Bankwatch comments on the EBRD's Capital Resources Review background material (2011-2015)

The EBRD invited for comments on the background material on its fourth Capital Resources Review. Further to our recent recommendations to the EBRD on improving its operations for the period 2011-2015 we believe that progress is being made in some areas, but that there are still several important issues that need particular attention.

These comments offer detailed recommendations on how the bank should improve it's effectiveness in the environmental and social spheres, particularly in view of the planned capital increase.