European Bank for Reconstruction and Development (EBRD) responded to the coronavirus pandemic with record investment of €11 billion in 2020 through 411 projects in 38 countries.
This represents a 10% in annual business investment relative to 2019, when the Bank provided €10.1 billion to finance 452 projects.
In addition to its own funds, the EBRD also directly mobilised €1.2 billion from co-investors at a time when the global economy was suffering its most severe slump since the Great Depression of the 1930s.
The Bank continued to concentrate its support on the private sector, which accounted for 72% of total EBRD investment last year.
Due to the urgency of addressing the Covid-19 crisis, in 2020 the share of green investment fell to 29 per cent after 46 per cent in 2019.