The European Bank for Reconstruction and Development (EBRD) was established in 1991 with a mandate to assist countries in central and eastern Europe in their transition towards sustainable market oriented economies, and to promote private and entrepreneurial initiative. It has expanded in recent years to support transition in more in 38 countries, which now includes Mongolia, Turkey and five countries from the southern and eastern Mediterranean region (Egypt, Jordan, Lebanon, Morocco and Tunisia). The EBRD is a AAA rated international financial institution owned by 66 countries and two international institutions (the EU and the EIB), it has a capital base of �30 billion and has invested over �115 billion in more than 5000 debt and equity projects to date (more than �9 billion annually in each of the last 3 years and �9.7 billion in 2017). In 2017, 43% of the Bank�s investment volume supported its Green Economy Transition initiative, making the EBRD a leader in climate finance amongst the MDBs. Over 30% of the Bank�s 2518 staff work from 43 local offices across its region.
The EBRD invests in bankable projects and engages in policy reform dialogue with its recipient countries to support their transition to sustainable well-functioning markets along six �qualities� that make up its revised transition concept: Green, Inclusive, Well-Governed, Integrated, Resilient and Competitive.
The Bank offers co-investment opportunities for investors seeking exposure to emerging market assets that offer tangible impact, commercial returns, modest volatility and rigorous attention to environmental, social and governance safeguards. The Bank engages with impact investors notably via its Treasury operations (EBRD�s Green Bonds and Social Bonds), Equity investments (both direct and through Funds) and Loan Syndications activities. It also welcomes partnership with philanthropic entities and further exploration of addressing market �gaps� surrounding investable opportunities, structuring, monitoring, measuring and reporting on results.