EBRD strategies and policies

Access to Information Policy

The Access to Information Policy sets out the EBRD’s commitment to transparency and disclosure based on the principles of Transparency, Accountability, Good Governance and Client Responsibility to Affected Stakeholders, describes the principles of implementation arrangements as well as contains a limited list of exceptions to disclosure and corresponding overrides.

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Addressing staff grievances

The Grievance Procedures and the Appeals Procedures establish a graduated and defined three-tier appeal mechanism under which a staff member can seek redress of any administrative decision that adversely affects him or her.

Anti-terrorist statement

The EBRD will not provide financing or award any contract for the supply of goods, works or services to any person or entity that, according to the UN Security Council and/or the counter-terrorism subsidiary bodies of the Security Council, is or may be supporting terrorist activities.

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Approval of new governance policies

On 7 May 2014, the EBRD Board of Directors approved revisions to three major governance policies: the Environmental and Social Policy, Public Information Policy, and Project Complaint Mechanism Rules of Procedure.

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Basic documents of the EBRD

At its Inaugural Meeting in London from 15–17 April 1991, the Board of Governors elected the Bank’s President and Directors, adopted the Bank’s By-Laws and Rules of Procedure, and authorised the EBRD to begin operations on 15 April 1991. That same day, the Headquarters Agreement between the United Kingdom and the EBRD was signed and entered into force.

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Capital Adequacy Policy and Procedures

The European Bank for Reconstruction and Development (EBRD) has published its Capital Adequacy Policy and Capital Adequacy Procedures underpinning its Capital Adequacy Framework. This document is a vital cornerstone for the Bank’s financial sustainability and strength, which support the Bank’s mission across all its Countries of Operations.

Capital Resources Review

The EBRD’s operations during the CRR4 period 2011-2015 will be guided by the strategic objectives endorsed by the Board of Governors at the 2009 Annual Meeting in London. A significant focus will be placed on tackling energy efficiency, climate change and helping to ensure energy security, as well as accelerating transition in the infrastructure sectors in the Bank’s countries of operations.

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Civil Society Engagement by the EBRD: Roadmap (2017-20)

This paper outlines the way in which the EBRD’s engagement with civil society supports the priorities of the Bank’s Strategic and Capital Framework (SCF), namely promoting economic resilience, fostering regional integration and addressing regional/global challenges. Looking ahead to 2020, the Roadmap also outlines how civil society engagement can go even further to support the Bank’s efforts to reenergise transition, promote the qualities of a well-functioning market economy in line with the revised transition concept, as well as address key challenges faced by civil society in the EBRD region. This paper was approved by the Bank’s Strategy and Policy Committee on 21 December 2016.

Codes of conduct

Code of conduct for EBRD personnel

Code of Conduct for Officials of the Board of Directors of the EBRD

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Common Performance Assessment Report

The African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank are making good progress in adopting Managing for Development Results (MfDR) practices. These MfDR practices aim to improve the design, implementation, and evaluation of strategies and operations with a view to achieving relevant development results.

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Conduct and Disciplinary Rules and Procedures

The Conduct and Disciplinary Rules and Procedures of the EBRD consists of rules and procedures for reporting and investigating suspected staff misconduct and for imposing disciplinary measures when misconduct has been established.

Digital Approach 2026-30

The Digital Approach 2026-30 outlines how the Bank uses investment, advisory and policy instruments to accelerate cyber-resilient digital transformation, structured around three areas of focus and one cross-cutting theme: building the foundations of the digital economy, promoting digital adaptation across sectors, and fostering innovation among digital natives, with cybersecurity remaining a cross-cutting priority across all engagements.

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Domiciliation of EBRD clients

The EBRD supports international efforts to discourage money laundering, terrorism financing, tax evasion and other harmful tax practices.  In that context, this Policy sets out the conditions under which the EBRD may finance a project when the borrower, the investee or a controlling entity is located in a third jurisdiction, i.e., a jurisdiction other than the country of operations where the project is located.  This Policy was approved in January 2019, in response to developments in international tax policy, and entered into force on 1 July 2019 (superseding the policy that was approved in December 2013).

