2016: Special Study EBRD's Sustainable Energy Financing Facilities (SEFFs)
This study is an evaluation of the design, implementation and impacts of the EBRD’s Sustainable Energy Financing Facilities (SEFFs) from 2004 to 2013. The €2.4 billion SEFF portfolio includes 27 facilities across 20 countries of operations, working with 90 local financial intermediaries. The facilities are packages of credit lines and grant financed technical assistance to participating financial intermediaries and sub borrowers to support energy efficiency and small scale renewable energy investments. The facilities often include incentive payments to ultimate beneficiaries – small and medium sized enterprises and households. This study examines the extent to which SEFFs have met objectives and contributed to transition impact, and suggests ways to enhance performance going forward.
2012: Synthesis paper- Financial sector operations - a synthesis of insights and findings
This report draws out patterns of themes, insights and pragmatic responses from EvD financial sector evaluations of recent years, as well as from other relevant sources. The material is organised into four subject areas that seem most closely to reflect recurring topical issues of relevance to the Bank’s interventions in the financial sector going forward – governance, due diligence, monitoring and evaluation, and SME sector and micro-finance issues. The report also highlights a number of issues pertinent to the SME and micro-finance sector, drawing on recent papers from the IFC, World Bank and IMF. It concludes by identifying two key areas through which increased focus by the Bank could improve operational effectiveness going forward.
2011: Leasing activities
This study assesses the relevance, efficacy, efficiency and impact of the EBRD’s leasing activities from inception through the end of 2008 in the EU and ETC countries. The data was gathered in 2009, during the downturn caused by the global financial crisis that impinged sharply on the leasing industry. The Bank’s 1999 FSOP did not lay out a clear set of policy objectives for the EBRD’s leasing sector activities, so the study used key EBRD policy documents and Board approvals of leasing projects to define the EBRD’s de facto core policy objectives. From them it can be gathered that the EBRD’s primary policy objective for leasing sector projects was to improve access to finance for SMEs.
2007: Financial sector operations policy
This study examines the EBRD's financial sector operations policies and financial sector performance. Assessing a wealth of material, this provides a thorough and critical review of the EBRD's activities in the financial sector, including bank lending, equity funds and TC operations. The study concludes with policy recommendations to enhance the effectiveness of future EBRD interventions in the financial sector.
2006: Achieving the Bank's Environmental Mandate Through Financial Intermediaries
The report looks at the effectiveness of the financial intermediaries in implementing the Bank's policies and procedures and how the sub-projects have improved environmental quality in line with the Bank's requirements.