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Recent developments
The EBRD recently announced a second phase of its Sustainable Energy Initiative which sets new objectives for the Bank to further scale up energy efficiency and renewable energy financing and reduce carbon emissions for the period 2009-11. The Sustainability Report details the Bank’s impact on people and the environment in its countries of operations.
At the Bank's 2009 Annual Meeting, Lord Nicholas Stern delivered a keynote lecture on climate change.
Our projects
The EBRD will seek to ensure that the projects it finances:
- Are socially and environmentally sustainable
- Respect the rights of affected workers and communities.
- And are designed and operated in compliance with applicable regulatory requirements and good international practices.
Recent projects include:
Constructing Turkey's largest wind farm
Backing a new bid to clean up the Baltic Sea
Promoting renewable energy and energy efficiency in Bosnia and Herzegovina
Supporting a new wind farm project in Poland
Boosting environmental standards for a Romanian Oil firm
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