Economic Governance Strategy

The EBRD’s inaugural Economic Governance Strategy seeks to deepen the Bank’s impact by focusing on long-term, systemic change promoting well-functioning market economies. By supporting transparency, accountability and fair competition, the EBRD fosters open, market-oriented and private sector-led economies that deliver sustainable growth, resilient institutions and high-quality public services.

Enforcement Policy and Procedures

The Enforcement Policy and Procedures (“EPP”) of the European Bank for Reconstruction and Development (EBRD or the Bank) set out the Bank’s policy and procedures for processing allegations of fraud, corruption, collusion, coercion, obstruction, theft or misuse of the Bank’s resources or Bank’s assets in relation to activities and projects financed from the Bank’s ordinary capital resources (including the purchase of the goods, works or services for the Bank) or from Special Funds resources, or from cooperation funds administered by the Bank.

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Environmental and Social Policy

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 in practice and on our projects.

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Equality of Opportunity Strategy 2021-2025

Equality of Opportunity Strategy 2021-2025

Ethnic minorities and the EBRD

This paper explores the political aspects of the Bank’s mandate in relation to ethnic minority rights and suggests the Bank’s future approach. It does so because of the threat to democratic and economic progress from increasing tension in the Bank’s region of operations between many minority groups and their countries’ governments, and also from threats to peace between separate countries.

The approach taken is to consider the status of international and regional protection of the human rights of individuals belonging to minorities, particularly through those bodies or instruments cited in the Agreement Establishing the European Bank and in the Bank’s policy paper on Procedures to Implement the Political Aspects of the Mandate of the European Bank.

EBRD’s Evaluation Policy

The EBRD Evaluation Policy was approved by the Board in January 2013 and revised in 2023 to strengthen evaluation practices within the Bank. It establishes the scope and objectives served by evaluation in the EBRD.

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Fraud and corruption - definitions and guidelines

‘Fraud and corruption - definitions and guidelines - The purpose of these guidelines is to clarify the meaning and interpretation of the terms “Corrupt Practices”, “Fraudulent Practices”, “Coercive Practices”, “Collusive Practices”, “Obstructive Practice”, “Theft” and “Misuse of the Bank’s Resources” in the context of a Bank Project”.

Approach to Financial Market Development

Under the EBRD’s Strategic and Capital Framework 2026–30, deepening financial markets is critical to advancing the EBRD’s transition objectives, notably by strengthening economic governance. The EBRD supports financial market development through three strategic pillars that guide its work.

The EBRD's Approach to Fragility

Recent crises have shown how the nature of fragility is transforming rapidly, creating new risks and challenges. As the spillover effects of these crises recur and spread, it has become imperative for the EBRD to address fragility in order to achieve stability and long-term prosperity across its regions.

Gender Equality and Human Capital Strategy 2026–30

Sustainable and resilient market economies rely on the ability of all people to contribute and thrive. Achieving this requires dismantling barriers and creating a level playing field so every individual can achieve their full potential. With this imperative in mind, the EBRD’s Strategic and Capital Framework (SCF) reaffirms the promotion of human capital and equality of opportunity for all as a core strategic objective for 2026-30.

Green economy transition strategy 2026-30

GET 2030 details the Bank’s objectives to support the green transition in the EBRD regions from 2026 to 2030. Grounded in its response to the needs and requirements of its countries of operation and clients, the Bank will support a market transition that takes into account environmental sustainability while simultaneously fostering competitiveness and resilience – a green economy transition.

Harassment-free and Respectful Workplace Procedures

This Procedure sets out processes for dealing, in the first instance, with improper interpersonal behaviour which does not befit the status of employees of an international organisation or is incompatible with the proper performance of official duties.

