The EBRD is the single biggest investor in the agribusiness sector in its countries of operations. Its work spans all the activities throughout the production chain, from farming, processing and trading to food distribution, packaging and retailing. The Bank has also played a major role in developing this sector by supporting local and foreign corporate clients as well as micro, small and medium-sized enterprises.
The EBRD’s countries of operations have many competitive advantages in the agribusiness sector. They account for more than 20% of the world’s potentially arable land, with top-quality soils and an abundance of skilled labour. The region is home to 400 million consumers with increasing average incomes driving an ever-growing demand for high-quality products and improvements in distribution and retailing.
The Bank recognizes that the agribusiness sector can have a profound effect on human health and on the environment and that its sustainable development is a fundamental aspect of sound business management. It will therefore pay particular attention to compliance with appropriate standards. It will also ensure that its clients are committed to improving health, safety and environmental protection performance throughout the food chain.
Underlining this approach to the promotion of sustainable investments, 2011 saw the approval of the EBRD’s new Agribusiness Sustainable Investment Facility. The facility builds on previous successes in addressing energy efficiency within the sector, widening its remit to promote environmental and social investments.
As well as providing financial and technical support for the entire food chain, the EBRD also makes a significant contribution to policy dialogue, leading the way with its Private Sector for Food Security Initiative as well as via the G-20 Food Security Private Sector Working Group.
For more information: http://www.ebrd.com
Tel: +44 20 7338 6202
Fax: +44 20 7338 7301
The Enterprise Growth Programme (EGP) and Business Advisory Services (BAS)
Micro, small and medium-sized enterprises (MSMEs) form the backbone of a dynamic market economy and the EBRD fosters entrepreneurship in its countries of operations not only through capital funding, but also by providing business expertise.
The Enterprise Growth Programme (EGP) (formerly the TurnAround Management, or TAM) and Business Advisory Services (BAS) are essential components of the EBRD transition toolkit, as well as of the donor programmes which support them. The two programmes promote good management in the small and medium-sized enterprise (SME) sector in the EBRD region, by providing direct support to individual enterprises, helping them to grow their businesses. Both programmes are run on a not-for-profit basis, with a majority of donor funding coming from the European Union.
The EGP focuses on substantial managerial and structural changes within companies by providing industry-specific management expertise through the advisory services of experienced former CEOs and directors from economically developed countries. These advisers transfer management and technical know-how to enterprises, conveying the principles of responsible corporate governance and sharing commercial experience directly with CEOs and senior managers.EGP is managed on a not-for-profit basis and utilizes multiple donor funds to provide the costs of support for the projects; none of the funding is given to the enterprises. Since its inception in 1993 EGP has assisted more than 1,850 companies, committing €117 million in donor funding (majority from the European Union) across 30 countries.
The Business Advisory Services (BAS) helps private enterprises to adapt to the demands of a market economy. It also supports short-term projects with narrowly defined objectives and carries out market development activities to facilitate the development of a sustainable infrastructure of local business advisory services in the countries of operations. Since its inception in 1995 BAS has assisted over 10,200 projects, committing €53 million of donor funds(the majority from the European Union), to assist MSMEs, matched by €50 million in client contributions.
For more information: http://www.ebrd.com