Austria is a founding member of the EBRD and an important contributor to the EBRD's work.
Since 1992 Austria has made available more than €120 million in donor funds helping to improve people’s lives and environments through funding for a wide range of projects and programmes supporting strategic initiatives.
Austria and the EBRD: at a glance
€120mn donor funds supporting EBRD operations
2.28% capital share
Particular attention has been given to municipal and environmental infrastructure and energy efficiency projects. Austria strongly supports the strategic initiatives of the Bank such as the Green Economy Transition approach and was the first donor to establish a dedicated Fund.
Geographically, the Western Balkans, Central Asia and Eastern Europe and Caucasusare priority regions. Austria plays a key role in the activities under the Western Balkans Investment Framework and supports the Municipal Infrastructure Development Fund, which provides loans for projects in small and medium-sized municipalities and utility companies in the region.
Austria is also an important source of foreign direct investment in the countries where the Bank invests. The value of joint Austria-EBRD investment stood at €22.82 billion as of end December 2018. EBRD finance accounted for €13.28 billion, and Austrian investment accounted for €9.53 billion.
The joint investment has been in Romania, Poland and Ukraine. Broken down by industry, the joint investment has been in the following sectors: industry, commerce and agribusiness, energy, financial institutions and infrastructure.
Austrian 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 countries where we invest to foreign confirming banks. Through the Programme, the EBRD has supported 551 export and import transactions of Austrian companies totalling €290.8 million. Of the 800 foreign confirming banks and bank branches participating in the Programme, 20 are Austrian.
In 2018, Austrian consultants were awarded 53 contracts with a total value of over €7 million.