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 €124 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
€124mn donor funds supporting EBRD operations
2.28% capital share
Austria is fully committed to the strategic initiatives of the Bank. In recent years, Austria has been focussed on creating programmatic funds in the areas of Green Economy Transition through Green City Action Plans (GCAPs), brownfield urban redevelopment plans and Green Economy Financing Facilities (GEFFs).
Geographically, the Western Balkans and Eastern Europe are priority regions. Austria plays a key role in the activities under the Western Balkans Investment Framework.
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 €24.38 billion as of end February 2020. EBRD finance accounted for €14.30 billion, and Austrian investment accounted for €10.07 billion.
The joint investment has been in Romania, Ukraine and Poland,. Broken down by industry, the joint investment has been in the following sectors: industry, commerce and agribusiness, sustainable infrastructure and financial institutions.
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 2019, Austrian consultants were awarded 26 worth 9 contracts with a total value of over €179 million.