European Bank for Reconstruction and Development
Financial institution which supports more than 30 countries
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February 2025 | Nigeria became the newest shareholder of the EBRD, expanding the bank's international membership. |
April 10 2024 | Benin became the latest country to join the EBRD, further expanding the bank's African membership. |
2023 | EBRD continued to prioritize crisis response and economic resilience, providing substantial financial support to countries impacted by geopolitical tensions and economic challenges. |
November 14 2023 | Iraq joined the EBRD as a new shareholder, extending the bank's reach in the Middle East. |
2022 | The bank significantly increased its investments in renewable energy and energy efficiency projects, supporting the transition to a low-carbon economy in its regions. |
February 24 2022 | Following Russia's invasion of Ukraine, the EBRD suspended its investment activities in Russia and Belarus, redirecting resources to support Ukraine's economic resilience. |
2021 | EBRD agreed on a new green economy approach for the period 2021-2025, setting a target to become a majority green bank by 2025. |
2021 | EBRD expanded its commitment to gender equality by increasing support for women-led businesses and promoting gender-responsive investments across its portfolio. |
2021 | Anastassia Obydenkova's research highlighted positive developments in carbon emissions reduction for states receiving EBRD loans, demonstrating the bank's increasing focus on climate change and sustainable development. |
September 23 2021 | The United Arab Emirates became a shareholder of the EBRD, continuing the bank's expansion. |
2020 | EBRD invested more than €10 billion in support of various initiatives and infrastructure projects. |
2020 | EBRD signed up to the Sustainable Blue Economy Finance Principles, becoming part of the world's first global guiding framework for sustainable ocean economy investments. |
2020 | EBRD continued supporting green economy investments, focusing on sustainable infrastructure and climate action projects across its regions of operation. |
2020 | EBRD Sustainability Report revealed donors provided €589 million to support EBRD activities through grants, loans, and risk-mitigating instruments. |
2020 | The EBRD committed €11 billion across 411 projects during the COVID-19 pandemic, representing a 10% increase compared to 2019. 72% of these investments were directed to the private sector, with only 29% allocated to green investments. |
2020 | Odile Renaud-Basso is appointed as the seventh President of the EBRD. |
July 2020 | Suma Chakrabarti ends his presidency of the EBRD. |
April 2020 | Launched the Vital Infrastructure Support Programme, providing €802 million in support for infrastructure providers during the COVID-19 pandemic. |
March 13 2020 | EBRD adopted the Solidarity Package response to COVID-19, providing emergency support and liquidity to affected regions. |
2019 | EBRD invested more than €10 billion in support of various initiatives and infrastructure projects. |
2018 | European Bank for Reconstruction and Development (EBRD) invested 9.5 billion EUR, with 3.3 billion EUR (36%) focused on Green Economy Transition (GET) investments. |
July 11 2018 | India joined the EBRD as a shareholder, further diversifying the bank's global membership. |
March 2018 | Patagonia helped launch The Dam Truth campaign, calling on international banks including EBRD to stop investing in the destruction of Europe's last wild rivers. |
February 2018 | Republic of North Macedonia abandoned plans for an A3 road through National Park Galičica, redirecting EBRD funds to alternative infrastructure projects. |
2017 | A report alleged deficiencies in monitoring and mitigation measures for EBRD-financed dam projects. |
2017 | The EBRD accomplished its goal of dedicating over 40 percent of its financing to green investment for the first time. |
January 2017 | EBRD cancelled the Boskov Most dam loan, stating that 'conditions for disbursement were not met'. |
January 15 2016 | China became a shareholder of the EBRD, marking a significant expansion of the bank's international representation. |
2015 | International Federation for Human Rights (FIDH) criticized Azerbaijan's 'caviar diplomacy' in charming European governments through oil and gas relations. |
2015 | Russia donated €5 million to the NDEP Support Fund, contributing to environmental initiatives within the European Bank for Reconstruction and Development. |
July 23 2014 | EBRD announced suspension of new investment projects in Russia following the European Council's declaration in response to pro-Russian unrest in Ukraine. |
July 2012 | Suma Chakrabarti becomes the sixth President of the EBRD. |
July 2012 | Thomas Mirow concludes his term as EBRD President. |
2011 | EBRD approved a €65 million loan to ELEM (Macedonian electricity utility) for a dam project at Boskov Most, which was later criticized for its potential impact on the Balkan lynx habitat. |
This contents of the box above is based on material from the Wikipedia article European Bank for Reconstruction and Development, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.