corporate_banner_en

EU Bank calls for partners to confront migration challenge and to support its new Economic Resilience Initiative

The blog
Press corner
All press releases
All other news
Press contacts
Events
All events
Business events
Institutional events
Newsletter
Publications
All publications
General
Reports
Information
Human resources
Strategies & procedures
Thematic
Geographical
Technical studies
Ex-post evaluation
Capital markets
Economic research
Ordering a publication
The historical archives of the EIB
EFSI Scoreboards
Help
Search criteria - General principles
How to search in the register
Result page
Latest documents
Basic search
Public register
Latest documents
Basic search
Frequently asked questions
Help
Search criteria - General principles
How to search in the register
Result page
Request a document
Other public registers
Picture library
News in pictures
Management Committee's Photos
Werner Hoyer
Dario Scannapieco
Jonathan Taylor
Ambroise Fayolle
Andrew McDowell
Vazil Hudák
Alexander Stubb
Emma Navarro
The EIB services
Building
Archives
Former Presidents
Former Vice-presidents
from left to right: Mustafa Abdel-Wadood, CEO,Abraaj Capital Limited, Philippe de Fontaine Vive Curtaz,Vice President, EIB and H.E. Eng. Yarub Qudah, CEO of JEDCO
Greater Manchester Metrolink extension
Mr Olaf Scholz, Mayor of Hamburg
Fritz Vahrenholt, Chief Executive Officer, RWE Innogy GmbH, Germany, Karina Veum, Senior Researcher, Energy Research Centre of the Netherlands, Alistair Buchanan, Group Chief Executive, OFGEM, UK regulator of gas and electricity markets and Frauke Thies, EU Energy Policy Coordinator, Greenpeace
Mr Matthias Kollatz-Ahnen, Vice-President of the EIB
from left to right:Jörg Vogt, CFO, Trianel, Germany (Project: Borkum West II Offshore Wind Park), Pierre Lestienne, CFO, C-Power, Belgium (Project: C-Power near Ostend) and Georg Friedrichs, Vice-President, Head of Offshore Wind Projects, Vattenfall, Germany (Project: Thanet Offshore Wind Farm)
from left to right: Mr Kevin Smith, Director Wind Energy, Det Norske Veritas, Norway, Mr Frank V.Nielsen; Chief Technology Officer, LM Wind Power, Denmark and Mr Konstantin Staschus, Secretary General, European Network of Transmission System Operations for Electricity (ENTSO-E)
from left to right: Mr Rober Harrabin, Environmental Analyst, BBC and Mr Hans-Jörg Bullinger, President, Fraunhofer-Gesellschaft of Germany
Mr Paulo Roberto de Oliveira Araujo, Head of Department, BNDES International Division, Mr F. de Paula Coelho, Director of the ALA Department of the EIB and Mr Christophe Nègre, Deputy Head of Division, Legal Department of the EIB
From left to right: Mr. de Paula Coelho, Director of the Asia Latin America Department and Mr Paulo Roberto de Oliveira Araujo, Head of Department, BNDES International Division
From left to right: Mr. de Paula Coelho, Director of the Asia Latin America Department of the EIB and Mr Paulo Roberto de Oliveira Araujo, Head of Department, BNDES International Division
Mr Paulo Roberto de Oliveira Araujo, Head of Department, BNDES International Division
Group picture of the signature Brazil Climate Change Mitigation
Picture of all the participants at the signature EFL loan for SMEs and Mid-Caps III
FROM LEFT TO RIGHT: Mr ANDRZEJ KRZEMINSKI President of the Management Board- EFL and Mrs FÜRSTENBERG-LUCIUS, Director EIB
FROM LEFT TO RIGHT: Mr ANDRZEJ KRZEMINSKI President of the Management Board- EFL and Mr Mariusz KOLWAS, Vice-President of the Management Board - EFL
FROM LEFT TO RIGHT: Mr Andrzej KRZEMINSKI President of the Management Board- EFL Mrs Anita FÜRSTENBERG-LUCIUS, Director EIB Mr Anton ROP, Vice-President of the EIB
FROM LEFT TO RIGHT: Mr Andrzej KRZEMINSKI President of the Management Board- EFL Mrs Anita FÜRSTENBERG-LUCIUS, Director EIB, Mr Anton ROP, Vice-President of the EIB
FROM LEFT TO RIGHT: Mr Andrzej KRZEMINSKI President of the Management Board- EFL Mrs Anita FÜRSTENBERG-LUCIUS, Director EIB Mr Anton ROP, Vice-President of the EIB
