The United States of America is a founding member of the EBRD and an important contributor to the Bank's work.
Since 1991, the country has contributed €1 billion to the EBRD’s technical cooperation and investment programmes.
USA and the EBRD: at a glance
Almost €1 billion now provided by the USA to EBRD
10% capital share
€23.8bn USA-EBRD investments
The United States – through the US Department of State, the US Department of the Treasury and the US Agency for International Development – is one of the major technical cooperation and investment contributors to the work of the EBRD.
Most recently, financial support from the US has been channelled through the EBRD’s Small Business Impact Fund for SME development programmes in Central Asia, the Caucasus and Ukraine. Other key areas of support are the expansion of the financial sector, energy security and tackling climate change in the EBRD’s countries of operations.
The United States is a strong supporter of reform and environmental projects in Ukraine, contributing to EBRD-Ukraine Stabilisation and Sustainable Growth Multi-Donor Account and the Eastern Europe Energy Efficiency and the Environment Partnership (E5P) Fund. In 2019 EBRD and USAID Bosnia signed a cooperation agreement to support the construction of a gas pipeline in the country.
The United States is one of the main sources of foreign direct investment in the EBRD’s countries of operations.
The value of joint USA - EBRD investment stood at €23.8 billion as of end of October 2022. EBRD finance accounted for €10.7 billion, and USA investment accounted for €13.1 billion.
The joint investment has been important across the EBRD’s region in various countries such as Poland, Azerbaijan, Turkey, Romania and Bulgaria. Broken down by industry, the joint investment has been in the following sectors: industry, commerce and agribusiness, sustainable infrastructure and financial institutions.
American (36) banks are also involved in the Trade Facilitation Programme through which the EBRD guarantees the payment of trade finance instruments issued by banks in the EBRD’s countries of operations to foreign confirming banks. Over 800 foreign confirming banks and bank branches participate in the Programme, 31 of which are American.
From 2015 to December 2021, entities from the USA won 80 contracts worth €328.9 million.
In May 2022 the EBRD signed a memorandum of understanding with the United States International Trade Administration (ITA) to advance the ITA’s mission to enhance the global competitiveness of US industry.