When the European Bank for Reconstruction and Development invested around $70 million in a project to modernize cotton production in Uzbekistan, it hailed the “economic opportunities for the local population” and new “training programmes for women.”
Three years on, in August 2023, the project triggered an official complaint to the bank alleging illegal land confiscations, exploitative contracts, mass firings, and union-busting. The Uzbek Forum for Human Rights protested at the “immense harm” inflicted on farmers and their families.
Meanwhile, in Bosnia and Herzegovina, a second complaint alleges “serious damage” to natural resources, including forest cutting and pollution of drinking water sources, from a silver mine project in which the EBRD bought a 2.6% stake — promising “the highest environmental and social standards.”