The United Kingdom is a founding member of the EBRD and a generous contributor to the Bank's work.
Since the establishment of the Bank in 1991, the United Kingdom, through the Department for International Development (DFID), has contributed over €124 million of UK aid.
United Kindgom and the EBRD: at a glance
€124mn donor funds supporting EBRD operations
8.52% capital share
€22.5bn United Kingdom-EBRD investments
The UK remains closely engaged in the Bank’s activities and is particularly involved in climate change issues at the multilateral and bilateral levels in the SEMED region and in Central Asia. The UK was among the very first donors to contribute to the EBRD - Ukraine Stabilisation and Sustainable Growth Multi-Donor Account, demonstrating its support for that country’s anti-corruption reform agenda and replenished funds in 2016
It has provided valuable backing to our work in the early transition countries, including the Kyrgyz Republic and Tajikistan, and supported climate change mitigation and adaptation activities through the Sustainable Energy Initiative. DFID is also supporting the EBRD agenda in the SEMED region by contributing grant resources to the SEMED Multi-Donor Account and the EBRD refugee response in Jordan.
The United Kingdom is one of the main sources of foreign direct investment in the EBRD’s countries of operations. The value of joint United Kingdom-EBRD investment stood at €23.6 billion as of end of December 2018. EBRD finance accounted for €13.7 billion, and British investment accounted for €9.9 billion.
The joint investment has been strong in Turkey, Hungary and Azerbaijann. Broken down by industry, joint investment has been in industry, commerce and agribusiness, infrastructure, energy and financial institutions.
British 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 of operations to foreign confirming banks. Through the Programme, the EBRD has supported export and import transactions with UK companies. Over 800 foreign confirming banks and bank branches participate in the TFP, 54 of which are British.
In 2018, consultants from the UK won 313 consultancy contracts totalling over €25 million.