EBRD begins work on its new energy sector strategy

By Vanora Bennett

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The European Bank for Reconstruction and Development (EBRD) is starting work on a new energy sector strategy and inviting the public to contribute. During the first phase of the process, the Bank welcomes comments on its current energy sector strategy, which runs from 2019 to 2023. Comments should be submitted in writing by 2 December 2022 to energysectorstrategy@ebrd.com.

Strategies set out the principles of the EBRD’s operations and guide the Bank’s investments. The current energy sector strategy was approved by the EBRD’s Board of Directors in December 2018.

This invitation to comment on the existing strategy is part of the pre-drafting phase of the new energy sector strategy. The Bank will not be formally responding to comments at this stage, however.  

In the second phase, there will be a public consultation on the draft of the new energy sector strategy, in accordance with the EBRD’s Access to Information Directive, approved in April 2019. The Bank expects the draft strategy to be available in the second half of 2023.

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