With the crisis in Ukraine in 2016, commercial banks provided very limited support to the private sector. This gave the European Bank for Reconstruction and Development (the “EBRD” or the “Bank”) an even stronger mandate to step in and support key agribusinesses. The EBRD’s projects include working with companies that have a high impact on the local economy – (1) by locally sourcing their products, strengthen backward linkages with suppliers along the value chain and promote market expansion (e.g. dairy sector); (2) provide employment opportunities (e.g. large agribusiness processors, farming and retailers) and (3) reduce the environmental footprint of their resource use (land, water, energy) and emissions.
It has been estimated that the EBRD's clients in the Ukraine's agribusiness sector account for around EUR 12 billion of gross production, employ around 200,000 people, generate almost half of Ukraine's agri-food exports, and are a source of hard currency in times when the country needs it most. The Japan-EBRD Cooperation Fund agreed to support on-going and future EBRD agribusiness operations in Ukraine, and help pave the way for new investments in the country by funding environmental and legal due diligence, visibility actions, and a Programme Manager to coordinate activities.
No investment type available at the time of the snapshot
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org 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: email@example.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