FROM LEFT TO RIGHT: Mr Zygmunti TRYBKA, Director of the Financing Department EFL and Mr Piotr KOZIOL, Director of the Legal Department EFL
Group picture of the signature EFL Loan for SMEs and Mid-Caps III
from left to right:Mrs Flavia Palanza, Associate Director for Central and Eastern Africa, EIB, Mr. Jack Nkusi Kayonga, Chief Executive Officer of the Rwanda Development Bank and Mr Patrick Walsh, Director responsible for Africa, Caribbean and Pacific operations.
from left to right: Mr. Jack Nkusi KAYONGA, Chief Executive Officer of the Rwanda Development Bank and Mr Patrick Walsh, Director of the Central and Eastern Africa, Pacific Department of the EIB
Mr. Jack Nkusi KAYONGA, Chief Executive Officer of the Rwanda Development Bank
from left to right:Mrs Flavia Palanza, Associate Director for Central and Eastern Africa, EIB, Mr. Jack Nkusi Kayonga, Chief Executive Officer of the Rwanda Development Bank and Mr Patrick Walsh, Director responsible for Africa, Caribbean and Pacific operations.
from left to right:Mrs Flavia Palanza, Associate Director for Central and Eastern Africa, EIB, Mr. Jack Nkusi Kayonga, Chief Executive Officer of the Rwanda Development Bank and Mr Patrick Walsh, Director responsible for Africa, Caribbean and Pacific operations.
J.A.Mannai, Président du Fonds Monétaire Arabe; P.Maystadt, Président de la BEI; A.M.Ali Al-Madani, Président de la Banque Islamique de Développement; F.Baroin, Ministre de l'Economie, des Finances et de l'Industrie; D.Kaberuka, Président de la Banque Africaine de Développement; C.Lagarde, directrice générale du FMI
Photo de la signature
Photo de groupe de la signature
from left to right: Founders and biggest investors:
From left to right: all investors+Fund Manager:
Mr Anton Rop, Vice President of the European Investment Bank
de gauche à droite: M. Othman Ben Arfa, PDG de la STEG, M. Philippe de Fontaine Vive, Vice-président de la BEI et M. Mohamed Nouri Jouini, Ministre du Développement et de la Coopération Internationale
de gauche à droite: M. Othman Ben Arfa, PDG de la STEG et M. Philippe de Fontaine Vive, Vice-président de la BEI
de gauche à droite: M. Othman Ben Arfa, PDG de la Société Tunisienne de l'Electricité et du Gaz , M. Philippe de Fontaine Vive, Vice-président de la BEI et M. Mohamed Nouri Jouini, Ministre du Développement et de la Coopération Internationale
De gauche à droite:
Closing Ceremony Rural Impulse Fund II SA, SICAV-SIF; Luxembourg 1st June 2010
Closing
de gauche à droite: M.Carlos Da Silva Costa ,Vice Président de la BEI et M. Valls i Riera, Président de l'Autoridad Portuaria de Barcelona.
de gauche à droite: Carlos da Silva Costa, vice-président de la BEI et Ignacio Galán, Président d'Iberdrola
M. Philippe Maystadt, Président de la BEI, S.E.M. Premier Ministre de la Serbie et M. Dario Scannapieco, Vice-Président de la BEI à la signature de contrats
M. Philippe Maystadt, Président de la BEI et S.E.M. Mirko CVETKOVIC, Premier Ministre de la République de Serbie à la signature du livre d'or
Mr. I Dalianis, Financial Manager of Symetal ,Mr. K Kontos, General Manager of Symetal , Mr P Sakellaris Vice President of the EIB, Mr. D Kyriakopoulos, Executive Vice President of Elval and Mr. L Varouchas, General Manager of Elval
Mr P.Sakellaris, Vice President of the EIB and Mr D. Kyriakopoulos, Executive Vice President of Elval
Mr P. Sakellaris, Vice President of the EIB and Mr D.Kyriakopoulos, Executive Vice President of Elval
Press conference in Athens today, Mr Plutarchos Sakellaris, Vice President of the EIB
Press conference in Athens today, Mr Plutarchos Sakellaris, Vice President of the EIB
Press conference in Athens today, Mr Plutarchos Sakellaris, Vice President of the EIB
Press conference in Athens today, Mr Plutarchos Sakellaris, Vice President of the EIB
The Marseille Center for Mediterranean Integration is launched today
Le Centre de Marseille pour l’Intégration en Méditerranée est inauguré aujourd’hui
Photos
Session on "Modelling Cities and Urban Dynamics" hosted by the EIB-University Action Programme
Projects
Video library
All videos
Podcasts
Open learning
Contact

