European Bank for Reconstruction and Development (EBRD)
The EBRD is dedicated to advancing "market-oriented economies and the promotion of private and entrepreneurial initiative." This has been its guiding philosophy since its inception in the early 1990s, and it will remain so in the future, despite new challenges and the addition of additional countries to the EBRD family. 71 countries, as well as the European Union and the European Investment Bank, own the EBRD. The Board of Governors, which has overarching power over the Bank, comprises representatives from each shareholder.
The European Bank for Reconstruction and Development (EBRD) invests in the transformation of people's lives. They are doing more than ever before across three continents through their projects, business services, and involvement in high-level policy reform. In terms of climate funding, they are world leaders. From the end of 2022, all of their activities will be in line with the Paris Agreement, and they intend to be a majority green bank by 2025.
They operate in about 40 economies on three continents, from the Southern and Eastern Mediterranean to Central and Eastern Europe and Central Asia. Their political engagement: EBRD personnel regularly collaborate on policy change with governments, business leaders, and regional officials, assisting in the development of policies and initiatives that improve economic circumstances and people's lives.
Founded: 1991
Headquarters: London, United Kingdom
Website: ebrd.com/home
