Written by European Investment Bank
Developed by European Investment Bank
27 September 2019
The EIB uses the ReM framework for the appraisal and evaluation of projects conducted outside the EU. The focus of the framework is on the EIB's contribution to national and EU policy objectives, as well as their own mandate objectives; on project quality and soundness, based on results and the ability of the project promoter or intermediary to achieve this in a given operating environment; and the contribution of the EIB that goes beyond the market alternative. Since the framework was launched in 2012, hundreds of projects have gone through ReM assessment at appraisal. With some of the first projects approved under the framework now reaching completion, monitoring and the reporting of results assessed ex post is a growing focus.