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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

Georgia’s East–West and North–South road projects: Counting the true costs of highway expansion
The East–West Highway and the North–South Corridor – two key road infrastructure projects supported by major multilateral development banks, have had devastating social, environmental and cultural impacts in Georgia.
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LATEST UPDATES

Romania’s energy crisis exposes faltering gas strategy as battery storage surges
Romania’s energy crisis has laid bare the risks of relying on delayed gas projects to replace coal power. Meanwhile, battery storage has been developing much faster and is already providing much-needed flexibility. Even a state-owned coal company with designs on a gas power plant is now pursuing battery storage instead.
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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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Free-flowing rivers in Central Asia
Central Asian rivers are under threat from hundreds of new hydropower plants. We have created a map of the key rivers in the region that need urgent protection and are calling on the development banks to stop their destruction.
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EU’s biggest-ever recovery fund faces final judgement – did it benefit citizens?
The Recovery and Resilience Facility, the EUR 577 billion flagship instrument of NextGenerationEU, has entered its final implementation phase. Today marks the non-extendable deadline for EU Member States to submit their final payment requests for post-pandemic recovery and reform projects.
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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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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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How Ukraine can turn community needs into bankable projects
Ukraine’s public investment management (PIM) system faces a fundamental challenge: communities and ministries often know what they need, but lack the time, data, expertise and money to turn those needs into strong investment projects.
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