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Financial results in 2024:
Expected impact of projects signed in 2024:
The EBRD has assessed green indicators for a number of years. Following the adoption of the GET approach for 2021-25, the EBRD has expanded the range of indicators it assesses to cover a wider range of environmental elements. These indicators are calculated ex-ante at the time of finance commitment.
How we measure and report our impact
All EBRD projects are assessed for compliance with our Environmental and Social Policy, alignment with the objectives of the Paris Agreement, and climate-related financial risks. Those that deliver green transition are additionally assessed for green finance attribution and their green transition impact under the EBRD’s transition impact methodology.
The project-level assessments include estimating energy savings, renewable energy production, greenhouse gas emission reductions, water savings and waste reductions among other impact indicators. We use the International Financial Institution Framework for a Harmonized Approach to GHG Accounting to report on emissions.
In accordance with the EBRD Public Information Policy, we disclose project-level green finance commitments and expected impact via EBRD Project Summary Documents. We disclose aggregate-level green finance commitments and expected impact in our Annual Review and Sustainability Report. We also disclose our climate finance commitments through the annual Joint Report on Multilateral Development Banks’ Climate Finance. We report our climate finance commitments in line with the approach developed by the joint multilateral development bank (MDB) group for climate and co-finance tracking. In addition, the EBRD shares climate finance data with many partners, including the OECD, the UNFCCC and the Climate Policy Initiative.
We report our climate-related financial risks based on framework of the Task Force on Climate-Related Financial Disclosures (TCFD). We committed to following International Sustainability Standards Board (ISSB) standards of disclosure by the end of the 2025 financial year.
For detailed information about how the EBRD tracks and reports its climate finance and impacts, see our GET Handbook.