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EBRD Strategies and Policies
The strategies and policies that govern the EBRD's operations are listed below by type and alphabetically.For queries regarding this content, please contact the EBRD Communications Department.
Corporate policies, strategies and procedures
Accelerating the digital transition, 2021-25
In its five-year Strategic and Capital Framework (SCF 2021-25), the European Bank for Reconstruction and Development (EBRD) committed for the first time to using the digital transition as an enabler of transition in all of the economies and sectors in which it invests. In this paper, the Bank sets out a framework for delivering on this commitment.
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PDF format / 11.31 MBAccess to Information Policy
The Access to Information Policy sets out the EBRD’s commitment to transparency and disclosure based on the principles of Transparency, Accountability, Good Governance and Client Responsibility to Affected Stakeholders, describes the principles of implementation arrangements as well as contains a limited list of exceptions to disclosure and corresponding overrides.
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Addressing staff grievances
The Grievance Procedures and the Appeals Procedures establish a graduated and defined three-tier appeal mechanism under which a staff member can seek redress of any administrative decision that adversely affects him or her.
Policy
PDF format / 0.01 MBAnti-terrorist statement
The EBRD will not provide financing or award any contract for the supply of goods, works or services to any person or entity that, according to the UN Security Council and/or the counter-terrorism subsidiary bodies of the Security Council, is or may be supporting terrorist activities.
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Approval of new governance policies
On 7 May 2014, the EBRD Board of Directors approved revisions to three major governance policies: the Environmental and Social Policy, Public Information Policy, and Project Complaint Mechanism Rules of Procedure.
Capital Adequacy Policy and Procedures
The European Bank for Reconstruction and Development (EBRD) has published its Capital Adequacy Policy and Capital Adequacy Procedures underpinning its Capital Adequacy Framework. This document is a vital cornerstone for the Bank’s financial sustainability and strength, which support the Bank’s mission across all its Countries of Operations.
Policy
PDF format / 0.45 MBCapital Resources Review
The EBRD’s operations during the CRR4 period 2011-2015 will be guided by the strategic objectives endorsed by the Board of Governors at the 2009 Annual Meeting in London. A significant focus will be placed on tackling energy efficiency, climate change and helping to ensure energy security, as well as accelerating transition in the infrastructure sectors in the Bank’s countries of operations.
Civil Society Engagement by the EBRD: Roadmap (2017-20)
This paper outlines the way in which the EBRD’s engagement with civil society supports the priorities of the Bank’s Strategic and Capital Framework (SCF), namely promoting economic resilience, fostering regional integration and addressing regional/global challenges. Looking ahead to 2020, the Roadmap also outlines how civil society engagement can go even further to support the Bank’s efforts to reenergise transition, promote the qualities of a well-functioning market economy in line with the revised transition concept, as well as address key challenges faced by civil society in the EBRD region. This paper was approved by the Bank’s Strategy and Policy Committee on 21 December 2016.
Executive Summary
PDF format / 0.61 MBCodes of conduct
Code of conduct for EBRD personnel
Code of Conduct for Officials of the Board of Directors of the EBRD
Common Performance Assessment Report
The African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank are making good progress in adopting Managing for Development Results (MfDR) practices. These MfDR practices aim to improve the design, implementation, and evaluation of strategies and operations with a view to achieving relevant development results.
Conduct and Disciplinary Rules and Procedures
The Conduct and Disciplinary Rules and Procedures of the EBRD consists of rules and procedures for reporting and investigating suspected staff misconduct and for imposing disciplinary measures when misconduct has been established.
Procedures
PDF format / 0.33 MBDomiciliation of EBRD clients
The EBRD supports international efforts to discourage money laundering, terrorism financing, tax evasion and other harmful tax practices. In that context, this Policy sets out the conditions under which the EBRD may finance a project when the borrower, the investee or a controlling entity is located in a third jurisdiction, i.e., a jurisdiction other than the country of operations where the project is located. This Policy was approved in January 2019, in response to developments in international tax policy, and entered into force on 1 July 2019 (superseding the policy that was approved in December 2013).
