Germany
Berlin, Germany
[Germany donor profile]
[Germany is a major contributor to EIB trust funds, providing valuable support and assistance to development projects in sub-Saharan Africa, Eastern Partnership countries and the EU's Southern Neighbourhood.]
Germany
[Germany donor profile]
[Germany is a major contributor to EIB trust funds, providing valuable support and assistance to development projects in sub-Saharan Africa, Eastern Partnership countries and the EU's Southern Neighbourhood.]
Germany’s donor partnership with the EIB began in 2005, with an initial contribution to the FEMIP Trust Fund (FTF). Germany has since contributed a total of €576.9 million to six EIB trust funds. In addition to the FTF, Germany established the International Climate Initiative (IKI) Fund, which supports ambitious climate action projects in developing economies. Germany is also supporting technical assistance in Eastern Partnership countries via the Eastern Partnership Technical Assistance Trust Fund (EPTATF), as well as the roll-out of critical regional infrastructures in sub-Saharan Africa via the EU-African Infrastructure Trust Fund (EU-AITF). In 2020, Germany initiated the City Climate Finance Gap Fund Initiative with several partners to finance climate friendly projects in cities. Since 2022, the Green Hydrogen Fund (GHF) is open and aims at supporting developing countries devise their decarbonisation strategies.
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.