The European Investment Bank (EIB) will host its first donors’ conference on 14 November 2018. The event will bring together donors and beneficiaries with the aim of finding ways to build resilience against economic, social and climate-related risks.
Sustainable transport, renewable energy, industrial innovation, social housing, internet and mobile telecommunications investment will benefit from EUR 5 billion of new financing approved by the European Investment Bank (EIB). During the two-day meeting in Bucharest this week the Board of the European Investment Bank decided to support transformational projects across Europe, Asia, Latin America and the Middle East.
The Global Climate City Challenge launched in San Francisco today will address key technical and financing barriers to strengthen investment in green projects and programmes essential to improve resilience to a changing climate in cities home to millions of people.
At the Global Climate Action Summit, the 42 financial institutions part of the Climate Action in Financial Institutions Initiative released a Joint Statement demonstrating how they are moving from commitment to action – both individually and collectively – in supporting local climate action.
The Global Green Bond Partnership (GGBP) was launched yesterday in San Francisco, at the Global Climate Action Summit (GCAS). This new partnership will support efforts of sub-national entities such as cities, states, and regions, corporations and private companies, and financial institutions to accelerate the issuance of green bonds.
The European Investment Bank today issued its first Sustainability Awareness Bond. The EUR 500 million transaction represents the first EIB funding intended to directly support sustainable finance and builds on the EIB’s pioneering role unlocking investment through green bonds.
The EIB launches Sustainability Awareness Bonds to finance UN sustainable development goals.
EUR 14m to finance the upgrade of urban infrastructure and energy efficiency. First Polish town to benefit from direct EIB support under Investment Plan for Europe. Loan is key to helping the city address long-standing structural challenges.
Electricity is a pre-requisite for economic development, just like clean water. One African company, d.light, provides clean energy for remote villages.
TenneT Holding B.V. and the EIB today closed the issuance of EUR 100 million hybrid capital by TenneT (rated A3/A-). EIB has purchased EUR 100 million hybrid securities to be consolidated and form a single series with TenneT’s hybrid Securities programme launched on 12 April 2017.
Yerevan schools are dilapidated, but a big renovation grant from European donors for 150 Armenia kindergartens will make them more energy efficient—and safer for the children.
The European Investment Bank (EIB), Inter-American Development Bank (IDB) and International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, today signed financing agreements with Empresa Metro de Bogotá to support a flagship investment project that will transform Bogotá: the construction of the capital’s first metro line.
EIB Vice-President Navarro joins the meeting with Prime Minister Costa, President Macron, President Sánchez and EC Commissioner Arias-Cañete to boost the development of energy interconnections in South-West Europe. Over the last ten years, the EIB has provided more than EUR 3.6 billion to foster priority electricity and natural gas networks in Portugal, Spain and France.
The European Investment Bank (EIB) is working alongside Enel to finance around 14,000 new charging stations for electric vehicles that will be installed throughout Italy over the next five years.
The European Investment Bank (EIB) granted a EUR 50 million loan to a subsidiary of Greenalia S.A. to finance a new biomass-fired power plant being built in the La Coruña municipalities of Curtis and Teixeiro on a 103 000 m² publicly owned site.
Following three earlier successful operations, the Rabobank and the European Investment Bank (EIB) are launching an expanded EUR 250 million “impact loan” for SMEs in the Netherlands. So far, nearly 300 environmentally-conscious businesses in the Netherlands have already benefitted from advantageous lending conditions of the EIB-backed impact loans with the Rabobank.
The European Investment Bank (EIB) has signed the first finance agreement worth EUR 126 million (out of a total financing support of EUR 172 million) to improve wastewater infrastructure and access to sanitation services in the Fayoum Governorate in Egypt.
The European Investment Bank (EIB) is financing the innovation and development strategy that Velatia will drive forward in the electrical energy sector. EIB Vice-President Emma Navarro and Velatia’s CEO, Javier Ormazabal, today signed a EUR 32.5 million finance agreement that will enable the firm to incorporate new digital technologies into the products that it develops for electricity networks.
The inhabitants of Zagreb stand to benefit from a large investment in the modernisation of their electricity and heat supply under a joint effort by the EIB, the EBRD and the European Commission’s “Juncker Plan”.
The EIB will provide EUR 650m for a project entailing total investment of around EUR 1.5bn. The dams will support the growth of electricity generation from renewables and increase the security of electricity supply on the Iberian market. The project will require employing up to 13,500 people during the entire construction phase and several hundred in operational phase.
During a public ceremony in Mbabane a EUR 36.4 loan agreement was signed between the European Investment Bank and the Ministry of Finance of Eswatini, in support of phase two of the Lower Usuthu Smallholder Irrigation Project (LUSIP II) being developed by the Swaziland Water and Agricultural Development Enterprise (SWADE).