Lithuania’s partnership with EIB dates from 2014, when the Baltic state became a donor to the Eastern Partnership Technical Assistance Trust Fund (EPTATF). Lithuania has since pledged a total of EUR 1.4 million to two EIB-managed trust funds, including a contribution to the Economic Resilience Initiative Fund (ERIF) for financial support to economies in the EU’s Southern Neighbourhood and the Western Balkans.
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 ODA eligible.