Information Classification (IC)

The EBRD recognises the importance of the information that it handles, including information that it receives from and sends to its clients, partners and suppliers.It also recognises the need to prevent the unauthorised disclosure of sensitive information both inside and outside the Bank.We have therefore launched a new Information Classification (IC) Scheme.

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Integrity Risk Policy

The Bank’s Integrity Risks Policy and Terms of Reference for the Office of the Chief Compliance Officer.

Personal Data Protection Policy

The EBRD Personal Data Protection Policy and Directive were approved by the EBRD in 2021 and came into effect on the date of their approval.

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Political aspects of the EBRD mandate

The Agreement Establishing the European Bank for Reconstruction and Development includes a significant political element in that it specifies that the Bank may conduct its operations in countries of central and eastern Europe which not only are proceeding in their transition towards market-oriented economies, but also are applying principles of multiparty democracy and pluralism.

Soon after the Bank became operational its Board of Directors approved procedures to implement the political aspects of the Bank’s mandate in ways which recognise the critical link between the political and economic aspects of the Agreement.

Procurement policies and rules

The EBRD's Procurement Policies and Rules (PPR) are based on the fundamental principles of non-discrimination, fairness, and transparency. They are designed to promote efficiency and effectiveness and to minimise risk in the implementation of the Bank's lending and investment operations.

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Project Accountability Policy

The Project Accountability Policy describes the structure and procedures through which the new Independent Project Accountability Mechanism (IPAM) will:

• review environmental, social and transparency-related concerns regarding EBRD Projects;
• facilitate the resolution of issues among Project stakeholders;
• determine whether the Bank has complied with its Environmental and Social Policy and Access to Information Policy (and where applicable, address any existing non-compliance with these policies, while preventing future non-compliance by the Bank); and
• promote institutional learning.

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Promotion of Gender Equality Strategy

With this second SPGE (2021-25), the Bank will further scale-up its activities to promote gender equality throughout its operations, and introduce additional lenses to ensure that approaches reflect new and emerging challenges as well as tackle entrenched issues. The Strategy sets out the corresponding objectives and lenses, reflecting the Bank’s Strategic and Capital Framework (2020-25) priorities of climate change and digitalisation, as well as two additional cross-cutting areas that are crucial for enhancing women’s participation in the economy and public life: the provision of care and the promotion of women’s voice and agency, including the freedom from gender-based violence and harassment (GBVH).

Purchasing policy and procedures

The Internal Purchasing Policy and Procedures are designed to ensure that the purchase of all goods, services and works required for the satisfactory operation of the Bank Headquarters and Resident Offices is handled in a transparent, timely, efficient and effective manner with due regard to international purchasing best practice and the needs of individual user departments.

Risk Appetite Statement

The Risk Appetite Statement provides a comprehensive summary of Risk Appetite parameters guiding the EBRD’s operations. Its main purpose is to facilitate concise presentation and informed periodic review of the amount of risk the EBRD is prepared to take in its key activities.

Secure Mail (Switch)

The EBRD recognises the importance of the information that it handles, including information that it receives from and sends to its clients, partners and suppliers.   It also recognises the need to prevent the unauthorised disclosure of sensitive information both inside and outside the Bank.We have therefore implemented a new Secure Mail service called ‘Switch’ to enable the sending and receiving of sensitive data securely.

Staff Consultation and Staff Council Working Arrangements

This Directive sets out general provisions relating to staff consultation, the role of the Staff Council and its working arrangements.

Staff Council Bylaws

Staff Council Constitution

Statement on Retaliation

The EBRD does not tolerate actions by EBRD clients or other project counterparties that amount to retaliation – including threats, intimidation, harassment, or violence – against those who voice their opinion regarding the activities of the EBRD or its clients.

Strategic and Capital Framework

The EBRD’s Strategic and Capital Framework (SCF) sets out the Bank’s strategic priorities for 2026-30. Approved by shareholders at the 2025 Annual Meeting, it reflects a mandate that remains as relevant as ever: supporting private sector development in line with the principles of democracy, pluralism and market economics.

