Member's Documents
Recognition of climate change as a major global public policy challenge has grown since key concerns were raised in 1992. The G8 elevated the importance of climate change in 2005 and there have been a series of international initiatives since that time. In 2015 developed countries were urged…
Member's Documents
In the aftermath of the Global Financial Crisis, central banks in the largest advanced countries innovated aggressively to restart growth and combat persistent deflationary risks, while policymakers elsewhere were faced by spillovers from extremely easy global liquidity conditions. This report…
Member's Documents
This Annual Evaluation Review provides a summary of EvD’s mandate and operational priorities, and an overview of its activities and accomplishments in 2018. Special topics include Credit Lines, Investment Climate and Infrastructure Project Preparation Facility.
Member's Documents
This study was requested by the Board Effectiveness and Efficiency Group, following the implementation by the Bank of a pilot, which increased the EBRD’s delegated authority threshold from €10 million to €25 million. On the completion of this pilot, the increased threshold became the Bank’s…
Member's Documents
The EBRD’s 2010 Property Strategy was strongly shaped by the financial crisis of 2008, which hit the Property and Tourism sector (P&T) particularly hard. “Crisis response” was an immediate and dominant operational priority. Longer-term, the Strategy’s objectives were limited to a…
Member's Documents
Lending through financial intermediaries, widely known internally as “credit lines,” has been a significant part of the Bank's operations since its inception. Credit lines have allowed it to reach larger numbers of smaller borrowers than possible through direct lending, and alongside…