The EBRD's partnership with donors and official co-financiers continues to be central to the Bank's transition work. As the Bank moves further south and east in its operations, the role and contribution of donor support becomes even more critical, with the greatest challenge in the poorest, most highly indebted countries.
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Donors and public sector institutions play a critical role in advancing transition in the EBRD region, preparing the way for Bank projects, fostering reform and improving the investment climate. The Donor Report 2008 (‘Real people and real change’) highlights the key donor-supported programmes and sectors, ranging from micro, small and medium-sized enterprise lending to the Sustainable Energy Initiative, the Legal Transition Programme, municipal and environmental infrastructure and transport.