European Bank for Reconstruction and Development (EBRD)
The EBRD was created in April 1991 to 'foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative'. Since then we have invested over €200 billion in more than 7,000 projects across three continents. We are a climate finance leader and actively support Ukraine and other countries affected ...
EBRD Financial Report 2023
The EBRD recorded a net profit of €2.1 billion in 2023, offsetting all of the €1.1 billion losses incurred in 2022 following the Russian invasion of Ukraine. The Financial Report 2023 includes the approved and audited financial statements (required to be submitted under Article 27 of the Agreement Establishing the Bank and Section 13 of its ...
Environmental and Social Policy (ESP) - European Bank for ...
The Environmental and Social Policy is one of the Bank’s three good governance policies and a key document that guides the EBRD’s commitment to promoting “environmentally sound and sustainable development” in the full range of its investment and technical cooperation activities. It sets out the ways in which we implement this commitment ...
EBRD shareholders back expansion to sub-Saharan Africa and Iraq
18 May 2023. The EBRD’s Governors approve amendment to the Bank’s statutes to allow for a limited and incremental expansion to sub-Saharan Africa. Governors’ resolution also adds Iraq to the EBRD’s southern and eastern Mediterranean region. Process launched whereby the Bank will be able to invest, for the first time, in up to six sub ...
Standard Procurement Documents - European Bank for …
Jul 1, 2023 · Following the latest revision of the Procurement Policies and Rules in May 2022, the Bank has developed a new suite of Standard Procurement Documents (SPD). These new documents reflect the changes in the Procurement Policies and Rules and incorporate the updated integrity and environmental, social, health and safety requirements of the Bank, as ...
Performance Requirements and Guidance - European Bank for ...
The performance requirements provide a solid base from which clients can improve the sustainability of their business operations. Where possible, projects should avoid adverse impacts on workers, communities, and the environment. If avoidance is not possible, negative impacts should be reduced, mitigated or compensate for, as appropriate.
EBRD Star Venture overview
The EBRD’s Star Venture programme targets promising start-ups, accelerators and consultants to unleash their full potential. Working with small and medium-sized enterprises (SMEs) for over 25 years has given the EBRD unique expertise in bolstering the start-up ecosystem across its regions. Download an overview of our programme.
EBRD Sustainability Report 2023
May 14, 2024 · The EBRD’s Sustainability Report for 2023 looks at a year in which the Bank continued to deliver on the sustainability goals set by our shareholders, against a backdrop of alarming geopolitical tension, inflationary pressures and environmental challenges.. Our investments in the green economy reached a record level of €6.5 billion in 2023, a result that …
The EBRD’s Strategic and Capital Framework
Oct 7, 2020 · The EBRD in 2025: Strategy for a Resilient and Sustainable Future. The EBRD’s Strategic and Capital Framework (SCF) sets out the Bank’s strategic aspirations over a five-year period. Our Shareholders unanimously approved the SCF for 2021 to 2025 at our 2020 Annual Meeting on 7 October 2020. Over this period the EBRD will continue, in these ...
EBRD economics working papers
Economics plays a vital role within the EBRD. The Working Paper series, part of the research output of the Office of the Chief Economist, aims to stimulate debate on transition in the EBRD regions. The views presented are those of the authors and not necessarily those of the EBRD. Working Papers are only available electronically.