Evaluation of the Legal Transition Programme

The Legal Transition Programme (LTP) is the EBRD’s flagship provider of legal and regulatory advisory work and technical assistance, combining it with investment activities to support legal reforms needed to strengthen investment climates and build markets. LTP activities are intended to provide and to demonstrate the critical links between the Bank’s discrete investments and the wider systemic reforms and transition that it was created to help drive. LTP work touches every EBRD Country of Operation and virtually the full range of the Bank’s lending and non-lending operations.

The Evaluation Department (EvD) was asked by the Board of Directors to evaluate the activities and performance of the LTP between 2011 and 2018, and to assess Management’s implementation of recommendations made by EvD in its previous evaluation of the Programme (2012).  This paper provides an overview of LTP operations over the period, identifies key findings and conclusions, and makes recommendations for consideration by Management and the Executive Board.