Bilateral and multilateral donors contributed
Donor governments and partners play a vital role in the transition process. Their funding acts as a crucial catalyst for EBRD investments and helps to promote other Bank initiatives such as policy dialogue to implement reforms.
"We are very grateful for donors' enduring support to the EBRD, without which some of the Bank's investments would not be possible. Over a third of investment operations are now supported by donor-funded technical cooperation demonstrating to what extent grant funded supported has become a key element of the Bank's business model. Each euro of donor contributions to TC activities leverages
Bilateral donors provided some
The EBRD has relationships with over 40 donors, including some countries of operations such as
There were over 600 donor-funded technical cooperation (TC) projects in 2013 amounting to
EBRD donors are particularly active in those parts of the Bank's region facing the biggest obstacles such as the Early Transition Countries, the Western Balkans and the Southern and Eastern Mediterranean region (SEMED) and in the infrastructure, sustainable energy and small business sectors, says the Donor Report launched today.
Donors support a wide range of projects: from tackling climate change issues to supporting the growth of small enterprises; from helping to strengthen the financial sector to policy dialogue for sustainable reforms; from promoting equal working opportunities and social integration to modernising the infrastructure that sustains people's lives and the economy.
For example, in 2013, donors continued to support Sustainable Energy Financing Facilities (SEFFs). These local credit lines for investments in sustainable energy operate in 19 countries and are worth a total of
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