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Within the framework of the Eastern Partnership, the Eastern Partnership Technical Assistance Trust Fund (“EPTATF”) was established as a multi-donor, multi-sector trust fund by the European Investment Bank in December 2010 in response to the need for specific technical assistance support to its lending activities in the Eastern Partnership Countries.
EPTATF’s objective is to enhance the quality and development impact of the Bank’s Eastern Partnership operations. It achieves this by offering a multi-purpose, multi-sector funding facility for technical assistance.
Technical assistance fills critical gaps for investment projects and develops capacity. EPTATF supports capacity building through the financing of pre-feasibility and feasibility studies, institutional and legal appraisals, environmental and social impact assessments, project management and borrower support throughout the project implementation process, as well as financing upstream studies and horizontal institutional activities. Through these instruments, EPTATF is a relatively flexible mechanism, capable of providing rapid support, and of responding to the evolving needs of the Eastern Partnership Countries.
The following four partner countries are currently eligible for technical assistance under EPTATF: Armenia, Georgia, Moldova and Ukraine. The Fund may also finance upstream cross-border or regional studies or programmes closely linked to the operations in the region.
EPTATF focused from the beginning on four priority sectors: energy, environment, transport and telecommunications, with climate change and urban development as cross-cutting issues. The Mid-term Review of the external mandate in 2011 resulted in a broadening of the Bank’s sectoral remits in Eastern Partnership Countries to include development of local private sector, social and economic infrastructure and climate change mitigation and adaptation.
The orientation of the coming three years is to strengthen the bank’s lending activities in the region, acting in complementarity with existing instruments. The trust fund will seek coordination and cooperation with partner countries' strategies and plans. The fund has already built up a pipeline of technical assistance operations and new ideas are being explored.
Participation in the trust fund will enable contributors to provide a strategic input to EIB in its undertakings to respond to new challenges in Eastern Partnership countries. So far, Austria, France, Latvia, Poland and Sweden have contributed to the trust fund and more countries are expected to join.
Recent operations approved by the Contributors’ Committee:
The indicative pipeline includes technical assistance for municipal infrastructure programme in Ukraine, project preparation within waste governance and transport sector in Eastern Partnership Countries.
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