Policy
PDF format / 0.07 MBEconomic Inclusion Strategy
Economic inclusion and inequality have become defining political, social and economic issues shaping the EBRD region today.This is the EBRD’s first Economic Inclusion Strategy that follows the update of the Bank’s transition concept that defined economic inclusion as one of the key qualities of a sustainable market economy.
The EIS solidifies the EBRD’s strong commitment to enhancing economic inclusion through its distinct private sector led approach in partnership with its clients and policy stakeholders. In this context, the Strategy draws on the Bank’s Environmental and Social Policy and aligns with the Strategy for the Promotion of Gender Equality (SPGE).
Enforcement Policy and Procedures
The Enforcement Policy and Procedures (“EPP”) of the European Bank for Reconstruction and Development (EBRD or the Bank) set out the Bank’s policy and procedures for processing allegations of fraud, corruption, collusion, coercion, obstruction, theft or misuse of the Bank’s resources or Bank’s assets in relation to activities and projects financed from the Bank’s ordinary capital resources (including the purchase of the goods, works or services for the Bank) or from Special Funds resources, or from cooperation funds administered by the Bank.
Environmental and Social Procedures
The EBRD is directed by its founding agreement to adhere to sound banking principles and to "promote in the full range of its activities environmentally sound and sustainable development".
The various ways in which the EBRD promotes such development are described in the Bank's Environmental and Social Policy.
One specific step taken by the Bank to address this mandate and the General Principles and Objectives set out in the Policy is to ensure that all of its investment and technical co-operation projects undergo environmental appraisal along with the financial, economic, legal and technical due diligence which is carried out, and ensure appropriate monitoring is undertaken following approval of projects by the Board of Directors.
For this the Bank has developed Environmental and Social Procedures.
Procedures
PDF format / 0.55 MBEnvironmental and Social Policy
The Environmental and Social Policy is one of the Bank’s three good governance policies and a key document that guides the EBRD’s commitment to promoting “environmentally sound and sustainable development” in the full range of its investment and technical cooperation activities. It sets out the ways in which we implement this commitment in practice and on our projects.
Ethnic minorities and the EBRD
This paper explores the political aspects of the Bank’s mandate in relation to ethnic minority rights and suggests the Bank’s future approach. It does so because of the threat to democratic and economic progress from increasing tension in the Bank’s region of operations between many minority groups and their countries’ governments, and also from threats to peace between separate countries.
The approach taken is to consider the status of international and regional protection of the human rights of individuals belonging to minorities, particularly through those bodies or instruments cited in the Agreement Establishing the European Bank and in the Bank’s policy paper on Procedures to Implement the Political Aspects of the Mandate of the European Bank.
Paper
PDF format / 0.09 MBEBRD’s Evaluation Policy
The EBRD Evaluation Policy was approved by the Board in January 2013 and revised in 2023 to strengthen evaluation practices within the Bank. It establishes the scope and objectives served by evaluation in the EBRD.
Fraud and corruption - definitions and guidelines
‘Fraud and corruption - definitions and guidelines - The purpose of these guidelines is to clarify the meaning and interpretation of the terms “Corrupt Practices”, “Fraudulent Practices”, “Coercive Practices”, “Collusive Practices”, “Obstructive Practice”, “Theft” and “Misuse of the Bank’s Resources” in the context of a Bank Project”.
Guidelines
format / MBGreen Economy Transition Approach
The EBRD’s Green Economy Transition Approach reflects the needs of its countries of operations and increased focus on environmental sustainability in the context of the Sustainable Development Goals and COP21.
Document
PDF format / 1.72 MBHarassment-free and Respectful Workplace Procedures
This Procedure sets out processes for dealing, in the first instance, with improper interpersonal behaviour which does not befit the status of employees of an international organisation or is incompatible with the proper performance of official duties.
