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The core objective of the Bank's MEI operations is to promote greater efficiency and higher quality in the provision of local authority services through investment and the promotion of independent, well-managed and financially sustainable operations provided on commercial principles and in a market-oriented institutional and regulatory framework.
The EBRD's approach is strongly supportive of transition towards decentralisation of service responsibilities to local or regional levels; commercialisation of the operating companies providing local services; and environmental improvement as a consequence of investments that conserve environmental resources and reduce pollution.
Last updated 26 April 2010

This document provides an overview of the EBRD's work in this sector.
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