BAKU, Azerbaijan, December 18. The European Bank for Reconstruction and Development (EBRD) has approved its Infrastructure Sector Strategy for 2025-2029, setting a comprehensive roadmap to enhance infrastructure development across its regions, Trend reports.
This new strategy consolidates the previously separate approaches for the transport and municipal sectors into a unified framework, aiming to create synergies and maximize the impact of investments. It aligns with the Paris Agreement and reflects the G20 Principles for Quality Infrastructure Investment, addressing the critical infrastructure needs of EBRD economies.
The strategy is structured around three key pillars:
Improved Connectivity: Promoting public and private investments to enhance regional and international linkages. Enhanced Climate Action: Supporting decarbonization efforts through sustainable infrastructure projects. Strengthened Resilience: Future-proofing infrastructure to mitigate the impacts of climate change.
Nandita Parshad, EBRD Managing Director for Sustainable Infrastructure, highlighted the integrated approach of the strategy: “This strategy breaks new ground for the Bank. It meets the needs of our clients for joined-up thinking, breaks down sector silos, and aligns with our well-established and highly successful approach to capturing synergies and coordinating across all types of infrastructure project.”