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Strategy Implementation Plan (SIP)

This SIP fosters continued implementation of the EBRD’s mandate to assist recipient countries become sustainable market economies and its core principles of transition impact, sound banking and additionality.

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Whistleblowing Policy

The EBRD Whistleblowing Policy provides a framework for reporting suspected misconduct, prohibited practices, unaddressed systems, processes and controls issues and integrity due diligence concerns.

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Albania

Albania’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank continued since the adoption of the previous Country Strategy, in line with its efforts towards implementation of the comprehensive EU approximation agenda. This serves as the main external anchor for reforms, including as regards the strengthening of governance and the rule of law, where serious challenges remain.

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Armenia

Armenia’s commitment to and application of the political principles as stated in Article 1 of the Agreement Establishing the Bank has, over the previous Country Strategy period, been marked by a stronger emphasis on upholding democracy, pluralism and the rule of law, in particular following a peaceful change in government in April-May 2018. The new authorities have committed themselves to profound changes and Armenia’s modernisation. As the reform process is at an early stage, important challenges still need to be addressed.

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Azerbaijan

Azerbaijan’s rapid economic growth between 2005 and 2014, on the back of favourable commodity prices did not translate into a change of the country’s underlying economic structure, whose weaknesses were exposed by the end of the commodity super cycle. With the ensuing 2014-2015 banking crisis and economic recession afflicting much of the Bank’s engagement under the previous Country Strategy a new momentum for economic reform has, however, opened avenues for closer cooperation with authorities in key sectors of the economy.

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Bosnia and Herzegovina

Bosnia and Herzegovina’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous Country Strategy, although the intricacies of the country’s constitutional setup adversely affects the functioning of its democratically elected institutions, aswell as civil and political rights of the citizens.

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Bulgaria

Bulgaria’s commitment to and application of principles set out in Article 1 continued over the period since the previous Country Strategy. The country has made further progress in certain areas of democratic reform, including the rule of law. In 2023, the European Commission (EC) formally closed the Cooperation and Verification Mechanism (CVM), which had been established when Bulgaria joined the EU in 2007 to help it address the shortcomings in the areas of judicial reform and anti-corruption. Despite progress, some challenges remain as regards policy implementation amidst recent political volatility and frequent early general elections.

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Croatia

Croatia’s commitment to and application of principles set out in Article 1 of the Agreement Establishing the Bank has continued over the period since the adoption of the previous Country Strategy.

The most recent member of the European Union (EU), Croatia became a member of the euro area and Schengen zone on 1st January 2023, and is in the advanced phase of the negotiations for joining the OECD.

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Cyprus

The overarching strategic focus of the Bank in Cyprus is to support transition with institution and market enhancement and deep economic restructuring. This in turn should help the country to overcome the deep economic and financial crisis, in line with the objectives of the EAP.

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Czech Republic

We’re resuming investment in the Czech Republic in response to a request by its government for help with recovery from the pandemic.

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Egypt

In Egypt we focus on the development of the private sector, strengthening competitiveness, better economic integration and increased opportunities for women and young people. The EBRD works to improve the quality and sustainability of public utilities through private sector participation and enhancing energy security in the country and good governance.

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Estonia

Estonia implemented the body of EU market regulation prior to accession in 2004 and has benefited significantly from integration into the EU internal market through substantial capital inflows and growing trade shares with the rest of the EU. Estonia has one of the most knowledge-intensive economies in the transition region.

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Georgia

Georgia has, over the previous Country Strategy period, remained committed to application of the political principles as stated in Article 1 of the Agreement
Establishing the Bank. However, tackling political polarisation, implementing electoral reform, strengthening the rule of law and ensuring the independence and
accountability of the judiciary remained, according to relevant international organisations, important challenges.

