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
€7.5bn Belgium-EBRD investments
Belgium is an important source of foreign direct investment in the EBRD’s countries of operations.
The value of joint Belgium-EBRD investments stood at €7.5 billion as of end February 2020. EBRD finance accounted for €4.3 billion of this total and Belgian investment accounted for €3.1 billion.
The joint investment has been strong in regional projects, followed by Poland, Hungary, Turkey and Romania. Broken down by industry, the joint investment has been in the following sectors: sustainable infrastructure, industry, commerce & agribusiness, and 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. Through the Programme, the EBRD has guaranteed export and import transactions of Belgian companies. Of the 800 foreign confirming banks and bank branches in the Programme, eight are Belgian.
Belgium is also a contributor to the Northern Dimension Environmental Partnership (NDEP) Nuclear Window.
In 2019, Belgian consultants were awarded 1 consultancy contracts with a total value of over €47 million.