Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The EIB furthers the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group offers four main services to its clients: loans, technical assistance, guarantees and venture capital.
EIB lending is governed by a series of mandates from the EU in support of EU development and cooperation policies in partner countries.
In May 2009, the EIB granted Jordan a USD 100m loan to enable it to build a strategic aqueduct to carry water drawn from an immense aquifer beneath the desert. As well as providing financial engineering the EIB made its leading-edge water expertise available to Jordan, underpinning a long-term reform of the country's water policy.
The EIB organises regular public consultations on key policies governing its operations. At present, it is assessing the comments received during the second round of consultations on its Public Disclosure, Transparency and Complaints Mechanism policies.
The EIB will organise and participate in a number of events organised in the framework of COP 15 and at the fringes of the Conference. In particular, the EIB is organising an event on the issues of adaptation to climate change in cooperation with the European Commission and other major financial institutions on December 16. The Bank will also actively participate in a Multilateral Development Banks day on December 10.
Marguerite will provide equity or quasi equity to companies which own or operate infrastructure in the sectors of transport and energy “Trans-European Networks”, as well as renewable energy. The Fund is a long term investor (20 years) and is intended to be fully invested in four years.
The EIB agreed to provide a EUR 40m loan to FirstRand Bank to promote energy efficiency and renewable energy projects across South Africa. Potential projects currently under consideration by RMB include the development, construction and operation of two 3 MW mini-hydro power facilities at existing dams in rural areas of South Africa. These are estimated to reduce CO2 emissions by a total of 30,000 tons a year.
The loan will support sub-projects supporting Plzen’s application regarding the selection of the European Capital of Culture in 2015. In particular the revitalisation of the city centre, further to the creation of the “Struncovy Park” along the confluence of the two rivers, and the completion of the city’s water management system are of prime importance.
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