On Nov. 5, EBRD stated 2024 access to information policy approved.
EBRD approved updated 2024 Access to Information Policy, with updated framework to become effective in Jan. 2025, enhancing accessibility and transparency of information.
Policy Overview
The Board of Directors of the EBRD has approved changes to its Access to Information Policy, which improves and reinforces EBRD's accountability to all of its stakeholders.
Approval followed 18-month review process that included extensive public consultation.
These updated rules align with current international best practice on transparency and information sharing, while also strengthening the EBRD’s commitments to openness.
Key changes include adoption of new principles for proactive disclosure and a narrowly defined set of exceptions, guided by clearer criteria based on potential harm caused.
The 2024 framework enhances transparency in relation to the Bank’s decision-making process and information sharing, while balancing ERBD’s unique mandate with clients.
The EBRD's Policy sets out the Bank’s commitment to transparency and disclosure, and sets procedures for implementing commitments in Directive on Access to Information.
One of the key guiding principles of the new framework is to recognize right to request information and to appeal a decision by EBRD to refuse access to certain information.
In addition, EBRD commits to reporting annually to Board of Directors on the policy’s implementation, which are all made available to the public, ensuring accountability.
Effectiveness
The new Policy and Directive become effective Jan. 1, 2025 replacing the 2019 Access to Information Policy and Directive which will now remain in force until Dec. 31st 2024.