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Chronology of the EIB: 2008-2017

Chronology of the EIB: 2008-2017

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28 June 2016

The European Council welcomes the EIB’s Economic Resilience Initiative, a new initiative to support regions outside of Europe that are significantly affected by the refugee crisis through investments in favour of growth, jobs, vital infrastructure and social cohesion.

26 Nov 2014

Launch of the European Fund for Strategic Investments by the European Commission and the EIB. Part of the Investment Plan for Europe, it aimed to mobilise EUR 315 billion by 2017. Creta Farms was the first business to benefit in Greece. Investments in R&D are helping them produce healthy sausages and cold cuts with olive oil.

30 January 2014

The first Jobs for Youth loan is signed in Poland under the Skills and Jobs – Investing for Youth initiative. This is EIB’s first ever lending programme specifically designed to support young people through vocational training, student mobility and jobs in smaller companies.

23 July 2013

Set-up of an Emissions Performance Standard (EPS) for all fossil fuel generation projects, in order to screen out investments whose carbon emissions exceed a threshold level. The EPS becomes part of EIB’s extensive set of climate standards.

1 January 2013

Special EIB capital increase in response to the financial crisis. In return, the EU Member States asked us to lend an additional EUR 60 billion. This has allowed us to increase our support to the economic recovery and have considerable impact on the lives of citizens.

September 2010

Adoption of EIB’s Environmental and Social Handbook, setting the guidelines to include environmental concerns and human well-being in our projects. The promotion of sustainable development underpins our lending strategy.

2 June 2008

Inauguration of the EIB’s new building, known as the East building, created by German architects Ingenhoven Architekten in association with Werner Sobek Ingenieure. The transparency of the new glasshouse complements the low, cruciform West building.