Taipei China helps to improve people’s lives and environments in the countries where the EBRD works through generous funding for a wide range of projects.
Taipei China and the EBRD: at a glance
Over €250mn donor funds for technical cooperation projects and co-financing in support of EBRD projects
€1.45bn Taipei China – EBRD investments
Taipei China has provided vital support to the EBRD since 1991, providing over €250 million in donor funds for technical cooperation projects and investment co-financing.
The TaiwanBusiness – EBRD Technical Cooperation Fund is supporting the Bank’s technical cooperation projects in sustainable resource management, the knowledge economy, lower carbon technologies and SME development (including Advice for Small Business and Women in Business programmes). Taipei China is also providing financing through various multi-donor funds such as the Sustainable Infrastructure Fund (SIF), the SEMED Multi-Donor Account, the Eastern Europe Energy Efficiency and Environment Partnership (E5P) Fund, and the Small Business Impact Fund.
Taipei China also provides contributions via its aid agency, TaiwanICDF, to EBRD’s concessional financing instruments to support lending institutions for on-lending to MSMEs and to co-finance loans in the agribusiness sector. TaiwanICDF is strongly committed to green energy, and has been collaborating with the EBRD to help countries adopt a greater use of renewable energy and produce fewer emissions by providing concessional financing through the High-Impact Partnership for Climate Action (HIPCA).
Taipei China is an important source of foreign direct investment in countries where the EBRD works. The value of joint Taipei China-EBRD investment stood at €1.45 billion as of February 2023. EBRD finance accounted for €1.17 billion, and Taipei China investment accounted for €276.9 million.
The joint investment has been in Kazakhstan, followed by regional projects, Romania, and Türkiye. Broken down by industry, joint Taipei-China EBRD investment has been in the following sectors: financial institutions, industry, commerce and agribusiness, and sustainable infrastructure.
The EBRD works closely with banks from Taipei China involved in the Trade Facilitation Programme, through which the EBRD guarantees the payment of trade finance instruments (such as letters of credit or payment guarantees) that are issued by banks in countries where we work to foreign confirming banks. Since inception, the TFP has supported 111 export and import transactions for Taiwanese companies for a total € 32.94 million, for transactions which were initiated by banks in the EBRD countries of operation and confirmed by banks in both Taiwan and abroad. Twelve banks and branches in Taiwan have joined the programme as Confirming Banks (all figures as at December 2022).
From 2018 to 2022, entities from Taiwan won 93 consultancy contracts worth €2,413,068.00.
