Member's Documents
The unprecedented global crisis triggered by the COVID-19 pandemic created a unique stress-testing environment for the European Bank for Reconstruction and Development (EBRD), challenging its operational norms and prompting an expedited response. The first among its peer international…
Member's Documents
This evaluation, the first for a multilateral development bank, assesses the EBRD’s additionality and transition impact in MREL and bail-in-able products from 2016 to 2023. While profitable and demand-driven, the EBRD’s approach has been projectbased, lacking consistent focus on systemic,…
Member's Documents
Green bonds are vital to channelling capital towards green projects. In recent years, green bonds have grown significantly, already accounting for approximately 4% of the global bond market. The objective of this report is to provide evaluative evidence on EBRD’s relevance as a green bond…
Member's Documents
This evaluation provides insights and evidence on the results of EBRD’s activities in support of sustainability and private sector participation in long-distance transport (principally railways, highways, ports and airports). It evaluates the relevance and additionality of such operations,…
Member's Documents
This evaluation assesses the decision-making processes that guided the evolution of the application of the Fund's mandate, the criteria and principles used to operationalize engagement in newer policy areas, and the coherence of the Fund’s framework for engaging with partners.
Member's Documents
In its Annual Evaluation Review 2023, EBRD's Independent Evaluation Department presents its key findings from 2023 as a contribution to institutional accountability and learning in 2023.