The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. It was established to foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiatives in Central and Eastern Europe, as well as in Central Asia. The EBRD invests in projects that could be difficult to finance through private channels, providing loans, equity investments, and guarantees.

The EBRD is committed to promoting environmentally sound and sustainable development. It integrates environmental and social considerations into its investment decisions and has a dedicated Environmental and Social Policy. The bank actively supports projects that aim to improve energy efficiency, reduce carbon emissions, and promote renewable energy sources. The EBRD has set ambitious targets to increase its green financing and has been recognized for its efforts in promoting sustainable development in its regions of operation.

In recent years, the EBRD has increased its focus on climate finance, aiming to align its operations with the goals of the Paris Agreement. The bank has committed to becoming a majority green bank by 2025, with over 50% of its annual investments dedicated to green projects. It also supports the development of green financial products and works with clients to improve their environmental performance.

The EBRD's sustainability efforts are supported by its Green Economy Transition approach, which aims to help countries build low-carbon and resilient economies. The bank collaborates with various stakeholders, including governments, businesses, and civil society, to promote sustainable practices and policies. The EBRD's commitment to sustainability is reflected in its comprehensive ESG reporting and its adherence to international environmental standards.