The EBRD is committed to making a positive environmental impact through investing in green energy, reducing carbon emission in cities, and helping countries transition to the green economy


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EBRD employees are invested in helping forge a green world

EBRD employees are invested in helping forge a green world

Do you want to make a difference in your career? The EBRD is invested in changing lives - and part of that commitment is helping the world go green.  Find out how the EBRD, with the help of its impressive employees, is making a positive environmental impact around the world.

Transitioning to the green economy

The EBRD is successfully helping countries in the regions in which it operates transition to the green economy. 

But what does that mean?

It means that the EBRD invests in major infrastructure projects like the biggest solar part on the African continent at Benban in Egypt (pictured above) and the first wind farm ever in Mongolia. It also means that 21 cities that have signed up to the EBRD’s pioneering urban sustainability programme, EBRD Green Cities.

The EBRD also has a strategy called The Green Economy Transition (GET) approach. This approach supports countries where the EBRD works to build low carbon and resilient economies. 

The EBRD has also signed €30 billion in green investments, financed over 1,600 green projects and reduced over 100 million tonnes of carbon emissions each year. The EBRD originally focused on energy efficiency in countries whose carbon intensity is almost five times higher than the EU average. Now, the EBRD has widened it scope to more ambitious renewables projects and the EBRD is expanding into cities, which are the source of most emissions.

Focusing on environmental sustainability

But there's more.

The EBRD is also providing bespoke financial products as well as policy dialogue to create and shape the strong institutions needed for successful long-term growth.

The EBRD is aligning its GET activities with both the 2015 Paris Agreement on climate change and the 2030 Sustainable Development Goals, with a focus on environmental sustainability and economic inclusion, where the EBRD is a pioneer in its regions.

The EBRD also understands that only economies that benefit their people are successful economies. Therefore, the EBRD strives to make a vital contribution to their success, and here’s how:

  • The EBRD's innovative Green Economy Financing Facility (GEFF) programmes have delivered €4 billion worth of climate finance for investment in more than 165,000 green technology upgrades, avoiding a total of more than 8 million tonnes of CO2 emissions a year. 
  • In Armenia, a GEFF programme supported by the Green Climate Fund gave investments in green technologies, from building insulation to solar power. 
  • In Kazakhstan, the EBRD helped finance the the first large-scale solar plant at Burnoye.
  • With the EBRD's support, Serbia also established two landmark windfarm projects that provides energy to around 180,000 households, while reducing CO2 emissions by more than 600,000 tonnes per year.

Helping global cities go green

The EBRD is also focussing its green work on cities. For the EBRD, these represent one of the greatest opportunities to address climate change, air pollution and environmental degradation. EBRD understand that cities are the major sources of CO2 emissions, and clean urban infrastructure projects will reduce carbon emissions and creates clean air for years to come. The nearly €1 billion EBRD Green Cities framework offers cities investment and knowledge to help them grow in a sustainable way.

Here are some of the cities that are being positively impact by EBRD's good work:

  • The EBRD financed two biomass boilers in the Banja Luka district that swapped oil to less polluting woodchip as fuel.
  • Amman, the capital of Jordan, became the first city in the southern and eastern Mediterranean to be involved in a Green City Action Plan.
  • The EBRD supported the acquisition of 143 new compressed-natural-gas buses in Tbilisi, the captial of Georgia. This reduced the vehicle emissions that cause 85 per cent of air pollution.

Of course, the EBRD can't successfully implement all these fantastic initiatives without its innovative employees. And the company is always looking for new people to help with its ongoing commitment to creating a greener world!

Join a company invested in making a difference

The EBRD is as diverse as its countries and as committed as its people: join the EBRD and help the company do more to achieve more in terms of better growth, better jobs, and more prosperity.

Search and apply for some exciting job opportunities today.

 

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