Donor funding in action
Throughout Europe, CEB grants have a positive impact on the lives of those that are most in need. In line with its core mandate of assisting migrants and refugees, the CEB allocates most of its grants in favour of this population. However, the Bank also supports other vulnerable or disadvantaged population groups, such as elderly persons or women entrepreneurs.
Standing by migrants, refugees, and displaced persons
In October 2015, at the height of the refugee crisis, the CEB established a €28-million Migrant and Refugee Fund (MRF) to support its member countries in accommodating and/ or integrating migrants and refugees who arrive on their territories. Hazrad is of the thousands of migrants who have benefited from MRF support.
The Regional Housing Programme (RHP) provides housing to vulnerable persons who were displaced during the 1990s conflicts in the former Yugoslavia and have been living in dire conditions ever since. This video introduces the impact of the RHP on the lives of some of its beneficiaries.
Supporting sustainable and inclusive growth
The homes in Foča were built under a project, financed by the CEB, which provides housing to vulnerable persons who were displaced during the conflict in the 1990s and who have been living in substandard accommodation ever since. The CEB and WBIF Bilateral Donors have provided more than € 4 million in grant funding for the project, in the form of interest rate subsidies and technical assistance. The CEB funding originated from the Bank’s Social Dividend Account, Norway Trust Account, and the SCA. The IFIP will cover future technical assistance needs as soon as the WBIF funding has been fully used, together with the SIGA.