EU-EBRD Country-specific Investment Climate Reviews and Action Plans for Eastern Partnership (EaP) Countries



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24 Oct 2018

Project Description

The "EU-EBRD Country-specific Investment Climate Reviews and Action Plans for Eastern Partnership (EaP) Countries" is a EUR 2m regional project aimed at supporting transition and the development of sustainable and equitable economic growth models in the Eastern Partnership (EaP) countries. The project has been commissioned from EBRD by the European Commission (EC) and will be the first EBRD initiative to be financed under the EC's new Structural Reform Facility.

The objective of the project is to support the design and implementation of structural reforms across the EaP countries in the areas of business and investment climate as well as financial infrastructure; human capital - including labour market & social protection; economic governance and sustainability of public finances and reinforcing the rule of law and good governance. The main beneficiaries of the project will be the ministries of economy in the 6 EaP countries. Other key stakeholders include finance ministries of finance; key line ministries; central banks; business associations; development partners (eg World Bank, bilateral donors); and private sector representatives.

The project is structured into 3 assignments over 3 years (April 2018 - March 2021):

i) Assignment 1 will result in the development of Investment Climate Action Plans (ICAPs) for each of the 6 EaP countries, based on a diagnostic by EBRD of the Investment Climate in each country with an explicit gender focus applied and consultations with country authorities and key private sector stakeholders. It is expected that these plans will: set out the key constraints and priority reform areas identified for each country and propose potential areas for technical assistance to try to address them, taking into account a gender perspective;  help inform and guide EU programming and technical assistance activities, both for potential EU bilateral support and through external implementing agencies (including other IFIs); enhance cooperation across IFIs in investment climate reform efforts across the region, including through consultation on the development of the ICAPs; enable more coordinated policy dialogue with the beneficiaries and international community.

ii) Assignment 2 will focus on follow up consultations by EBRD with EC Delegations in the 6 EaP countries to prioritise technical assistance initiatives for implementation in Assignment 3, based on outcomes from the ICAPs developed in the first assignment.

iii) Assignment 3 will focus on rolling out technical assistance initiatives selected for implementation by the EC and in consultation with country authorities during Assignment 2.

The specific objectives of the project are to: improve the macro-economic framework and better define public policies to strengthen the investment climate in each of the 6 EaP countries; improve governmental design and implementation of structural reforms to support women & men entrepreneurs in establishing and running their businesses. Expected results from the project include: an improved business and investment climate for both women and men entrepreneurs across the EaP region; improved policy evidence for governments to prioritise and design structural reforms across the EaP region; strengthened capacities of partner governments, and the EU, to design and implement structural reforms across the EaP region.

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Access to Information Policy (AIP)

The AIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.

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