International Sources of Finance

5.2.2. International Sources of Finance

The international cooperation policy of the riparian countries of the Dnipro Basin, particularly with regard to environmental protection, focuses on the following key components:

- Cooperation with the international agencies, including the United Nations Environment Programme (UNEP), United Nations Economic Commission for Europe (UNECE), United Nations Development Programme (UNDP), United Nations Industrial Development Organisation (UNIDO), International Atomic Energy Agency (IAEA), Global Environmental Facility (GEF), World Bank, European Bank for Reconstruction and Development (EBRD), EU TACIS Programme, Interstate Environmental Council (IEC), and other bodies established to support the implementation of international environmental conventions and relevant protocols.

- Bilateral cooperation between the riparian countries of the Dnipro Basin.

Key areas for international cooperation on the management of water resources and rehabilitation of the Dnipro Basin include:

- Strengthening the cooperation and coordination between the riparian countries of the Dnipro Basin (Republic of Belarus, Russian Federation, and Ukraine);

- Mobilising technical and financial assistance from bilateral and multilateral funding sources;

- Attracting external investments to finance the cost of national, regional and local environmental programmes.

Many developed countries provide valuable support for implementing environmental improvements in the Dnipro Basin. These include, without limitation, UK, Germany, Denmark, Canada, Netherlands, USA, Finland, Sweden, Switzerland, and Japan.

Total estimated contribution of international agencies to the implementation of environmental actions in the riparian countries of the Dnipro Basin over the last three years is summarised in the Table below:

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