Special Reports

Impact briefs

Group lending or individual lending?

Microfinance institutions across the world are moving from group lending to individual lending. Yet there is not much rigorous evidence on how these types of microcredit affect borrowers, and this makes it difficult to either substantiate or challenge such a strategic move. This EBRD Impact Brief presents some such evidence from a recent randomised field experiment in Mongolia.

Microfinance at the margin: Evidence from Bosnia and Herzegovina

A substantial part of the world’s population has no or only limited access to formal financial services. Many of the poor depend on informal networks and family ties – which are often less reliable or relatively expensive – and this may constrain potential entrepreneurs in executing profitable investment projects. To analyse to what extent a lack of credit may inhibit entrepreneurship and perpetuate poverty, this EBRD Impact Brief reports on a randomised field experiment in Bosnia and Herzegovina.

The impact of microcredit: evidence from across the world

Microcredit is designed to support entrepreneurship and alleviate poverty, but recent research from across seven countries has shown that giving poor people access to microcredit does not lead to a substantial increase in household income.


Life in transition surveys

Life in Transition survey I

The EBRD, in collaboration with the World Bank, has carried out a survey of 29,000 individuals across the region in order to address these issues. The purpose of this publication is to summarise some of the main results of this survey and to share these results with our partners.

Life in Transition survey II

The second EBRD survey of public attitudes, well-being and the impacts of economic and political change

Life in Transition survey III

This report draws on findings from the largest poll of its kind to assess life satisfaction, the role of corruption and the gender divide.

Food security

Private Sector for Food Security Initiative Annual Report 2015

The EBRD’s Private Sector for Food Security Initiative is the focus for all the Bank’s operational and policy work in the field of food security.

Food security and the transition region

This report is motivated by the need to understand the specific bottlenecks that the transition region is facing in fulfilling its potential in domestic and global food markets.

Energy security

20 years of investing in the green economy

A look back at how the EBRD has invested sustainably over the last twenty years across sectors.

The Low Carbon Transition

A special report on climate change mitigation in the countries from central Europe to central Asia.

Securing sustainable energy in transition economies

There is significant scope to reduce the carbon footprint of the energy sector in the transition region, both by reducing energy use per unit of output and by switching to low carbon energy sources. This is the clear message of the EBRD brochure, Securing sustainable energy in transition economies. Importantly, it introduces a new monitoring tool, the Index of Sustainable Energy (ISE), which allows experts and policy-makers to benchmark individual countries’ progress in reform of three key areas – energy efficiency, development of renewable energy sources and policies to address climate change.


Enhancing women’s voice, agency and participation in the economy

The main objective of this report is to undertake a mapping of voice, agency and participation in Egypt, Jordan, Morocco, Tunisia and Turkey so as to provide the EBRD with recommendations on how to design projects that better reflect and respond to women’s strategic and practical needs, while contributing to improvements in the participation of women in social and economic life in these countries’ specific contexts.

Government Assets: Risks and Opportunities in a Changing Climate Policy Landscape

The purpose of this paper is to help policy-makers and stakeholders better understand how issues around climate related policies affect national budgets. It also offers suggestions about how policy-makers and stakeholders can develop appropriate strategies.

Transition and transition impact

This review is fundamentally about holding up to internal and external scrutiny its methodology for assessing and measuring transition and the transition impact of Bank projects.

Diversifying Russia

Looking in detail at policies that can help to achieve economic diversification in Russia.