EBRD finance is helping to revive the Silk Road. The refurbishment of the historic Silk Road in Azerbaijan is a strategic project which allows the country to intensify links with international trade flows between Asia and Europe.

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The G8 members are increasing their contributions to the clean-up of Chernobyl by an additional amount of approximately €62 million. The new pledges come on top of a €135 million donation from the EBRD, which was approved as part of a decision on the use of EBRD's 2007 net income.

Press release

The EBRD is hosting the "Making Roads Safer" international conference. The conference will bring together the World Bank, regional development banks, the EU and leading donor countries to discuss ways of ensuring that all internationally funded road projects in developing countries meet tough criteria for safety assessment and design.

Conference details

Thomas Mirow assumes the EBRD presidency. On 19 May 2008, the Board of Governors of the EBRD named Thomas Mirow, the former State Secretary at the German Finance Ministry, as the Bank's fifth President.

Press release
President's profile
Key dates

Sustainability is at the core of all EBRD activities. The newly launched Sustainability Report 2007 demonstrates how the Bank invests and works sustainably across the transition region, and includes a special focus on water and waste water.

Full publication

A new study by the Evaluation Department examines the EBRD's financial sector operations policies and financial sector performance. It provides a critical review of the EBRD's activities in this sector, including bank lending, equity funds and TC operations.

Special studies