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Greece

Even before the Covid-19 pandemic, Greece continued to face significant structural challenges, particularly in securing much-needed foreign investment given domestic funding constraints. Privatisations, PPPs and major infrastructure projects will all require financial support, and critical reforms still require implementation to attract necessary investment, enhance resilience and promote sustainable growth. The Bank is well placed to assist Greece in these targeted areas, in 2018 the Government requested, and EBRD shareholders approved, a five-year extension of its mandate until the end of 2025. The EBRD’s investments, backed by donor-funded technical assistance and policy dialogue, are intended to strengthen progress in the reform of Greece’s economy and contribute to its recovery. The EBRD deploys its experience and expertise in attracting and encouraging foreign and domestic investment, strengthening the role of the private sector and deepening regional integration.

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Hungary

In Hungary, we focus on those areas where transition gaps remain and where the Bank can create additional value. The EBRD will continue to focus on developing the country's capital markets and on opportunities to deploy equity and innovative investment products. Where appropriate, we seek to address inclusion and governance issues.

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Jordan

Jordan’s commitment to the political principles stated in Article 1 continued in the period since the adoption of the previous country strategy. There have been positive improvements in political representation, while the need for further improvement remains.

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Kazakhstan

Since the last Country Strategy for Kazakhstan was approved in July 2017, there has been mixed progress with its commitment to and application of Article 1 principles as set out in the Articles Establishing the Bank. In March 2019, First President Nazarbayev stood down from the presidency and, in early presidential elections in June 2019, Kassym-Jomart Tokayev was elected president. International election observers gave an overall critical assessment of the 2019 presidential elections and the 2021 parliamentary elections.

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Kosovo

Kosovo’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous country strategy, in line with its efforts towards EU approximation. At the same time many challenges remain. Kosovo shares many key institutional weaknesses common to the Western Balkans countries, including weak rule of law, relatively low capacity of public administration, and an uneven culture of political dialogue and consensus building.

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Kyrgyz Republic

The Kyrgyz Republic remains committed to the political principles of Article 1 and their application as set out in the Articles Establishing the Bank. However, in the period since the previous Country Strategy was approved in July 2019, implementation has been inconsistent and, in important respects, has reversed. Since independence, international bodies responsible for monitoring democracy and human rights standards have generally assessed the Kyrgyz Republic positively, certainly in the regional context. However, in recent years, they have repeatedly raised concerns about a steady and serious deterioration in its performance in areas such as the situation for independent media and civil society.

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Latvia

Latvia is among most advanced transition countries in the EBRD region. However the scale of the impact of the economic crisis on the Latvian economy has exposed areas that require a further acceleration of reforms and where the EBRD can be of support.

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Lithuania

Despite successful market-oriented and democratic reforms, Lithuania was hit hard by the global financial crisis of 2009-2010. The crisis revealed a number of remaining reform challenges, particularly in the areas of competitiveness and public and corporate governance.

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Moldova

Since the adoption of the previous Country Strategy, Moldova’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank have notably strengthened following a political change in 2020 2021 The new reform oriented authorities have taken steps to strengthen democracy and address the country’s long standing vulnerabilities, in particular in the field of justice, rule of law and the fight against corruption At the same time, Moldova’s reform ambitions require enhancing the capacity of public administration, especially in view of the magnitude of the challenges it faces.

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Mongolia

Mongolia continues to meet the conditions specified in Article 1 of the Agreement Establishing the Bank. In more than two decades since the beginning of transition, the country has made significant progress on the path to pluralistic democracy and an open market-oriented economy.

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Montenegro

Montenegro is committed to and applying the principles of multiparty democracy, pluralism and market economics in accordance with the conditions specified in Article 1 of the Agreement Establishing the Bank.

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Morocco

In Morocco we focus on three key priorities:

• support the shift to a more private-sector-led economy by enhancing competitiveness and promoting Morocco’s governance reform agenda
• strengthen social cohesion and reduce regional disparities for more inclusive growth
• accelerate Morocco’s green economy transition through more sustainable energy, water and infrastructure.
• We continue to cooperate with other IFIs, the EU and bilateral partners to ensure that our operations take full account of their work as well.
  

