Sustainable Energy Initiative (SEI)

The EBRD addresses the challenges of climate change and energy efficiency by integrating these issues into all of our operations as a core strategic component and competence of the Bank.

We are at the forefront in helping countries from central Europe to central Asia secure sustainable energy supplies, and finance the efficient use of energy that will cut demand and imports, reduce pollution and mitigate the effects of climate change.

The focal point for these operations is the Sustainable Energy Initiative (SEI), launched in May 2006 to address the twin challenges of energy efficiency and climate change in the region – which is one of the most energy intensive in the world. The SEI is assisted by strong funding support from donor governments and the EBRD Shareholder Special Fund.

Since 2006, we have invested €9 billion under the SEI through 464 projects in 29 countries with a total project value of €46 billion.

The total reduction in carbon emissions achieved by these projects is estimated at 46 million tonnes per year.

Phase 1 of the SEI ended in 2008. Phase 2 of the SEI is ending at the end of 2011 and has so far represented a significant expansion in resource commitment, activities and outcomes.

Activities in Phase 2 of SEI include projects in industrial, power and municipal infrastructure energy efficiency as well as the renewable energy sector and carbon market development. Areas of new activity also include buildings energy efficiency and climate change adaptation. 

Last updated 15 May 2012