The social development bank for Europe
28 CEB member states, two non-member states, the United States and the United Kingdom as well as the European Union have made contributions in favour of CEB projects. To date, Donor contributions stand at €900 million.
The European Union, CEB’s largest contributor
The European Union (EU) is CEB's largest contributor, having provided €678 million in favour of CEB projects, i.e. 75% of total contributions.
The EU is the main contributor to the Regional Housing Programme (RHP), an initiative benefiting vulnerable refugees and internally displaced persons in the Balkans. The EU has contributed €237 million to the RHP, i.e. 81% of total contributions. The EU also contributed €140 million to finance healthcare infrastructure in Türkiye, through its Facility for Refugees in Türkiye. This infrastructure will improve the healthcare provided to Syrian refugees and their host communities. The EU also supports CEB projects through facilities such as the Western Balkan Investment Framework (WBIF) and the Eastern Europe Energy Efficiency and Environment Partnership (E5P).
Largest donor countries
The United States (U.S.) has contributed €24 million to the Regional Housing Programme, making it the second largest CEB donor after the European Union. The U.S., together with the United Kingdom, are the two non-CEB member states which have contributed to CEB operations.
Germany has contributed a total of €20 million to support CEB activities. Germany is a donor to the Regional Housing Programme and the Migrant and Refugee Fund.
Norway has contributed a total of €16 million in favour of CEB operations. Norway is a donor to the Regional Housing Programme and the Migrant and Refugee Fund. It also established the Norway Trust Account in 2003.
Strong support from CEB member countries
Several other CEB member states have demonstrated their support for the CEB mandate by establishing trust funds with the Bank. Spain has set up the Spanish Social Cohesion Account, the Slovak Republic the Slovak Inclusive Growth Account and Italy the Italian Fund for Innovative Projects. In addition, member states have allocated €117 million from the Bank's earnings to the Social Dividend Account since its establishment in 1996.
Donors to the CEB may be split into three tiers, based on the amount of their contributions:
More than €10 million: European Commission, the United States, Germany and Norway.
Between €5 million and €10 million: Italy, Switzerland, Spain and the European Investment Bank.
Up to €5 million: Slovak Republic, France, Sweden, Netherlands, Denmark, Finland, Türkiye, Luxembourg, United Kingdom, Ireland, Czech Republic, Lithuania, Cyprus, Hungary, Poland, Albania, Romania, Malta, Holy See, Bosnia and Herzegovina, San Marino, Iceland, Bulgaria and Liechtenstein.
In this section
Report on CEB and Donors 2022In 2022 donors continued to play a key role in the Council of Europe Development Bank’s operations, enabling the CEB to fulfil its social mission by doing more for those that are most vulnerable. Published: May 2023 Download