This study evaluates projects in the Russian rail sector conducted between 1996 and 2013. The portfolio represents €1.8 billion in EBRD investments supported by €6 million in technical cooperation initiatives. The projects are examined for their relevance to the EBRD's mandate,…
The EBRD’s use of subsidies in projects has increased substantially over the past decade. Key drivers of growth include the financial crisis and the Bank’s expansion into new areas. The role of subsidies is likely to increase further under the Bank’s current strategic direction. Phase 1 of…
The Small Business Support Programme (SBS) has been the EBRD’s main programme to support development of small and medium enterprises since its inception in the mid-1990s. This evaluation focuses primarily on the relevance, effectiveness and efficiency of the 2011 to 2015 SBS Strategic Plan.…
With a new strategic and capital framework for 2016 to 2020 in place and an operational effectiveness and efficiency initiative underway it is timely for the Bank to take stock of its field presence system. This evaluation identifies major challenges and opportunities for the Bank.…
"This paper summarises an external assessment of eight new country strategies which use the EBRD's new country strategy results framework. The assessment is conducted against the core objectives of the new results framework design and good practice features.
The paper also…
This evaluation focuses on the Bank’s equity portfolio approach and developments between 2005 and 2016. It identifies significant and difficult issues regarding performance and approach and, on the basis of these findings, makes several recommendations for consideration by the Board and…