REACT aims to mobilise US$300 billion by 2040 across the renewable energy value chain. Generation, grids, storage, manufacturing and electrification are among its areas, according to the bank.
The framework coordinates public institutions, development partners and private investors. The overall mobilisation target is distinct from the EBRD’s planned US$6 billion: neither amount represents a fully completed disbursement.
The statement does not identify the first projects to receive funding or their detailed schedules. Project selection and actual commitments will provide measures of implementation.