Proper EBRD policies can avoid further disgrace in Ukraine and elsewhere
Ukraine has been under a full-scale armed attack by Russian military forces since February 2022. In the face of these dire circumstances, it is no secret that people need food, and all hands must be on deck when they face man-made and natural disasters. In this context, it would be easy to justify that millions of Euros and U.S. dollars are poured into a factory farming project with the potential to feed large swaths of the population. Or would it? This is certainly the line of argument that is being used by development banks such as the European Bank for Reconstruction and Development (EBRD),...