EBRD blog European Bank for Reconstruction and Development

Tag: sustainability

Local content requirements for renewable energy: an unnecessary evil

Windfarm in Bratislava at sunsetSome EBRD countries of operation have recently introduced local content requirements (LCR) into their renewable energy support systems. In Ukraine, an increasing share of a renewable projects cost has to be sourced domestically to be eligible for feed-in tariffs (FIT). Turkey offers a FIT premium in proportion to the local content in the renewable generation assets, although the law is not implemented due to the lack of secondary regulations and pressure from investors.… Read more

Gas flaring: Let’s light up homes rather than the sky

World Bank’s Vice President Rachel Kyte writes from the EBRD-hosted forum on gas flaring reduction

Ten years ago, the World Bank and the government of Norway launched an ambitious project to drastically reduce greenhouse gas emissions from a source few people thought much about.Read more