Project Preparation Support Programme for Agribusiness Projects in Ukraine (EBRD-1414)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
No borrower available at the time of the snapshot
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jan 18, 2021

Disclosed by Bank Dec 18, 2020


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Project Description

With the crisis in Ukraine in 2016, commercial banks provided very limited support to the private sector. This gave the European Bank for Reconstruction and Development (the “EBRD” or the “Bank”) an even stronger mandate to step in and support key agribusinesses. The EBRD’s projects include working with companies that have a high impact on the local economy – (1) by locally sourcing their products, strengthen backward linkages with suppliers along the value chain and promote market expansion (e.g. dairy sector); (2) provide employment opportunities (e.g. large agribusiness processors, farming and retailers) and (3) reduce the environmental footprint of their resource use (land, water, energy) and emissions.

It has been estimated that the EBRD's clients in the Ukraine's agribusiness sector account for around EUR 12 billion of gross production, employ around 200,000 people, generate almost half of Ukraine's agri-food exports, and are a source of hard currency in times when the country needs it most. The Japan-EBRD Cooperation Fund agreed to support on-going and future EBRD agribusiness operations in Ukraine, and help pave the way for new investments in the country by funding environmental and legal due diligence, visibility actions, and a Programme Manager to coordinate activities.

 

Investment Description

No investment type available at the time of the snapshot


Contact Information

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html