A limited number of such facilities have been set up at the international level. Project preparation facilities, on the whole, have enabled the preparation of bankable projects in an accelerated manner and improved the effectiveness of donors’ contribution by pooling funds together for support to project preparation. They have been particularly useful in well-defined geographical areas where they have been set up to accompany well-defined policies, such as in Eastern Europe or the Mediterranean. In the future, donors and international organisations can help finance the establishment of such facilities so as to prepare projects that they are either willing to finance themselves or to attract market-based repayable financing to (provided projects prepared in such a way can receive funding from a diversity of sources).