Latest sustainability news
Our latest news and updates on our sustainability work.
View our latest Sustainability Report.
Making sustainability easier for our clients
We expect EBRD-financed projects to be designed and operated in compliance with good international practices relating to sustainable development.
To help our clients and their projects achieve this, we have defined 10 performance requirements covering the key areas of environmental and social issues and impacts, providing a solid base from which clients can improve the sustainability of their business operations.
To guide our clients in implementation of our requirements, we have a host of resources available including guidance and good practice notes, compliance documents and e-manuals, available here:
The EBRD is committed to promoting European Union environmental requirements. We are also signatories of the European Principles for the Environment.
Together with the Council of Europe Development Bank, the European Investment Bank, the Nordic Environment Finance Corporation and the Nordic Investment Bank, we have developed the Sourcebook on EU Environmental Law in order to help our clients implement EU environmental requirements at the project level.
Green Economy Transition Approach
In 2020, the Board of Directors approved the new Green Economy Transition (GET) approach for the 2021-25 period (GET 2.1) as part of the EBRD’s Strategic and Capital Framework (SCF) for a Resilient and Sustainable Future. The new GET approach aims to scale up the Bank’s contribution to addressing the climate and environmental crisis. It also takes into account the context brought about by COVID-19, highlighting areas of opportunity to support a green recovery.
As guidance for external counterparts (clients, consultants, civil society organisations, etc.) involved with or following EBRD projects, the Technical Guide on Implementing the Green Economy Transition presents the qualifying criteria for GET in different sectors and the overarching principles for GET attribution in a project. It explains how to assess GET finance and benefits and details monitoring, reporting and verification (MRV) aspects of the GET approach. Specifically, the Technical Guide presents principles, criteria and approaches to:
determine which projects or project components qualify for GET finance
undertake an ex-ante estimate of the impact for GET indicators
monitor, verify and report on GET project implementation.
More detailed technical eligibility criteria can be found in the accompanying Annexes on Implementing the Green Economy Transition – Technical Guide.