Development Report 2016 (Austrian Development Bank)

Summary

• OeEB directly (co-)financed projects provided 29,134 jobs, while reaching 38,720 microborrowers and 21,849 SMEs.p.7
• OeEB committed €458 million to projects mitigating climate change, representing 44% of its total committed portfolio.p.7
• Investments in Least Developed Countries reached €168 million, comprising 16% of the committed portfolio.p.7
• Renewable Energy formed the largest sector in the 2016 committed total portfolio at 33%, followed by SME finance at 16%.p.4

Key insights

1. Projects in OeEB's portfolio achieved an average GPR score of 1.4 and an average EPOL development impact score of 1.8 in 2016.p.6
2. OeEB committed $5 million to the Ascent Rift Valley Fund to foster small and medium-sized enterprise growth across seven East African countries.p.4
3. OeEB partnered with FMO and Oikocredit to finance the 80 MW Alisios wind farm in Guanacaste, Costa Rica.p.6
4. OeEB's total investment in projects benefiting local micro-, small, and medium-sized enterprises reached €310 million, or 30% of its total portfolio.p.7
5. OeEB's Advisory Programmes supported 172 institutions and funded training directly for 7,810 people.p.7
6. Southeastern and Eastern Europe represented the largest regional focus of OeEB's committed portfolio in 2016 at 24%.p.5