The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have announced a €150 million increase in funding to accelerate digital transformation and green investment projects across multiple regions. The additional support will expand existing programmes aimed at strengthening digital infrastructure, climate resilience and sustainable economic development.
The funding comes through additional guarantees from the European Fund for Sustainable Development Plus (EFSD+) under the EU’s Global Gateway initiative. Of the total amount, €100 million will be allocated to support investments in digital infrastructure and services across the Western Balkans, Türkiye, Central Asia, Mongolia, Iraq, the southern Mediterranean, eastern Europe and the South Caucasus.
A further €50 million will be dedicated to climate resilience projects in the Western Balkans. The funding will support initiatives in industrial development, sustainable buildings, municipal infrastructure, logistics and, for the first time, agribusiness. These investments are intended to help businesses and communities adapt to climate challenges while promoting environmentally sustainable growth.
The expanded funding is expected to address rising demand for finance in both the digital and green sectors. Improved digital connectivity, sustainable infrastructure and climate-focused projects are seen as essential drivers of competitiveness, innovation and inclusive economic growth across the regions where the EBRD operates.
The EBRD and the EU have been working together under these EFSD+ guarantee programmes since 2020. Their collaboration has already supported a range of high-impact projects, including energy security initiatives in Ukraine, resource-efficient manufacturing in North Africa and expanded digital access in underserved rural communities.
The latest funding boost reinforces the commitment of both institutions to accelerating the digital and green transition, supporting sustainable development and unlocking greater private-sector investment in emerging and developing economies.