Document
PDF format / 0.43 MBInformation Classification (IC)
The EBRD recognises the importance of the information that it handles, including information that it receives from and sends to its clients, partners and suppliers.It also recognises the need to prevent the unauthorised disclosure of sensitive information both inside and outside the Bank.We have therefore launched a new Information Classification (IC) Scheme.
Integrity Risk Policy
The Bank’s Integrity Risks Policy and Terms of Reference for the Office of the Chief Compliance Officer.
Policy
PDF format / 0.23 MBPersonal Data Protection Policy
The EBRD Personal Data Protection Policy and Directive were approved by the EBRD in 2021 and came into effect on the date of their approval.
Political aspects of the EBRD mandate
The Agreement Establishing the European Bank for Reconstruction and Development includes a significant political element in that it specifies that the Bank may conduct its operations in countries of central and eastern Europe which not only are proceeding in their transition towards market-oriented economies, but also are applying principles of multiparty democracy and pluralism.
Soon after the Bank became operational its Board of Directors approved procedures to implement the political aspects of the Bank’s mandate in ways which recognise the critical link between the political and economic aspects of the Agreement.
Policy
format / MBProcurement policies and rules
In its five-year Strategic and Capital Framework (SCF 2021-25), the European Bank for Reconstruction and Development (EBRD) committed for the first time to using the digital transition as an enabler of transition in all of the economies and sectors in which it invests. In this paper, the Bank sets out a framework for delivering on this commitment.
Project Accountability Policy
The Project Accountability Policy describes the structure and procedures through which the new Independent Project Accountability Mechanism (IPAM) will:
- review environmental, social and transparency-related concerns regarding EBRD Projects;
- facilitate the resolution of issues among Project stakeholders;
- determine whether the Bank has complied with its Environmental and Social Policy and Access to Information Policy (and where applicable, address any existing non-compliance with these policies, while preventing future non-compliance by the Bank); and
- promote institutional learning.
Promotion of Gender Equality Strategy
With this second SPGE (2021-25), the Bank will further scale-up its activities to promote gender equality throughout its operations, and introduce additional lenses to ensure that approaches reflect new and emerging challenges as well as tackle entrenched issues. The Strategy sets out the corresponding objectives and lenses, reflecting the Bank’s Strategic and Capital Framework (2020-25) priorities of climate change and digitalisation, as well as two additional cross-cutting areas that are crucial for enhancing women’s participation in the economy and public life: the provision of care and the promotion of women’s voice and agency, including the freedom from gender-based violence and harassment (GBVH).
Strategy
PDF format / 8.01 MBPurchasing policy and procedures
The Internal Purchasing Policy and Procedures are designed to ensure that the purchase of all goods, services and works required for the satisfactory operation of the Bank Headquarters and Resident Offices is handled in a transparent, timely, efficient and effective manner with due regard to international purchasing best practice and the needs of individual user departments.
Policy
PDF format / 0.17 MBRisk Appetite Statement
The Risk Appetite Statement provides a comprehensive summary of Risk Appetite parameters guiding the EBRD’s operations. Its main purpose is to facilitate concise presentation and informed periodic review of the amount of risk the EBRD is prepared to take in its key activities.View statement
Statement
PDF format / 0.38 MBSecure Mail (Switch)
The EBRD recognises the importance of the information that it handles, including information that it receives from and sends to its clients, partners and suppliers. It also recognises the need to prevent the unauthorised disclosure of sensitive information both inside and outside the Bank.We have therefore implemented a new Secure Mail service called ‘Switch’ to enable the sending and receiving of sensitive data securely.
Guide
PDF format / 0.40 MBStatement on Retaliation
The EBRD does not tolerate actions by EBRD clients or other project counterparties that amount to retaliation – including threats, intimidation, harassment, or violence – against those who voice their opinion regarding the activities of the EBRD or its clients.
Statement
PDF format / 0.25 MBStrategic and Capital Framework
The Strategic and Capital Framework (SCF) 2021 - 2025 sets out the EBRD’s strategic aspirations for the period from 2021 to 2025 and confirms that the Bank has sufficient capital to support its proposed strategy even in the face of financial stress.
