New energy policy

Preparation of the new EBRD Energy Operations Policy

In July 2006, a new Energy Operations Policy was approved by the Board of Directors. The document sets out the general, specific and operational role of the Bank in the energy sector and establishes the overall framework for the Bank's activities over the strategy period 2006-2010.

The policy succeeds the Energy Operations Policy approved by the Board on 21 March 2001, as well as the Natural Resources Policy approved on 23 March 1999.

Invitation to comment

Comments were invited during a period of 45 days. The draft Energy Operations Policy  (0.5Mb) was a basis on which to comment.

Background documentation

• The oil and gas sector in transition: challenges and the role of the EBRD Energy Operations Policy  (0.5Mb) - by Julian Lee
  
  
• Prospects for the electricity and coal sectors in transition countries  (0.4Mb) - by Gordon Hughes
  
  
• Maximising the positive socio-economic impact of mineral extraction on regional development in transition economies  (0.2Mb) - by Richard Auty
  
  
• EBRD Working paper: Can poor consumers pay for energy and water
  
  
• EBRD Transition report 2004: Infrastructure
  
  
• Power sector review  (6.7Mb)
  
  
• Extractive Industry Review  (3.3Mb)
  

Public consultations

As part of a wide-reaching public consultation process to draft the policy, the EBRD held consultation workshops in London, Sofia and Moscow. The consultation workshops were organised with the help of EIR Development Partners.

Summary of public comments  (0.3Mb) including agendas and lists of participants.

• Appendix 7.8 Review of 1999-2004 Energy Policy Performance, Challenges and Directions  (0.1Mb)
• Appendix 7.9 Presentation of discussion paper & meeting agenda  (0.1Mb)

Industry and Governmental Consultation Survey and Key recommendations  (0.7Mb)

• Appendix 1 Discussion paper  (0.1Mb)