EBRD achieves record EUR 26.8 billion in financial mobilisation in 2024

The European Bank for Reconstruction and Development (EBRD) has significantly increased its private-sector mobilisation efforts in 2024, reaching an all-time high of €26.8 billion in total financial mobilisation. This achievement underscores the Bank’s commitment to supporting clients and economies in meeting their investment needs across its regions of operation.

The EBRD’s mobilisation efforts comprised both direct and indirect financing. Direct mobilisation reached a record €4.82 billion, reflecting the Bank’s intensified collaboration with commercial banks, insurance firms, and institutional investors. Indirect mobilisation, which includes public-sector partnerships and syndicated lending, accounted for €21.97 billion. These figures highlight the EBRD’s strategic approach to leveraging external capital to enhance the economic resilience of its member countries.

For over three decades, the EBRD has played a crucial role in facilitating the transition of economies towards open, market-oriented systems. Mobilisation of private-sector funds has been a key component of its operations, enabling the Bank to expand financing capabilities and contribute to sustainable economic growth.

Christian Kleboth, Head of Debt Mobilisation at the EBRD, emphasized the importance of collaboration in achieving these results. “Through intensified efforts and strong cooperation with our commercial banking and investor partners, we were able to significantly boost our direct mobilisation delivery in 2024,” Kleboth said. “This achievement ensures that nearly €27 billion in additional financing is flowing to our clients and economies, helping to drive positive change. Moving forward, we will continue to introduce innovative mobilisation products that attract institutional investors and enhance co-financing opportunities.”

The EBRD’s efforts align with the broader objective of multilateral development banks (MDBs) to attract private investment for development projects worldwide. The need for private capital has become particularly pressing in climate finance, where the funding gap is expected to require additional investments of up to US$ 2.8 trillion (€2.6 trillion) annually by 2030 to meet global climate goals.

At the COP29 climate conference in Baku, MDBs collectively projected that their annual private climate mobilisation efforts will reach US$ 130 billion (€120.2 billion) by 2030. The EBRD has positioned itself as a leader in this space, having mobilised US$ 26.7 billion (€24.7 billion) in 2023 alone, reinforcing its pivotal role in driving climate-focused investments.

Looking ahead, the EBRD remains committed to expanding its mobilisation initiatives to further support economic development, climate action, and private-sector growth in its target regions.

Photo: Christian Kleboth, EBRD Head of Debt Mobilisation