EBRD has been implementing the Green Cities Programme (GrCP) since 2016 to promote urban solutions that reduce negative environmental changes and to scale up Green Economy Transition investments. Under the GrCP, municipal stakeholders are supported in the preparation of the Green City Action Plan, bringing together policy, regulatory, and investment priorities, which later on inform investment decisions of the EBRD and other financiers. EBRD has concentrated investments in the GrCP under the Green Cities Frameworks, which were approved by the Board in 2016 and 2018, and then extended in 2020 and 2021.
This report presents the results of the interim evaluation of the first five years of GrCP implementation (2016-2021), analyzing the extent to which the programme has been able to function as a catalyst for municipal solutions to mitigate or adapt to climate change