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Public consultation on the EIB Energy Lending Policy

Public consultation on the EIB Energy Lending Policy

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The European Investment Bank (EIB) is consulting on the review of its energy lending policy (ELP).

The global energy sector is set for profound change. The EU is at the forefront of this transformation, having recently agreed the full framework to deliver ambitious climate and energy targets for 2030 and adopted the new Clean Energy for All Europeans package.

Before drafting the new EIB energy lending policy, the public consultation process seeks to solicit views and input from a wide array of stakeholders that can bring valuable expertise to the review. The aim is to ensure that the Bank can best support EU energy policy and long-term climate and energy targets. A consultation document will highlight the key topics that the EIB would like to invite comments upon.

The Bank’s current approach towards supporting the energy sector is set out in its Energy Lending Criteria (ELC), which was adopted in 2013.
  

Publication of the public consultation document and date of the consultation meeting

The public consultation process has officially been launched with the publication of a consultation document that will serve as the basis for discussion during the consultation process.

Stakeholders are invited to send written contributions before 29 March 2019, preferably via the email address: elpconsultation@eib.org. These stakeholder comments will be published on the EIB website unless a contributor explicitly prefers to not publish a submission.

Consultation meeting

A consultation meeting is planned to take place on 25 February 2019 in Brussels. This meeting will be open to all stakeholders interested in a direct exchange with the EIB about the issues at stake within the review. More information, including time and venue of the meeting, will be announced in the coming weeks.

This webpage will be up-dated regularly during the public consultation process.

Contact information

Olivia Saunders (EIB Secretariat General)
Tel:+352 4379 83331
elpconsultation@eib.org

Indicative timetable for the public consultation

Friday 21 December 2018

Announcement of upcoming consultation on EIB website

Tuesday 8 January 2019

Publication of the consultation document ‘Public consultation on the EIB Energy Lending Policy’

Monday 25 February 2019

Public consultation meeting in Brussels

Friday 29 March 2019

Deadline for submitting contributions

Second quarter 2019

Internal review of stakeholder comments and preparation of final draft documents
Publication of all stakeholder’s comments

Third quarter 2019

Publication of draft revised policy, draft Consultation Report and Bank comments to stakeholder contributions (issues matrix) on EIB’s website (at least 15 working days before discussion at the EIB’s Board of Directors)

Third quarter 2019

Approval of revised Policy, Consultation Report and Bank comments to stakeholder contributions by EIB’s governing bodies

Third quarter 2019

Final revised EIB Energy Lending Policy, consultation Report and Bank comments to stakeholder contributions published on EIB website

Key documents

Event Date Documents
Launch of public consultation 08/01/2019 Public consultation on the EIB Energy Lending Policy EN FR DE
Background documents 2013 Energy Lending Criteria (ELC)
Public consultation meeting Brussels 25/02/2019
Publication of stakeholder contributions Q2/2019
Publication of EIB comments to stakeholder contributions (issues matrix) Q3/2019
Publication of Consultation Report Q3/2019
Publication of final draft of policy Q3/2019
Adoption of new policy by EIB’s Board of Directors Q3/2019

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