Belgium is a founding member of the EBRD and an important contributor to the EBRD's work.
Since 1994, the governments of Belgium, Flanders and Wallonia have contributed about €24 million through technical cooperation (TC) funds, mainly for projects in manufacturing and transport and the EBRD’s Multilateral Carbon Credit Fund, an EBRD-EIB instrument dedicated to countries from central Europe to Central Asia.
Belgium and the EBRD: at a glance
€24mn donor funds supporting EBRD operations
2.28% capital share
€8.50bn Belgium-EBRD investments
Belgium is an important source of foreign direct investment in the EBRD’s countries of operations.
The value of joint investments stood at €8.50 billion as of end February 2023. EBRD finance accounted for €4.94 billion of this total and Belgian investment accounted for €3.56 billion.
The joint investment has been strong in Türkiye, Romania, Hungary, Poland and regionally. Broken down by industry, the joint investment has been the strongest in the following sectors: Sustainable Infrastructure; Industry, Commerce & Agribusiness and in Financial Institutions.
Belgian banks are also involved in the Trade Facilitation Programme (TFP), through which the EBRD guarantees the payment of trade finance instruments issued by banks in countries where we invest to foreign confirming banks. Since inception, the TFP has supported 548 export and import transactions for Belgian companies for a total € 345.77 million, for transactions which were initiated by banks in the EBRD countries of operation and confirmed by banks in both Belgium and abroad. Eight Belgian banks and branches of banks have joined the programme as Confirming Banks (all figures as of December 2022).
Belgium is also a contributor to the Northern Dimension Environmental Partnership (NDEP) Nuclear Window.
From 2018 to 2022, entities from Belgium won 117 procurement and consultancy contracts worth €24.9 million.