Public Information Policy

The EBRD’s Public Information Policy (PIP) embodies the Bank’s commitment to enhance the transparency of its activities and promote good governance.  This sixth review has been carried out as mandated by the Policy.

The 2014 review was wide-ranging, including internal and external consultations, including extensive meetings with representatives of CSOs.

Principles

The policy is founded on the following principles:

Transparency

The EBRD is guided by the underlying presumption that, whenever possible, information concerning the Bank’s operational and institutional activities will be made available to the public in the absence of a compelling reason for confidentiality.

Accountability and governance

The EBRD is committed to reinforcing its accountability to shareholders, and to ensuring high standards of corporate governance.

As an international financial institution, entrusted with public monies to promote transition in its countries of operations, the Bank is accountable to its shareholders who remain at the heart of policy design and strategic decision-making.

Willing to listen and receptive to comment
 

Through its commitment to open communication, the Bank demonstrates its willingness to listen to third parties so as to benefit from their contributions to its work in fulfilling its mandate.

Safeguarding the business approach to implementing the mandate
 
A business-sensitive partnership with clients and contractual counterparties is necessary to allay concerns about client confidentiality which could affect their willingness to work with the Bank.
 
As a financial institution, with the majority of its operations in the private sector, the Bank must maintain the confidence and trust of its clients and co-financiers.  A business-sensitive approach is necessary to allay concerns about the treatment of confidential information which, otherwise, could affect these partners’ willingness to work with the Bank.
 

Requesting Board Reports for public sector projects

Section 3.2 of the Public Information Policy sets out that “Board Reports for public sector projects will be made available to the public on request, once the project has been approved by the Board of Directors. Information considered confidential, as set out in Section E of the Policy, will be removed from the documents prior to release.”  Please make a request for a Board Report for a public sector project via the ‘enquiries’ webpage.

Report on implementation of the Public Information Policy

The EBRD’s Public Information Policy commits the Bank's management to report to the Board of Directors on an annual basis on implementation of the Public Information Policy, with the findings to be made available on this website. In the interests of clarity and consistency the report addresses each PIP obligation and its implementation in the order in which these appear in the policy

Strategies and policies archive

The PIP in Publications