In the 30 years since its establishment, the European Bank for Reconstruction and Development has evolved from an institution focused on supporting the transition to open market economies in the Eastern bloc to one that aims to tackle sustainability challenges across the 38 countries and regions where it currently works.
The bank committed a total of €11 billion in 2020, including €8.2 billion outside of EU countries, according to figures shared with Devex. But looking at EBRD’s broader project pipeline in 2020 — including projects that were under implementation, had been approved and signed by the board, or were in preparation stages — Devex identified 269 projects in non-EU countries published on its website, worth a total of €14.8 billion.
In this article, we look at those projects to uncover the bank’s geographic and sectoral priorities outside the EU. Although most of these projects are co-financed by other institutions, this analysis focuses only on EBRD’s contributions, rather than the overall project cost.