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Overview: about the EBRDWho we are
Overview: about the EBRD
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Explore the EBRD’s journey over the decades, investing in businesses, supporting economies and driving lasting change across its regions.
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Overview: how the EBRD operatesWhat we do
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Across three continents, the EBRD supports the transition to successful market economies.
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Light
Eng
Eng
Sustainable Infrastructure Operations in Advanced Transition Countries
March 2022
Background
The evaluation focuses on the period 2011–2019 and reviews 27 operations in three sector-country case studies: i) MEI operations in Croatia; ii) Transport operations in Hungary, and iii) Energy operations in Poland. It focuses on the relevance, results and transition impact of the operations. The three cluster reviews are available as case studies.
Main findings
Sustainable infrastructure projects were relevant to sector needs and their links to the wider sector context were usually well articulated. Whilst operations were broadly in line with governments objectives, they were not always coherent with actual government policy.
EBRD was able to demonstrate non-financial additionality, through the provision of technical cooperation and policy dialogue.
The introduction of the Transition Quality ‘Green’ represents an opportunity for renewed transition relevance in the sustainable infrastructure in ATCs. However, it is critical that there is a robust monitoring system to establish the credibility of results reporting. The current system of using ex-ante GET data to report on ex-post results is not adequate.
Current results reporting also does not capture sector level transition progress. This undermines the Bank’s ability to understand its contribution to reducing transition gaps.