environment and safety
The EBRD is directed by its founding agreement to promote, in the full range of its activities, environmentally sound and sustainable development. This requirement is implemented in the Bank through a co-ordinated effort by a number of teams.
The Environment Department
The Environment Department's principal function is to implement the Bank's environmental mandate. The team appraises all projects financed by the Bank to ensure that they comply with the Banks' Environmental Policy and Procedures. The Environment Department also helps develop environmental investments and capacity building projects.
The EBRD Environment Department is organised into three operational support groups, one policy group and one strategy group. Key tasks include:
Appraising both investment and technical assistance projects undertaken by the EBRD to assess the due diligence required to ensure that projects meet the Bank's Environmental Policy commitments.
Assisting banking teams and sponsors on public consultation.
Monitoring the implementation of environmental requirements for each project. This includes reporting, site visits, and interim audits.
Initiating investment and technical assistance projects with specific environmental aims;
Providing policy and project related guidance to the Bank on issues of environment, health and safety.
Investment activities and the environment
All projects financed by the Bank are designed to be environmentally sound. In addition, projects with specific environmental objectives can be financed by any of the Banking Department's business sector groups.
Projects with specific environmental aims include energy efficiency credit lines and waste water treatment facilities. There are also projects where environmental benefits are incidental as a result of, for example, technology upgrades which improve environmental efficiency. Banking teams with a specific environmental role are Municipal and Environmental Infrastructure and Energy Efficiency. The EBRD also has a Nuclear Safety Department.
Support departments and the environment
The Office of the General Counsel (OGC) drafts and negotiates legal agreements with clients, ensuring that the specific environmental requirements are included. OGC also has a role in policy development.
The Operations Administration Unit monitors submission of environmental reports or other environment-related actions covenanted in agreements. In addition, accidents and incidents are typically first reported to this unit.
The Project Evaluation Department assesses the environmental performance of the sponsor and the EBRD, as well as environmental change after project completion.
The Office of the Chief Economist provides comment and guidance on issues affecting the environment and local communities. Issues include transition impact, and energy and resource efficiency and pricing.
The Administration Department is responsible for several environmental functions within the EBRD's buildings. These include promoting energy efficiency, minimising water consumption and improving waste recycling.
The Purchasing Department considers environmental issues during supplier selection.
The TurnAround Management Programme advices and guides participating companies on cleaner production measures and environmental management systems.
The Chief Compliance Officer processes complaints and grievances on the EBRD's activities and staff.
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