Strategy Implementation Plan (SIP)
This SIP fosters continued implementation of the EBRD’s mandate to assist recipient countries become sustainable market economies and its core principles of transition impact, sound banking and additionality.
Plan
PDF format / 1.42 MBWhistleblowing Policy
The EBRD Whistleblowing Policy provides a framework for reporting suspected misconduct, prohibited practices, unaddressed systems, processes and controls issues and integrity due diligence concerns.
Country strategies
Albania
Albania’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank continued since the adoption of the previous Country Strategy, in line with its efforts towards implementation of the comprehensive EU approximation agenda. This serves as the main external anchor for reforms, including as regards the strengthening of governance and the rule of law, where serious challenges remain.
Armenia
Armenia’s commitment to and application of the political principles as stated in Article 1 of the Agreement Establishing the Bank has, over the previous Country Strategy period, been marked by a stronger emphasis on upholding democracy, pluralism and the rule of law, in particular following a peaceful change in government in April-May 2018. The new authorities have committed themselves to profound changes and Armenia’s modernisation. As the reform process is at an early stage, important challenges still need to be addressed.
Azerbaijan
Azerbaijan’s rapid economic growth between 2005 and 2014, on the back of favourable commodity prices did not translate into a change of the country’s underlying economic structure, whose weaknesses were exposed by the end of the commodity super cycle. With the ensuing 2014-2015 banking crisis and economic recession afflicting much of the Bank’s engagement under the previous Country Strategy a new momentum for economic reform has, however, opened avenues for closer cooperation with authorities in key sectors of the economy.
Bosnia and Herzegovina
Bosnia and Herzegovina’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous Country Strategy, although the intricacies of the country’s constitutional setup adversely affects the functioning of its democratically elected institutions, aswell as civil and political rights of the citizens.
Bulgaria
Bulgaria’s commitment to and application of principles set out in Article 1 of the Agreement Establishing the Bank continued over the period since the previous Country Strategy approval. The country has made further progress in certain areas of democratic development, including the rule of law, particularly in the area of legislation, although some challenges remain as regards implementation.
Croatia
Croatia’s commitment to and application of principles set out in Article 1 of the Agreement Establishing the Bank has continued over the period since the adoption of the previous Country Strategy.
The most recent member of the European Union (EU), Croatia became a member of the euro area and Schengen zone on 1st January 2023, and is in the advanced phase of the negotiations for joining the OECD.
Cyprus
The overarching strategic focus of the Bank in Cyprus is to support transition with institution and market enhancement and deep economic restructuring. This in turn should help the country to overcome the deep economic and financial crisis, in line with the objectives of the EAP.
Czech Republic
We’re resuming investment in the Czech Republic in response to a request by its government for help with recovery from the pandemic.
Egypt
In Egypt we focus on the development of the private sector, strengthening competitiveness, better economic integration and increased opportunities for women and young people. The EBRD works to improve the quality and sustainability of public utilities through private sector participation and enhancing energy security in the country and good governance.
Estonia
Estonia implemented the body of EU market regulation prior to accession in 2004 and has benefited significantly from integration into the EU internal market through substantial capital inflows and growing trade shares with the rest of the EU. Estonia has one of the most knowledge-intensive economies in the transition region.
Georgia
Georgia has, over the previous Country Strategy period, remained committed to application of the political principles as stated in Article 1 of the Agreement
Establishing the Bank. However, tackling political polarisation, implementing electoral reform, strengthening the rule of law and ensuring the independence and
accountability of the judiciary remained, according to relevant international organisations, important challenges.
