Climate Change Data

European Bank for Reconstruction and Development

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Green Economy
  • Economic Inclusion
  • Gender Equality
  • Governance

Environmental Achievements

  • 46% of EBRD investments financed green economy projects, exceeding the 40% target for 2020.
  • €4.6 billion invested in 260 green economy projects.
  • Record levels of climate finance provided.
  • Issued the world’s first dedicated climate resilience bond, raising US$700 million.
  • Expected annual CO2 emissions reductions of 4.8 million tonnes.

Social Achievements

  • 71 projects addressing gender, youth, and regional inclusion signed.
  • Financing under the Women in Business programme topped €500 million, benefiting over 60,000 women-led SMEs.
  • First transaction explicitly addressing economic inclusion for people with disabilities approved.
  • Joined the Women Entrepreneurs Finance Initiative (We-Fi).
  • Supported the refugee response in Jordan and Turkey with a €900 million financing package.

Governance Achievements

  • Completed a review of its three governance policies (Environmental and Social Policy, Access to Information Policy, and Project Accountability Policy), including the largest stakeholder engagement exercise ever undertaken.

Climate Goals & Targets

Medium-term Goals:
  • Increase green financing to 40% of annual business volume by 2020.

Environmental Challenges

  • Social and economic impacts of the transition to a low-carbon economy.
  • Supply chain disruptions due to climate events (implied).
Mitigation Strategies
  • Started work on a “Just Transition” approach to support communities.
  • Helping businesses deal with climate shocks.
  • Working with financial markets to ensure capital flows reflect climate change.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
  • Landslides
Transition Risks
  • Social and economic impacts of transition to low-carbon economy
Opportunities
  • Development of energy-efficient products and services
  • Growth in renewable energy sector

Reporting Standards

Frameworks Used: Green Bond Principles (GBPs), Social Bond Principles (SBPs), Task Force on Climate-related Financial Disclosures (TCFD)

UN Sustainable Development Goals

  • Goal 5 (Gender Equality)
  • Goal 6 (Clean Water and Sanitation)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

EBRD activities contribute to 14 of the 17 SDGs.