Early Warning System

Countries

Ukraine

Geographic location where the impacts of the investment may be experienced.

Specific Location

Reni, Izmail and other cities

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Government of Ukraine - Ministry of Infrastructure

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Agriculture and Forestry
Technical Cooperation
Transport

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Grant

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Aug 10, 2024

Disclosed by Bank Jul 23, 2024

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the objective of this project is to support the Ministry of Infrastructure with the implementation of the recommendations of the Bessarabia Action Plan (BAP), in particular those relating to Reni and Izmail.

Since the full-scale Russian war of aggression against of Ukraine in February 2022 Ukraine has suffered huge loss of life, damages to its natural resources, industrial assets, infrastructure, and major disruptions in its transport network, and import / export capabilities.

The complete occupation of the Azov Sea, and the blockade of the Black Sea ports resulted in impossibility to export Ukrainian commodities, including critical agriculture items. This undermined global food security and the viability of one of Ukraine's key export sectors and remains a key risk for the economic security of Ukraine and those countries dependent on its food exports.

In response, grain exporters began developing alternative transportation routes - with the utilisation of the Danube ports - in particular Reni and Izmail - providing a key alternative corridor alongside routes via Polish and other EU border crossing points. The Danube / Bessarabia corridor (the corridor) provides the main alternative for access to major deep-sea ports (such as Constanta), vital for onward shipping to key markets in the Middle East and further afield.

At request of the Ukraine Ministry of Infrastructure (MinInfra) in July 2022 the EBRD commissioned a study to identify bottlenecks and short-term measures (i.e. feasible for implementation within 6-12 months) to support the development of the Bessarabia transport corridor. The study focussed on grain logistics and identified around 15 priority measures from a long list of 50 across various stakeholders summarised into the Bessarabia Action Plan (BAP).

The BAP is now being implemented by MinInfra and its stakeholders, with further support from EBRD. MinInfra requires support with the implementation of the recommendations of the BAP, in particular those relating to Reni and Izmail, which fall under the responsibility of the Ukraine Sea Ports Authority (USPA) and the Ukraine Danube Shipping Company (UDSC).

The specific objectives of this assignment are:

1. Support BAP implementation – support the implementation of BAP recommendations, relating primarily to the practical and operational measures under the direct control of Reni and Izmail ports.
2. Prepare a port market study / demand assessment to inform the long-term development needs and opportunities of the ports covering all relevant goods / commodities, and including mapping of clients and origin / destination demand, profile and growth prospects.
3. Prepare a phased Masterplan for each of the ports to address the longer-term CAPEX needs / opportunities for the ports based on the findings and recommendation of the market study and consultation with port stakeholders.
4. Initiate pre-feasibility studies on phase 1 of Masterplan. Following the finalisation of the Master Plan, EBRD / MinInfra will consider the potential for a follow on project preparation phase, which would include the preparation of an investment programme / pre-feasibility study based on the first phase of the Masterplan. This would be undertaken as a follow-on project to this TOR.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

A Technical Cooperation project.

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html