Greece
Even before the Covid-19 pandemic, Greece continued to face significant structural challenges, particularly in securing much-needed foreign investment given domestic funding constraints. Privatisations, PPPs and major infrastructure projects will all require financial support, and critical reforms still require implementation to attract necessary investment, enhance resilience and promote sustainable growth. The Bank is well placed to assist Greece in these targeted areas, in 2018 the Government requested, and EBRD shareholders approved, a five-year extension of its mandate until the end of 2025. The EBRD’s investments, backed by donor-funded technical assistance and policy dialogue, are intended to strengthen progress in the reform of Greece’s economy and contribute to its recovery. The EBRD deploys its experience and expertise in attracting and encouraging foreign and domestic investment, strengthening the role of the private sector and deepening regional integration.
Hungary
Hungary is highly integrated into global value chains, and has been significantly impacted by COVID-19. The Bank will provide support for the recovery from COVID-
19 crisis as needed, as this may temporarily increase EBRD’s additionality during the strategy period, to be reviewed as a part of an extended Country Strategy
Delivery Review for 2023.
Jordan
Jordan’s commitment to and application of the principles of multiparty democracy and pluralism as enshrined in Article 1 of the Agreement Establishing the Bank has, in the previous country strategy period, been marked by exogenous challenges, which made further progress understandably challenging.
Kazakhstan
Since the last Country Strategy for Kazakhstan was approved in July 2017, there has been mixed progress with its commitment to and application of Article 1 principles as set out in the Articles Establishing the Bank. In March 2019, First President Nazarbayev stood down from the presidency and, in early presidential elections in June 2019, Kassym-Jomart Tokayev was elected president. International election observers gave an overall critical assessment of the 2019 presidential elections and the 2021 parliamentary elections.
Kosovo
Kosovo’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous country strategy, in line with its efforts towards EU approximation. At the same time many challenges remain. Kosovo shares many key institutional weaknesses common to the Western Balkans countries, including weak rule of law, relatively low capacity of public administration, and an uneven culture of political dialogue and consensus building.
Kyrgyz Republic
The Kyrgyz Republic remains committed to the political principles of Article 1 and their application as set out in the Articles Establishing the Bank. However, in the period since the previous Country Strategy was approved in July 2019, implementation has been inconsistent and, in important respects, has reversed. Since independence, international bodies responsible for monitoring democracy and human rights standards have generally assessed the Kyrgyz Republic positively, certainly in the regional context. However, in recent years, they have repeatedly raised concerns about a steady and serious deterioration in its performance in areas such as the situation for independent media and civil society.
Latvia
Latvia is among most advanced transition countries in the EBRD region. However the scale of the impact of the economic crisis on the Latvian economy has exposed areas that require a further acceleration of reforms and where the EBRD can be of support.
Lithuania
Despite successful market-oriented and democratic reforms, Lithuania was hit hard by the global financial crisis of 2009-2010. The crisis revealed a number of remaining reform challenges, particularly in the areas of competitiveness and public and corporate governance.
Moldova
Since the adoption of the previous Country Strategy, Moldova’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank have notably strengthened following a political change in 2020 2021 The new reform oriented authorities have taken steps to strengthen democracy and address the country’s long standing vulnerabilities, in particular in the field of justice, rule of law and the fight against corruption At the same time, Moldova’s reform ambitions require enhancing the capacity of public administration, especially in view of the magnitude of the challenges it faces.
Mongolia
Mongolia continues to meet the conditions specified in Article 1 of the Agreement Establishing the Bank. In more than two decades since the beginning of transition, the country has made significant progress on the path to pluralistic democracy and an open market-oriented economy.
Montenegro
Montenegro is committed to and applying the principles of multiparty democracy, pluralism and market economics in accordance with the conditions specified in Article 1 of the Agreement Establishing the Bank.
Morocco
In Morocco we focus on three key priorities:
- support the shift to a more private-sector-led economy by enhancing competitiveness and promoting Morocco’s governance reform agenda
- strengthen social cohesion and reduce regional disparities for more inclusive growth
- accelerate Morocco’s green economy transition through more sustainable energy, water and infrastructure.
- We continue to cooperate with other IFIs, the EU and bilateral partners to ensure that our operations take full account of their work as well.
