No PPP in the world can rescue a poorly planned infrastructure project

Infrastructure schemes - whether PPPs or not - often suffer from governance problems including poor planning, low administrative capacity of public officials to oversee projects, and lack of transparency. PPPs can make these problems more difficult to uncover and resolve because of their complexity and lack of transparency.

Build now, pay heavily later

One of the chief misconceptions about public-private partnerships is that they somehow mobilise extra financial resources for projects that would otherwise have to wait several years to be implemented. This irresponsible claim encourages decision-makers to carry out projects that may not be affordable - and it is usually several years before anyone realises the damage done.

EBRD's work cut out in quest to put Egypt on the road to economic renewal

Source: Celeste Hicks, The Guardian

The European Bank for Reconstruction and Development faces some tough calls as it tries to revive Egypt's economic fortunes.

Empowering Arab Women, a Difficult Task for the EBRD

Source: Loubna Flah, Morocco World News

Faced with a lack of opportunities and disempowerment in their societies, women’s journey towards self-assertion is more effort consuming.

Moscow - St. Petersburg motorway section 15-58 km: A deal involving tax havens and poor value for money

The first section of the Moscow - St. Petersburg motorway is best known for the conflict over its routing through Khimki Forest.

The project is widely heralded as being the first public-private partnership (PPP) in the roads sector in Russia.

EBRD sustainable investment plan shoots down critical study

Source: Nicola Hunt, blue & green tomorrow

The European Bank for Reconstruction and Development (EBRD) has revealed plans to invest €6.5 billion in cutting carbon emissions, just days after a report by Bankwatch suggested that the EBRD’s investment strategy was undermining its sustainability strategy.

ЕБРР следует (лучше) слушать гражданское общество в странах «арабской весны»

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В рамках подготовки к программе расширенного кредитования в странах «арабской весны», ЕБРР проводит консультации с представителями гражданского общества. Однако, кажется, банк не прилагает надлежащих усилий.


Are Tar Sands Pipelines Positive or Negative for Women?

Source: Elaine Zuckerman, Huffington Post

Although delayed, the TransCanada Keystone XL tar sands pipeline is almost a go despite community resistance from the Canadian border to Texas refineries. Politics will determine when the pipeline will launch. Proponents argue that the pipeline will reduce U.S. dependence on Middle East oil. Opponents raise environmental concerns. But the discourse, dominated by national security, jobs, and pollution, mostly ignores oil extraction and pipeline impacts on women

Eastern Europe's neoliberal disaster provides a warning for the Arab spring

Source: Nick Clark, The Guardian

I wonder if David Cameron spent any time in eastern Europe in the 1990s.

New EBRD chief champions democracy mandate

Source: , al-Ahram

Euro development bank says promoting democratic freedoms is its main goal after it agrees 1 billion euro fund for Egypt and other Arab nations.

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