In collaboration with the Evaluation Division of the European Investment Bank (EIB), PEM recently completed an evaluation of the EIB’s support for agriculture and the bioeconomy outside the EU between 2014 and 2023. The evaluation included detailed case studies conducted in Eswatini, Georgia, Malawi, Moldova, Morocco, Türkiye, and Zambia.
The evaluation recommends the EIB to:
1) Deepen collaboration with EU delegations, FAO, IFAD, and other partners;
2) Ground its operations in comprehensive value chain analyses;
3) Increase local currency financing to better support smaller, domestically focused businesses, particularly in sub-Saharan Africa;
4) Integrate best practices and refine guidelines to strengthen climate action and adaptation, as well as environmental sustainability.
The evaluation report is available here: https://lnkd.in/dChaBkJf
📸 Ivan Naletilić, Banana plantations, Eswatini