EBRD Environment and Climate Fund II: WB & EaP - Environment and Climate Loan Fund-EUROLATIN EBRD Miljö-och Klimatfond II Insatsen syftar till att förbättra samhällsservice inom områdena vattenförsörjning, avloppsvattenhantering, avfallshantering, energieffektivisering, förnyelsebar energi och urbana allmänna transporter. Insatsen syftar till att stödja länderna i deras EU-integrering/tillnärmande, minska miljö- och klimatpåverkande utsläpp, förbättra hållbart nyttjande av naturresurser, institutionella reformer och förbättra hushållens tillgång till bra kommunal service. 

Insatsen är ett samarbete mellan Sida och Europeiska Utvecklingsbanken (European Bank for Reconstruction and Development, EBRD) och är en vidareutvecklad fas 2 av ett program som startade år 2010 (med en allokering om 235 mkr). Insatsen, till vilket ett stöd om 100 MSEK beslutades i november 2014 och som nu utökas med 30 MSEK, är regional och omfattar länderna på Västra Balkan och i Östeuropa. Insatsen är en s k programmatiskt fond, där de enskilda projekten identifieras allteftersom parter i länderna och banken bedömer att förutsättningar finns att påbörja förhandlingar. Sidas stöd kan användas till reformarbete, systemförbättringar, tekniskt (technical cooperation) och finansiellt stöd (utvecklingslån/investeringsgåva). Projekten har omfattande finansieringspaket, men det finns alltid ett lån (marknadsmässigt) från EBRD och sedan kommer såväl part i land och andra givare eller finansiärer (banker) in i olika omfattning. Resultat i form av antal personer med tillgång till bättre kommunal service, minskade utsläpp, väl fungerande kommunala bolag etc. kommer att redovisas per projekt. The objective of the contribution is to improve sustainable services in the areas of water supply, wastewater management, solid waste management, energy efficiency, district heating, renewable energy and urban public transports. The contribution aims to support the countries in their EU-integration/EU-approximation process, to reduce negative environmental and climate change impact, to increase sustainable use of natural resources, to introduce institutional reforms and to increase households access to good public services. 

The contribution is a cooperation between Sida and the European Bank for Reconstruction and Development (EBRD) and represents a phase 2 of a programme that started in 2010. The phase 2 contribution was agreed in Novemebr 2014 with a support of 100 MSEK and is not extended with a replenishment of 30 MSEK. The contribution is regional and includes the countries in the Western Balkans and in Eastern Europe. It is a "programmatic trust fund", whereby the projects are identified and approved with a no-objection procedure from Sida. Sida´s support can be used for technical assistance or for investment grants. All the projects with support from Sida are part of a larger investment package with loans from EBRD and often also with more financiers. Sida´s contribution is used to address affordability constraints, to introduce higher environmental/energy requirements and to ensure institutional reforms. Results will be reported on per project and in the form of number of persons benefiting from improved services, reforms introduced in the utilities etc. The programme is relevant from a poverty perspective since the grant allocation to the investments is justified through an affordability analysis reltated to the ability of the pooer segments of the population to be able to pay for basic municipal services. Access to affordable municipal services like water and wastewater, solid waste, heating and public transport are key to be able to get out of poverty but also contribute to an enabling environment for economic growth. Consultancy services for implementation support and project preparation will ensure projects are developed to give universal access to ssuch services and that discremination against poor through e.g. misuse of funds are avoided. The first Sida-EBRD Municipal Environment and Climate Programme (SWME) contribution agreement was signed in 2009 for the period 2009-2014. The second Sida-EBRD Municipal Environment and Climate Programme Account II (SWM2) agreement was signed in 2014 for the period of 20152020. The overall objective of the funds are to promote sustainable use of natural resources, to protect the environment and to improve municipal public services for the benefit of citizens in EaP and WB. The programme also supports the countries in their EUapproximation process respectively. The SWME fund has provided EUR 26 309 378 of funding for 42 technical cooperation projects and eight investment grants since establishment. The SWM2 fund has provided EUR 20 008 543 of funding for 40 technical cooperation projects and six investment grants since establishment. 

The two funds together provide assistance to the following countries: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Georgia, Kosovo, North Macedonia, Moldova, Serbia and Ukraine. The projects are also expected to reduce pollution and improve energy and other natural resource efficiency, although no specific combined targets were set for these results. Upgrading the services to EU standard will help the countries in their EU-approximation process.