Bankwatch, June 2021
The European Bank for Reconstruction and Development (EBRD) stands out among multilateral development banks with the commitment of its shareholding countries to the fundamental principles of democracy and respect for human rights. As the EBRD celebrates its 30th anniversary, it is a perfect moment to reflect on the Bank’s track record, human rights policy framework and operational approach. Has the Bank taken the necessary steps to address the emerging challenges related to democratic transition and respect for human rights in its regions of operations? What progress has been made in the last three decades and what gaps remain to be addressed for a robust system that prevents violations and promotes rights?