About donor programmes

What is the Technical Cooperation Funds Programme?

The Technical Cooperation Funds Programme (TCFP) provides funding to improve the preparation and implementation of the EBRD’s investment projects and to provide advisory services to private and public sector clients. It is funded by governments and international institutions and managed by the EBRD. Each year the Programme provides about €80 million to finance the activities of a wide range of consultants and other experts. As well as supporting the EBRD’s investment programme, the TCFP promotes institutional reform and the highest standards of corporate governance.

The programme enables the EBRD to:

• make thorough preparations for its investments undertake its investments more effectively
• pursue investment opportunities in higher-risk environments by reducing the credit risks
• increase the impact of EBRD projects on the transition process by supportin structural and institutional changes
• assist legal and regulatory reform, institution-building, company management and training.

TC partnership

Through the TCFP, the EBRD has built a solid partnership with donors and clients in the Bank’s countries of operations. By working together, each partner benefits in different ways.

• The EBRD is able to improve the impact of its investments.
• The client or beneficiary is able to improve its management skills or the country’s investment climate.
• Donors are able to have a direct influence on the region by assisting the EBRD’initiatives.

Main focus of TC activities

The EBRD’s technical assistance focuses on specific projects and clients. For example, the TCFP has funded:

• consultancy services for feasibility studies as part of project preparation
• procurement assistance during project implementation
• development of management skills under the Bank’s TurnAround Management Programme
• legal advice to improve legislation and corporate governance and to promote regulatory development.