European Bank for Reconstruction and Development


  • Type International
  • Date of accreditation 09 Jul 2015

The European Bank for Reconstruction and Development (EBRD) is an international entity with the mandate to promote transition towards a sustainable, open market economy and to foster innovation. Its work includes project investment, technical assistance, institutional capacity-building, and policy advisory services with a regional focus on Central Asia, south east Mediterranean, and Eastern Europe. The work of EBRD is strongly focused on the private sector and micro, small and medium-sized enterprises, and uses a broad range of financing instruments, mainly loans, equity investments and guarantees. The areas of investment for mitigation activities are energy efficiency, infrastructure, the power sector, renewable energy, sustainable energy financing facilities and carbon market development. The areas of investment for adaptation activities are water supplies, water efficiency, hydropower, and coastal and port infrastructure. EBRD sought accreditation to support the paradigm shift objective of the GCF by delivering effective, transformational and innovative mechanisms with sustainable development impact.

Accreditation timeline

Accreditation term 1

11 May 2017 - 10 May 2022

Accreditation date

09 Jul 2015

AMA execution date

22 Apr 2017

AMA effectiveness

11 May 2017

Term end date

10 May 2022

Accreditation term 2


Re-accreditation date

20 Jul 2022

AMA execution date

25 Oct 2023

AMA effectiveness


Term end date


Entity details

  • Size
    • Micro
    • Small
    • Medium
    • Large
  • Environmental and social risk category
    • Category C
    • Category B
    • Category A
    • Intermediation 3
    • Intermediation 2
    • Intermediation 1
  • Fiduciary standards
    • Basic
    • Project management
    • Grant award
    • On-lending/blending:
    • Loan
    • Equity
    • Guarantee
    • Blending



Multiple countries

High Impact Programme for the Corporate Sector


Multiple countries

Green Cities Facility



GCF-EBRD Kazakhstan Renewables Framework



The Saïss Water Conservation Project



Tajikistan: Scaling Up Hydropower Sector Climate Resilience



GCF-EBRD Egypt Renewable Energy Financing Framework


Multiple countries

GCF-EBRD SEFF Co-financing Programme


News + Stories

Jeans that don’t cost the earth

29 Mar 2024 / In partnership with the European Bank of Reconstruction and Development (EBRD) and the European Union, this USD 1.4 billion (USD 378 million in GCF financing) Green Climate Fund project supports Emessa, a denim producer based in Egypt, pioneering energy-efficient ready-made garments in Egypt. This is achieved by installing a new production line, which has reduced the company’s energy consumption by about 28 per cent and cut its CO2 emissions by 46 tonnes a year. The company also managed to decrease its water consumption by 50 per cent.

Achieving water security through climate-resilient infrastructure

16 Dec 2021 / Blessed with fertile lands, the Saïss Plain in the Fès-Meknès region of Morocco, is one of the country’s most productive agricultural centers. Over 82 per cent of the water from the Sebou-Saïss basin is used for agriculture. However, in the last 15 years, the Saïss water table has steadily decreased by around 100 million m3 per year.  

EBRD-GCF Green Cities Facility Takes a Major Step Forward

30 Apr 2020 / A joint investment by the Green Climate Fund (GCF) and the European Bank for Reconstruction and Development (EBRD) will modernise the metro in Georgia's capital, kicking off an initiative to support low-carbon, climate-resilient urban development. The project is the first to be jointly co-financed by GCF and EBRD as part of the Green Cities Facility, which prioritises sustainable, green investment.

Green Climate Fund and its partners launch the Alliance for Hydromet Development

10 Dec 2019 / Twelve international organisations providing assistance to developing countries came together at COP25 today to launch the Alliance for Hydromet Development. As a founding member, the Green Climate Fund (GCF) joined the Alliance to unite efforts to close the capacity gap on early warnings and climate information by 2030.

Ministers call for successful GCF replenishment at HLPF

15 Jul 2019 / Panellists at the Green Climate Fund (GCF) high-level event at the UN High-level Political Forum on Sustainable Development (HLPF) in New York recognised the Fund’s critical role in helping developing countries meet their commitments under the Paris Agreement and called for an ambitious GCF replenishment.

GCF invests USD 99 million in EBRD Green Cities Facility to reduce urban climate impacts

03 Jul 2019 / The Green Climate Fund (GCF) took a major step forward today to help make redesigned cities drivers of climate action with the signing of an agreement with funding partner EBRD. Cities have a vital role in achieving the Paris Agreement to keep temperature rises below 2C with a goal to limit warming below 1.5C as they account for 70 percent of global energy use and 75 percent of greenhouse gas emissions.

The role of the banking sector in the fight against climate change

07 Dec 2018 / GCF hosted an event on green banking and the overall role that the banking sector can play in addressing climate change at the sidelines of COP24 in Katowice. Speakers from EBRD, IFC, UNFCCC, RMI and the Green Investment Group agreed that the sector has potential for substantial impact in driving decarbonisation of the economy, but the fit for purpose regulatory environment should be in place. Alzbeta Klein, Director of Climate Business Department at IFC, recognised recent positive developments of including climate change as an important element of banking supervision.

Climate finance drives down renewable price in Egypt by half

16 Oct 2018 / A timely Green Climate Fund (GCF) investment has helped halve the cost of producing renewable energy in Egypt by using new ways to capture private finance flows.

Energy transition accelerates with GCF support

29 Jun 2018 / GCF releases USD 86.7 million for Kazakhstan project with EBRD, building on an existing project partnership in Egypt.

GCF joins European Bank for Reconstruction and Development to bolster Moroccan adaptation

14 Nov 2017 / GCF and EBRD have deepened their cooperation on climate change by making Moroccan agriculture more resilient.


Mr. Alexis Franke

Associate Director, Pillar Head, Donor Partnerships
European Bank for Reconstruction and Development, 5 Bank Street, London, E14 4BG, United Kingdom
Ms. Elodie Loppé

Associate Manager, Donor Partnerships
European Bank for Reconstruction and Development, 5 Bank Street, London, E14 4BG, United Kingdom