donors

Donors

Donor funding helps to overcome the barriers to sustainable energy investments – which range from lack of awareness and technical knowledge amongst management of private companies to weakness in regulatory frameworks.

Donor funding has also been crucial to develop new financing instruments and address market distortions affecting sustainable energy development.

Five multi-donor funds and 22 bilateral donors have contributed to the SEI providing €218 million in technical assistance and grant co-financing. From 2006 to 2008, 206 technical assistance assignments worth €55 million were implemented within the SEI. Each euro of TC funds generate on average €48 of EBRD investments. SEI TC activity has been distributed across the region with: 

• 21 per cent in the Early Transition Countries (Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Mongolia, Tajikistan) and Western Balkans (Albania, Bosnia and Herzegovina, Serbia, Montenegro and FYR Macedonia);
• 30 per cent in Kazakhstan and Ukraine;
• 23 per cent in the EU-10 (Bulgaria, Poland, Romania, Slovakia);
• 13 per cent in Russia; and
• 13 per cent regional.

The EBRD’s partnership with donors, including the EU and G7 countries, have given substance and momentum to the political support already shown by these institutions and countries in their capacities as shareholders of the EBRD. At the same time, donor-driven mechanisms such as the EBRD Sustainable Energy Forum and the Clean Energy Investment Framework have contributed to exchanges of information and expertise of mutual benefit to EBRD and other participants.

 The EU has been the major donor to the SEI, providing a total of €72 million either directly or through its EBRD managed nuclear decommissioning funds. The EU direct grant support amounts to around €47 million from the European Commission’s 2006 Phare Regional Facility, the EC Tacis Programme, and the EU IPA instrument. Indirect contributions account for €15 million by the Bohunice International Decommissioning and Support Fund (BIDSF) and €10.1 million by the Kozloduy International Decommissioning Support Fund (KIDSF) to support, respectively, the Slovakian and Bulgarian EBRD sustainable energy financing facilities. EU support has been crucial to the effective scaling up of energy efficiency credit lines, where project preparation needs and incentive fees require mobilisation of substantial grant amounts.

Full list of donors

European Union Austria Canada Czech Republic Denmark Finland France Germany Greece Italy Japan Luxembourg Netherlands Norway Spain Sweden Switzerland Taipei China United Kingdom United States

Global Environment Facility BP Early Transition Countries (ETC) Fund EBRD Shareholder Special Fund Mongolia Cooperation Fund Northern Dimension Environmental Partnership (NDEP) Support Fund Western Balkans Fund