Annual Report 2014 of the CEI Fund at the EBRD
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Founded in 1989, the CEI n VENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUN f now counts 18 member states: Albania, Austria, or Belarus, Bosnia and Herzegovina, Bulgaria, GARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANI E Croatia, the Czech Republic, Hungary, Italy, AAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIur Macedonia, Moldova, Montenegro, Poland, o AMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBpe Romania, Serbia, the Slovak Republic, Slovenia, an and Ukraine. OSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENE Int GROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVegra Since its inception, the Initiative’s main aim t INABULGARIACROATIACZECHREPUBLIC ITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIion has been to support transition countries in the HUNGARY process of integration with the European Union ASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATI (EU). To achieve this, the CEI seeks to make a ACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIAS sustainable impact in strengthening the capacities LOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLIC of its member states remaining outside the EU to consolidate their institutional and economic HUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEAL background, bringing them closer to the Union. BANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACE DONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELA In 1992 Italy signed an Agreement with the European Bank for Reconstruction and RUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMON Development (EBRD) on the establishment TENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZ of a CEI Fund at the EBRD “to assist the EGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDR Bank’s countries of operation in central and eastern Europe in their economic and social OMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIA transformation process”. A Secretariat for CEI CROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOV Projects (later renamed Office for the CEI Fund at AKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPU the EBRD) was established to manage the Fund and carry out activities of pre-investment and BLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRA capacity building for the identification, promotion INEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALY and appraisal of projects in the CEI region, as well MACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIA as activities related to project implementation. BELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOV The Fund, towards which the Italian Government AMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAAND has solely made a total contribution of €39.5 HERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLA million, mainly provides grant-type assistance for NDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGA specific components of Technical Cooperation A Bridge between Macroregions (TC) projects. Since its inception, the Fund has RIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASL provided more than €23 million for funding TC OVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHRE projects. PUBLICHUNGARYITALYMACEDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKR The CEI Fund also contributed a total of €2 million AINE to the Know-How Exchange Programme (KEP), which is its second most important instrument and a specific CEI tool. The CEI Fund at the EBRD Annual Report 2014 Projects and Activities supported by the CEI Fund at the European Bank for Reconstruction and Development The CEI Fund at the EBRD | Annual Report 2014 ALBANIAAUSTRIABELARUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMAC EDONIAMOLDOVAMONTENEGROPOLANDROMANIASERBIASLOVAKIASLOVENIAUKRAINEALBANIAAUSTRIABELAR The Central RUSBOSNIAANDHERZEGOVINABULGARIACROATIACZECHREPUBLICHUNGARYITALYMACEDONIAMOLDOVAMONeg