Search

Environmental and Social Policy

The European Bank for Reconstruction and Development is committed to promoting environmentally sound and sustainable development in the full range of its activities pursuant to the Agreement Establishing the EBRD. The Bank recognises that environmental and social sustainability is a fundamental aspect of achieving outcomes consistent with its transition mandate. Therefore, projects that foster environmental and social sustainability are among its highest priorities.

Report on the Invitation to Comment

Download

The Environmental and Social Policy (ESP):

outlines how the EBRD will manage the sustainability of its own operations and sets out the Bank’s commitments and implementation arrangements
summarises how the Bank will assess and monitor the environmental and social impacts and risks of its projects
sets minimum requirements for managing environmental and social impacts and risks associated with EBRD-financed projects throughout the lifetime of those projects
commits the Bank to identifying opportunities to promote projects and solutions with high environmental and social benefits
defines the respective roles and responsibilities of both the EBRD and its clients in designing, implementing and operating projects in accordance with this Policy.

This document supersedes the EBRD Environmental and Social Policy (2019) and its associated Environmental and Social Requirements (previously called Performance Requirements).

Translations of the ESP 2024 will be available in Q1 2025

Chapters

Environment and Social Requirements 1: Assessment and management of environmental and social risks and impacts

PDF format / 0.33 MB

Environmental and Social Policy

Chapters

Other languages

Environmental and Social Policy (ESP) Archive

Environmental and Social Policy previous editions