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A rough road (or smooth highway?) to green and efficient transport? Evaluation of EBRD’s support to sustainability and private sector participation in transport

June, 2024

This evaluation assesses EBRD’s performance in the transport sector during the six years of 2017–22 (“evaluation period”), which cover the first four years of the Bank’s current transport strategy (BDS19-172 “the strategy”), and the last two years of the previous transport strategy (BDS13-205). It focuses on two themes: (i) support for sustainable (green) transport, and (ii) the promotion of private sector participation in the provision of transport services. These themes cover three of the four strategic directions of the Bank operations as defined in the current strategy. The report aims to provide useful findings for the formulation of the Bank’s new transport strategy.

This evaluation was based on the review of projects and strategic documents, an analysis of the Bank’s transport sector’s signing portfolio (including comparisons of the structure of the evaluation period with the six years of 2011-16 (the previous period), and in-depth evaluation of 19 sample transport projects and 4 policy engagements (“sample projects” and “sample policy dialogue projects”) in 8 countries, including interviews with over 60 clients and stakeholders and project site visits.