25 January 2024

EBRD under pressure over human rights complaints

The European Bank for Reconstruction and Development is under pressure to improve protections for workers, citizens, and the environment when investing in countries with questionable human rights records.

A group of six international civil society organizations, led by CEE Bankwatch Network, is seizing the moment to push for significant changes to the ESP — arguing that EBRD fails to take proper responsibility for projects it co-funds, is not transparent about their impacts, and does not always consult local people adequately.

Read the full article on Devex here.