The United Kingdom is a founding member of the EBRD and a generous contributor to the Bank's work.
Since the establishment of the Bank in 1991, the United Kingdom, through the Department for International Development (DFID), has contributed over €81.3 million of UK aid in technical assistance funds.
United Kindgom and the EBRD: at a glance
€81.3mn donor funds supporting EBRD operations
8.52% capital share
€24.4bn United Kingdom-EBRD investments
The UK remains closely engaged in the Bank’s activities and is particularly involved in climate change issues at the multilateral and bilateral levels in the SEMED region and in Central Asia. The UK was among the very first donors to contribute to the EBRD - Ukraine Stabilisation and Sustainable Growth Multi-Donor Account. This enables the Bank to support Ukraine’s reform agenda and to combat corruption.
It has provided valuable backing to our work in the early transition countries, including the Kyrgyz Republic and Tajikistan, and supported climate change mitigation and adaptation activities through the Sustainable Energy Initiative. In 2015, the UK government and the Bank signed an agreement of cooperation on the Bank’s Investment Climate and Governance Initiative. Resources of up to £2.6 million will provide important support to improve the investment climate and governance in Bosnia and Herzegovina, Georgia, Moldova, Serbia and Ukraine.
The United Kingdom is one of the main sources of foreign direct investment in the EBRD’s countries of operations. The value of joint United Kingdom-EBRD investment stood at €24.4 billion as of January 2016. EBRD finance accounted for €10.5 billion of this total and British investment accounted for €101 billion.
UK-EBRD investment has been strong in Turkey with 59 per cent of joint investments, followed by Hungary with 21 per cent and Poland with 20 per cent. Broken down by sector, 36 per cent of joint United Kingdom-EBRD investment has been in industry, commerce and agribusiness; 29 per cent in energy; 19 per cent in infrastructure; 16 per cent in financial institutions.