufficient number of Emerald Network sites as signatories to the Bern Convention. However, since 2011, not a single new site has been proposed and many stunning rivers remain unprotected. The #EmeraldForRivers campaign aims to support governments in expanding the Emerald Network.
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LATEST UPDATES

Opportunities for public participation with international donors during Ukraine’s reconstruction
Ukrainian civil society is the main beneficiary and the driving force of Ukraine’s reconstruction. Ukraine Facility Regulation invites socio-economic partners and civil society to participate in the Ukraine Plan implementation assessment by sending the European Commission ‘opinions.’ However, there proves to be a limited space for influence. At the same time, the Ukraine Donor Platform will engage with Ukraine’s civil society four times a year at the Steering Committee and expert levels. However, given the profound importance of Ukraine’s reconstruction, political platforms should strengthen their role in ensuring legitimate decision-making. For 2025, the priority should be establishing detailed procedures for CSO (civil society organisation) ‘opinions,’ including clear submission timelines, follow-up processes, and improved communication about opportunities to influence the Ukraine Facility implementation and Ukraine Donor Platform.
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European Investment Bank (EIB)
With a lending portfolio of EUR 72 billion (2010) the European Investment Bank (EIB) is one of the world’s biggest public lending institution – bigger even than the World Bank.
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Turnu Măgurele – Nikopol Hydraulic Structures Assembly on the Danube river, Romania and Bulgaria
The project, if built, would not only devastate critical habitats, leading to the potential extinction of species such as the Danube sturgeons, but also displace local communities, disrupt existing investments, and violate several EU environmental directives.
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Bihor County leads Romania’s geothermal heating revolution with EU support
Geothermal energy is becoming an increasingly popular way to heat homes and buildings across Europe. Efficient use of this renewable energy source not only significantly lowers heating costs compared to gas-based systems, but also reduces greenhouse gas emissions and improves urban air quality.
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A new budget for a new Europe
For the European Union and its Member States to become more sustainable societies, the EU’s financial resources have to be spent towards consuming less energy and using resources more efficiently.
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Indorama Agro: Uzbekistan’s infamous cotton producer
Despite being Uzbekistan’s largest cotton producer and receiving millions in development loans from the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the International Finance Corporation (IFC) – institutions that promote modernisation and corporate responsibility – Indorama Agro faces multiple complaints of worker mistreatment and retaliation.
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EBRD’s Independent Project Accountability Mechanism investigates the Indorama Agro cotton project in Uzbekistan
Following multiple allegations of human rights violations by Indorama Agro on a controversial cotton project funded by public development banks, the European Bank for Reconstruction and Development (EBRD)’s Independent Project Accountability Mechanism (IPAM) has finally launched an investigation to determine whether the project adheres to the EBRD’s environmental and social standards.
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