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North Macedonia

The commitment of North Macedonia to, and its application of, the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous Country Strategy, in line with its efforts towards implementation of the comprehensive EU reform agenda. North Macedonia was the first Western Balkans country granted the formal status of EU candidate country in 2005. In 2009, the European Commission recommended to open the EU accession negotiations with North Macedonia. The reform and growth facility under the new EU Growth Plan for the Western Balkans represents an important mechanism for steering and supporting comprehensive reforms.

The growth performance of North Macedonia has been the weakest in the Western Balkans since the Global Financial Crisis and it was slower to recover from Covid-19, only returning to 2019 GDP levels in 2022. The country is the most open to trade in the region, with goods exports tripling over the past decade to over 50% of GDP. However, until 2023, due to high import content of production and low export complexity, net exports had a negative value-added contribution.

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Poland

Poland has remained committed to the political principles stated in Article 1 of the Agreement Establishing the Bank. Their application during the previous Country Strategy period, in particular related to the independence of the judiciary and the situation with the rule of law, were marked by notable disagreements internally and were raised by EU institutions and relevant international organisations as a source of serious concern. The political change following the outcome of the parliamentary elections in October 2023 has opened a path for addressing the existing challenges.

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Romania

Romania’s commitment to and application of principles set out in Article 1 continued over the period since the previous Country Strategy. The country has made further progress in certain areas of democratic reform, including the rule of law. In 2023, the European Commission formally closed the Cooperation and Verification Mechanism (CVM), which had been established when Romania joined the EU in 2007 to help it address the shortcomings in the areas of judicial reform and anti-corruption.

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Serbia

Serbia’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous Country Strategy, in line with its efforts towards implementation of the comprehensive EU reform agenda. It has been a formal EU candidate country since 2012 and is currently in the process of EU accession negotiations. At the same time, many challenges remain. Serbia shares, in particular, some key institutional weaknesses common to Western Balkan countries, including in the area of the rule of law and the fight against corruption.

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Slovak Republic

The Slovak Republic’s commitment to and application of principles set out in Article 1 of the Agreement Establishing the Bank has continued over the period
since the adoption of the previous Country Strategy. The constitutional and legislative framework for a pluralistic parliamentary democracy is in place. The
separation of powers and checks and balances in the political system and guarantees for human rights and fundamental freedoms are largely in line with
international and European standards. The media are pluralistic and competitive and civil society operates independently. Elections are conducted in a manner
deemed by the OSCE to be broadly free, fair and competitive. The Slovak Republic has been a member of the European Union (EU) since 2004.

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Slovenia

Slovenia stands at the forefront of the CEB region in terms of alignment with EU average GDP per capita; however, recent years have seen stagnant progress in its journey towards further convergence. The country’s growth, disrupted by the Covid-19 pandemic, experienced a strong recovery in 2021, facilitated by fiscal expansion, but faced setbacks in 2022 and 2023, due to rising inflation, the energy crisis, and heightened external vulnerabilities.

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Tajikistan

Tajikistan’s economy has shown strong performance in recent years, outpacing the regional average, notwithstanding a low initial base and despite heightened geopolitical risks. Strong growth in remittances and real wages, including increases in minimum salaries, supported domestic purchasing power and boosted retail spending. Industrial growth was also robust, especially in mining and local manufacturing.

Strong investment growth reflected primarily ongoing construction of the Rogun hydropower project, and other infrastructure projects, including those financed by donors and IFIs in transport, and water and wastewater sector. Inflation is at low single digits as a result of conservative monetary policy and price controls.

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Tunisia

Tunisia’s commitment to and application of the political principles stated in Article 1 continued in the period since the adoption of the previous country strategy. Notwithstanding certain achievements, further improvements are needed in several Article 1 areas.

Tunisia’s central location in North Africa and proximity to Europe have historically granted it a prominent socio-political role within the Arab world as well as between the Arab world and Europe. This influence has been reinforced by the country’s efforts in advancing gender equality, building strong health and education systems and a sophisticated public administration, and fostering a strong civil society.

