Since the EBRD started working in the SEMED region, donors and shareholders have contributed more than €250 million in technical cooperation (TC) and non-TC instruments, such as risk sharing and capital grants, to support specific investments.
Over 200 individual TC and framework programmes totalling more than €115 million have been approved for funding.
The EBRD manages the SEMED MDA’s donor funds, contributed by Australia, Finland, France, Germany, Italy, the Netherlands, Norway, Sweden, Taipei China and the United Kingdom, and the resources of the Shareholder Special Fund and SEMED cooperation funds account, dedicated to donor activities in the region from the Bank’s net income.
Moreover, the EU Neighbourhood Investment Facility, the Global Environment Facility and the Climate Investment Funds are contributing to strengthen local economies in the region.
With unique financing and business advice, the EBRD together with the European Union helped a Moroccan juice producer, Citruma, expand its product range and reach new markets.