Mission and strategy – Eurasian Development Bank
The EDB’s mission is to help strengthen the market economies of its member states, foster their sustainable economic growth and expand trade and other economic ties through investment.
The EDB’s Strategy 2022–2026 was approved by the Bank’s Council on 2 July 2021 in Almaty. During these five years, the EDB will focus on:
- Strengthening the Bank’s unique integration role in the EAEU+. The Bank’s investment over the five-year period is set to reach a total of US $10.9 billion.
- Implementing a minimum of three key integration mega-projects. The EDB will configure and launch projects in several sectors, notably transport infrastructure and logistics, food security, water and energy. Mega-projects include the Eurasian Transport Network, the Eurasian Commodity Distribution Network and Central Asia’s Water and Energy Complex.
- Developing the EDB’s digital expertise. Through the EDB’s Fund for Digital Initiatives, the Bank will support digital development in its member countries.
- Promoting the United Nations Sustainable Development Goals and ESG approaches in the Bank’s corporate governance. The EDB is helping its member states achieve their Sustainable Development Goals. As part of its responsible investment policy, the Bank will expand financing for green and social projects.
- Enhancing operations in the EDB’s smaller stakeholder countries. Five-year strategies have been developed for each of the Bank’s member states, tailored to their economic and investment profiles. The Bank’s investment in Armenia, Kyrgyzstan and Tajikistan is expected to reach US $500 million by 2026.
- Consolidating its investment expertise in the countries in which it operates. The Bank’s unique expertise in structuring complex inter-country projects will enhance its position as the leading financing institution in the countries in which it operates.
- Developing a comprehensive approach to securing the resource base for the EDB. Implementing this strategy will involve competitive resourcing with regard to borrowing (including in local currencies) and in expanding our share capital.
The EDB aims to become the number one development bank in its geographical area of operation by 2026. Its new strategy maintains the Bank’s lead in implementing integration mega-projects involving two or more countries. The EDB will act as a catalyst for the member states to achieve their SDGs and partner with them to bring about digital transformation and enhance the investment potential of its smaller economies.
