Donor support for the ETC initiative

Support from the donor community is a key element in EBRD’s strategy for the ETC countries. The Bank has received considerable grant support in recent years, and has approached donors to increase these amounts in the years ahead.

Through the Early Transition Countries Initiative (ETCI), the EBRD implements projects in the ETC countries.

Multi-donor ETC Fund

Launched in November 2004, the multi-donor ETC Fund is aimed at improving the predictability of EBRD’s assistance delivery in the ETC countries and at improving overall coordination of donor support. 

The ETC Fund operates alongside the support that is provided through bilateral funding channels. Major bilateral donors include Japan, Switzerland and the US. To date, amounts pledged to the Fund were approximately €49.3 million.

 

Donor contributions
The Netherlands	EUR 14.0 million
Japan	EUR 11.0 million
United Kingdom	EUR 8.0 million
Spain	EUR 5.0 million
Sweden	EUR 2.5 million
Norway	EUR 2.0 million
Finland	EUR 1.5 million
Ireland	EUR 1.5 million
Canada	EUR 1.2 million
Switzerland	EUR 1.0 million
Taipei China	EUR 1.0 million
Luxembourg	EUR 0.6 million
Total	EUR 49.3 million

Further information

• Donors' strategic review meeting November 2007: Assessing the Impact of EBRD Operations  (0.1Mb)
• Meeting of the November 2007 ETC Fund Assembly of Contributors: Impact Evaluation of Microfinance Operations  (0.4Mb)
• Donor support for technical cooperation in the ETCs (November 2007  (0.1Mb))