Development Report 2020 (Austrian Development Bank)

Summary

• At the end of 2020, OeEB's total committed portfolio reached EUR 1.44 billion, comprising EUR 1.32 billion in lending projects and EUR 120 million in equity projects.p.3
• The portfolio is geographically distributed across Western Balkans/Eastern Europe (27%), South & East Asia (20%), Central & South America/Caribbean (20%), Africa (19%), Caucasus/Central Asia (12%), and Middle East (2%).p.3
• OeEB signed EUR 300 million in new loans and equity participations in 2020, investing over EUR 90 million in Africa and EUR 64 million in Least Developed Countries.p.11
• Under the 2X Challenge initiative, participating members committed USD 6.88 billion and mobilised USD 4.5 billion in gender-smart investments by the end of 2020.p.5
• OeEB dedicated EUR 549 million, representing 38% of its total portfolio, to climate-relevant projects.p.10
• OeEB supported 402 companies and financial institutions directly with technical assistance and trained 1,180 people through these programs.p.3

Key insights

1. OeEB's committed portfolio is mainly concentrated in Renewable Energy at 25%, SME financing at 21%, and Microfinance at 18%.p.3
2. Formal, women-owned SMEs globally face a financing gap of USD 300 billion, with 70% lacking adequate access to financial services.p.4
3. A portfolio screening revealed that 82% of responding clients already meet at least one of the 2X criteria.p.7
4. OeEB's renewable energy projects created 2,640 MW of newly installed generation capacity and produced 6,029 GWh of clean power.p.8
5. OeEB financing reached 226,344 MSMEs and supported projects employing 673,958 people.p.9
6. In 2020, EUR 35 million of loans provided by OeEB contributed to women's economic empowerment.p.10
7. OeEB invested EUR 30 million in the European Financing Partners COVID response window to assist businesses affected by the pandemic.p.11