EFCA Guide to the main European Development Financing Institutions - Snapshot of the main financial institutions and their evolution

The European Commission is increasingly relying on the Member States' Development Finance institutions to carry out infrastructure, energy and city projects in low and middle income-countries worldwide. These projects are no longer funded through EU grants, but through blended financial instruments that have a grant component. With blending on the rise, European Development Financing Institutions are set to grow and become key players of the European External Action. This leaflet provides an overview of the four main Public Development Financing Institutions in Europe, and is a useful tool for the European External Aid Committee to follow their evolution and contribute to the dialogue with Multilateral Development Banks through FIDIC. It is also a good source of information for Member Associations in their interaction with Development Institutions in their home countries and for companies doing business with European development funds.

  • 22 October 2019