North Macedonia
North Macedonia’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank were seriously challenged for most part of the period since the adoption of the previous Country Strategy, as the country witnessed dramatic deterioration in the state of democracy due to what relevant EU reports qualified as a “state capture” by the leadership of the then governing political party.
The most severe political crisis in North Macedonia since the armed conflict of 2001 adversely affected the economy and hampered EBRD’s operations in the country. Its resolution, which culminated in change in government in spring 2017 to a new pro-reform coalition, led by the previously main opposition political party, stands to mark an auspicious turning point, with improvements in the area of the rule of law, restoring checks and balances in the political system and a comprehensive economic reform agenda at the core of the programme.
Poland
Poland has remained committed to the political principles stated in Article 1 of the Agreement Establishing the Bank. Their application during the previous Country Strategy period, in particular related to the independence of the judiciary and the situation with the rule of law, were marked by notable disagreements internally and were raised by EU institutions and relevant international organisations as a source of serious concern. The political change following the outcome of the parliamentary elections in October 2023 has opened a path for addressing the existing challenges.
Romania
In Romania, we focus on financing green investments in infrastructure, with a focus on the energy sector; boosting corporate productivity and resilience, including through innovation, greater integration and enhanced workforce skills; and further developing the financial sector and capital markets.
Serbia
Serbia’s commitment to and application of the political principles stated in Article 1 of the Agreement Establishing the Bank has continued since the adoption of the previous Country Strategy, in line with its efforts towards implementation of the comprehensive EU reform agenda. It has been a formal EU candidate country since 2012 and is currently in the process of EU accession negotiations. At the same time, many challenges remain. Serbia shares, in particular, some key institutional weaknesses common to Western Balkan countries, including in the area of the rule of law and the fight against corruption.
Slovak Republic
The Slovak Republic’s commitment to and application of principles set out in Article 1 of the Agreement Establishing the Bank has continued over the period
since the adoption of the previous Country Strategy. The constitutional and legislative framework for a pluralistic parliamentary democracy is in place. The
separation of powers and checks and balances in the political system and guarantees for human rights and fundamental freedoms are largely in line with
international and European standards. The media are pluralistic and competitive and civil society operates independently. Elections are conducted in a manner
deemed by the OSCE to be broadly free, fair and competitive. The Slovak Republic has been a member of the European Union (EU) since 2004.
Slovenia
Slovenia stands at the forefront of the CEB region in terms of alignment with EU average GDP per capita; however, recent years have seen stagnant progress in its journey towards further convergence. The country’s growth, disrupted by the Covid-19 pandemic, experienced a strong recovery in 2021, facilitated by fiscal expansion, but faced setbacks in 2022 and 2023, due to rising inflation, the energy crisis, and heightened external vulnerabilities.
Tajikistan
The Republic of Tajikistan’s commitment to and application of the principles set out in Article 1 of the Agreement Establishing the Bank over the previous Country Strategy period has received a mixed assessment by relevant international bodies. They have welcomed some improvements in the legislative framework, while raising concerns about retrograde steps in other areas. They have also raised a series of concerns about the application of the legal framework for democracy and human rights in practice.
Tunisia
The EBRD has been working in Tunisia since 2012 and is well positioned to help mobilise much-needed private investment in the country, contribute to implementation of the Tunisia Development plan, and support reform efforts for job creation and inclusive growth through tailored policies and financial instruments.
Given the challenging political economy, the Bank will seek to focus both on reform opportunities with substantial short-term benefits in terms of their potential to attract investment and sustain growth, as well as build capacity to address more long-term structural reform issues.
Türkiye
For 2024-2029, the Bank will intensify Green Economy Transition and help Türkiye realise its climate ambitions as well as boosting Türkiye’s human capital development and competitiveness through increased productivity, innovation and stronger governance.
Turkmenistan
Turkmenistan’s commitment to and application of the political principles in Article 1 of the Agreement Establishing the Bank remain the subject of concern by relevant international bodies, despite some efforts by the authorities to improve the constitutional and legislative framework over the period covered by the previous County Strategy.
