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==== Environmentally harmful projects ====
Some [[NGO]]s have criticized the EBRD for financing projects they consider to be environmentally and socially harmful. Although it has increased its investments into [[Energy conservation|energy efficiency]] and [[sustainable energy]] in recent years, these NGOs consider the bank continues to diminish the impacts of green investments by financing [[Emission intensity|carbon-intensive]] development such as coal, oil and gas production, transportation and generation, motorways, and airports.<ref name="bankwatch.org">{{Cite web |title=European Bank for Reconstruction and Development (EBRD) |url=https://bankwatch.org/ebrd |access-date=2022-03-29 |website=Bankwatch |language=en-US}}</ref><ref>{{Cite web |date=2006-08-25 |title=The European Bank for Reconstruction and Development: An Environmental Progress Report |url=http://www.ciel.org/Publications/summary1.html |access-date=2022-03-29 |website= |archive-url=https://web.archive.org/web/20060825144737/http://www.ciel.org/Publications/summary1.html |archive-date=25 August 2006 |url-status=dead}}</ref> Among the contested projects are the [[Ombla#Proposed power plant|Ombla power plant]] in [[Croatia]],<ref>{{Cite web |last=Gavas |first=Mikaela |date=2014-06-27 |title=Reviewing the evidence: how well does the European Development Fund perform? |url=https://odi.org/en/publications/reviewing-the-evidence-how-well-does-the-european-development-fund-perform/ |access-date=2022-03-29 |website=ODI: Think change |language=en-gb}}</ref><ref>{{Cite web |date=2013-07-10 |title=HEP and EBRD cancel loan agreement for Ombla power plant – Daily – tp… |url=http://daily.tportal.hr/264455/HEP-and-EBRD-cancel-loan-agreement-for-Ombla-power-plant.html |archive-url=https://archive.today/
==== The Balkans ====
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