Latvia became an EIB donor partner in 2011 via a contribution to the Eastern Partnership Technical Assistance Trust Fund (EPTATF). Latvia’s EUR 100,000 commitment to EPTATF has helped provide technical assistance to projects in neighbouring Eastern Partnership countries, including Belarus, Moldova and Ukraine, as well as Armenia, Azerbaijan and Georgia.
Donor partnerships provide an effective vehicle for donors looking to deliver sustained impact in developing countries. They enable donors to work with the EIB to unlock projects with high socio-economic returns, reaching out to people and places with additional support for targeted development outcomes. EIB activities outside the EU account for around one third of EU development aid. All contributions to EIB donor funds are considered Official Development Assistance (ODA) eligible.