Ukraine
Ukraine is committed to and applying the principles of multiparty democracy and pluralism as enshrined in Article 1 of the Agreement establishing the Bank. Following Revolution of Dignity, wide-ranging efforts have been made to accelerate passing and implementation of democratic reforms. While many challenges remain, in particular in the area of the rule of law, and in tackling corruption, significantaccomplishments have been made.
Uzbekistan
Uzbekistan remains committed to the political principles of Article 1 and their application as set out in the Articles Establishing the Bank, although progress since the previous Country Strategy for Uzbekistan was approved in September 2018 has been uneven. Progress was more consistent in the first part of the previous Country Strategy period, but slower and patchier in the second. Before the Bank re-engaged in 2017, Uzbekistan’s commitment to and application of Article 1 principles had been minimal. There has been significant progress since then, but major concerns remain.
Sectoral strategies
Energy strategy
The central theme of the European Bank for Reconstruction and Development’s (EBRD) Energy Sector Strategy is to accelerate the vital energy transition in the economies where the Bank operates, while ensuring that the transition drives economic growth and social development.
Strategy
PDF format / 4.37 MBFinancial Sector Strategy 2021 -2025
The EBRD’s ongoing engagement in the financial sector is critical. CoOs continue to experience significant headwindsexacerbated by the COVID-19 crisis, which makes the large-scale redirection of capital needed to achieve transition to net-zero even more of a challenge. As the ability of banks to support the economic recovery is reduced, the gap in access to finance increases, particularly for female and young entrepreneursand MSMEs. The trade finance gap remains wide in most of the EBRD region.
Strategy
PDF format / 3.85 MBFood and Agribusiness strategy
The EBRD’s Food and Agribusiness Strategy 2025 (2025 Strategy) sets a course for the sustainable transformation of the food and agribusiness sector in the context of increasingly complex global food systems.
Strategy
PDF format / 2.79 MBMining Strategy
This document sets out the operational role of the Bank in the mining sector and establishes the overall framework for the Bank’s activities.
Municipal and Environmental Infrastructure
Building on the previous Municipal and Environmental Infrastructure Sector and Transport Sector Strategies, this single integrated Infrastructure Sector Strategy captures synergies between both the municipal and transport sectors, enabling a coordinated and flexible approach for clients. This combined strategy aligns with the EBRD's already well-established and integrated approach to all of the infrastructure delivered by the Bank's Sustainable Infrastructure Group.
Strategy
PDF format / 4.04 MBReal estate strategy
In the context of emerging global challenges and opportunities, the European Bank for Reconstruction and Development's Real Estate (RE) Strategy for 2025-2029 embarks on a transformative journey to reinvigorate the real estate and hospitality sectors. According to a McKinsey report, two-thirds of global net worth is stored in real estate, and as such, particular attention is needed to ensure the sustainable growth of the largest asset class in the world. This new strategy acknowledges the intrinsic link between robust real estate development and the broader objectives of sustainable and inclusive economic growth, as enshrined in the United Nations Sustainable Development Goals (SDGs).
Real estate strategy
PDF format / 4.60 MBTelecommunications, Media and Technology sector strategy
The TMT sector provides the necessary digital infrastructure for connectivity and data storage, as well as the technologies changing how we participate in our economies, interact with each other, access services and engage with government entities. The COVID-19 pandemic accelerated the growth of data use worldwide and provided a stark reminder of the remaining inequalities in access to high-speed internet.
Strategy
PDF format / 3.94 MBTransport Sector Strategy
Building on the previous Municipal and Environmental Infrastructure Sector and Transport Sector Strategies, this single integrated Infrastructure Sector Strategy captures synergies between both the municipal and transport sectors, enabling a coordinated and flexible approach for clients. This combined strategy aligns with the EBRD's already well-established and integrated approach to all of the infrastructure delivered by the Bank's Sustainable Infrastructure Group.
Strategy
PDF format / 4.04 MB