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European Investment Bank (EIB) - Promoting Climate Action


The European Union (EU) and its long-term financing institution, the European Investment Bank (EIB), have made climate change mitigation and adaptation a top policy priority. The EIB supports the EU’s goal of low-carbon and climate-resilient growth within and outside the Union. The EIB’s financing in these sectors is one of the largest among international financial institutions: in 2010, the Bank invested almost EUR 21bn in climate action. The EIB’s target for climate action is 20% of overall lending per annum, but in 2010 climate action already accounted for 29%.

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Categories: Energy, ICT, Transport, Water

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