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Türkiye

For 2024-2029, the Bank will intensify Green Economy Transition and help Türkiye realise its climate ambitions as well as boosting Türkiye’s human capital development and competitiveness through increased productivity, innovation and stronger governance.

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Turkmenistan

Turkmenistan’s commitment to and application of the political principles in Article 1 of the Agreement Establishing the Bank remain the subject of concern by relevant international bodies, despite some efforts by the authorities to improve the constitutional and legislative framework over the period covered by the previous County Strategy.

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Ukraine

We confirm our unwavering support for Ukraine at this critical moment in its history. Our governors have approved a resolution to increase our paid-in capital by €4 billion to help provide significant and sustained investment for the country’s real economy.

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Uzbekistan

Uzbekistan remains committed to the political principles of Article 1 and their application as set out in the Articles Establishing the Bank, although progress since the previous Country Strategy for Uzbekistan was approved in September 2018 has been uneven. Progress was more consistent in the first part of the previous Country Strategy period, but slower and patchier in the second. Before the Bank re-engaged in 2017, Uzbekistan’s commitment to and application of Article 1 principles had been minimal. There has been significant progress since then, but major concerns remain.

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Energy Sector Strategy 2024-28

The central theme of the EBRD's Energy Sector Strategy 2024-28 is to accelerate the vital energy transition in the economies where the Bank operates, while ensuring that the transition drives economic growth and social development.

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Financial Sector Strategy 2026-30

Intermediated finance is a core delivery driver of the EBRD’s Strategic and Capital Framework 2026-30. In a volatile, riskier world, the EBRD will focus investment in financial intermediaries on resilience and agility, green opportunities and human capital. The strategy will prioritise ambitious policy engagements. Leveraging donor resources effectively will enable the EBRD to reach further and do more, in full cooperation with other international financial institutions, maximising impact across the EBRD regions by mobilising private-sector resources and embedding the potential of developing and deploying digital approaches.

Food and Agribusiness Strategy 2025

The EBRD’s Food and Agribusiness Strategy 2025 sets a course for the sustainable transformation of the food and agribusiness sector in the context of increasingly complex global food systems.

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Mining Sector Strategy 2024-28

This document sets out the operational role of the EBRD in the mining sector and establishes the overall framework for the Bank’s activities in this sector.

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Municipal and Environmental Infrastructure (Infrastructure Sector Strategy 2025-29)

Building on the previous Municipal and Environmental Infrastructure Sector and Transport Sector Strategies, this single integrated Infrastructure Sector Strategy 2025-29 captures synergies between the municipal and transport sectors, enabling a coordinated and flexible approach for clients. This combined strategy aligns with the EBRD's well-established and integrated approach to all infrastructure delivered by the Bank.

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Real Estate Sector Strategy 2025-29

In the context of emerging global challenges and opportunities, the EBRD's Real Estate Sector Strategy 2025-29 embarks on a transformative journey to reinvigorate the real estate and hospitality sectors. According to a McKinsey report, two-thirds of global net worth is stored in real estate and, as such, particular attention is needed to ensure the sustainable growth of the largest asset class in the world. This new strategy acknowledges the intrinsic link between robust real estate development and the broader objectives of sustainable and inclusive economic growth, as enshrined in the United Nations Sustainable Development Goals.

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Telecommunications, Media and Technology Sector Strategy 2025-29

The Telecommunications, Media and Technology Sector Strategy 2025-29 strengthens the EBRD's  focus on investing in digital infrastructure and tech-enabled products and services, which are mutually reinforcing parts of an integrated digital landscape.

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Transport Sector Strategy (Infrastructure Sector Strategy 2025-29)

Building on the previous Municipal and Environmental Infrastructure Sector and Transport Sector Strategies, this single integrated Infrastructure Sector Strategy 2025-29 captures synergies between the municipal and transport sectors, enabling a coordinated and flexible approach for clients. This combined strategy aligns with the EBRD's well-established and integrated approach to all infrastructure delivered by the Bank.

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