EU Bank calls for partners to confront migration challenge and to support its new Economic Resilience Initiative

    •  Display in:
    • de
    • en
    • fr
  • Available in: de en fr
  •  Release date: 19 September 2016
  •  Reference: 2016-211-EN

Speaking at the UN Summit for Refugees and Migrants in New York, President of the European Investment Bank Werner Hoyer has called for new partnerships to tackle the migration and refugee challenges. He also laid out the EIB’s new Economic Resilience Initiative for the Western Balkans and EU Southern Neighbourhood, endorsed by EU leaders three months ago. President Hoyer was participating in a special roundtable hosted by Queen Rania of Jordan. 

“The current [refugee and migration] crises are not only humanitarian and social ones, but are also global economic crises… and, as such, we must provide an effective economic response,” he said.

“As one of the major international financial institutions globally, at the EIB we are already stepping up our contribution to address the root causes of migration. We are collaborating more closely than ever with other international financial institutions and national promotional and development institutions to make sure that we all use our capacities to promote sustainable economic development.”

“An example of such commitment is the implementation of our own Economic Resilience Initiative for Europe’s Southern Neighbourhood and the Western Balkans… I am happy to announce that, less than three months after endorsement of the Resilience Facility by the European Council, the first projects are ready to be rolled out. They will have a particular focus on young people and women, with increased investment in socially important sectors like water, health and education.”

“To further enhance the impact of the initiative, we urge all our European and international partners and stakeholders to join us and contribute with additional grants for investment, technical assistance and impact financing."

President Hoyer underlined the need for new partnerships and concluded: “We stand ready to work hand-in-hand with the international development community at large to improve the lives of those affected by forced migration and help build more resilient economies that tackle its root causes. With your support and in partnership with all of you, we can and we must do more.”

See full speech. 

http://www.eib.org/attachments/general/events/20160919_unga_hoyer_speech_en.pdf   

The Economic Resilience Initiative is complementary to the External Investment Plan announced by EU Commission President Juncker in Strasbourg last week. Under this initiative, the EIB will increase its support to the Southern Neighbourhood, which includes countries in the Middle East and North Africa as well as the Western Balkans. The initiative would mean additional investments of EUR 6 billion, on top of the EUR 7.5 billion of EIB financing already planned for these two regions, the largest of any international financial institution. 

The EIB estimates the initiative will trigger EUR 15 billion euros of additional investment in these regions up to 2020, taking the total EIB mobilisation of investment in the regions to some EUR 35 billion.

In New York, President Hoyer has also announced the new the ‘Africa-Caribbean-Pacific migration package’ recently approved by EU Member States and the European Commission. This will provide another EUR 300 million euros for impact financing aimed at small business, alongside EUR 500 million for migration-focused operations, notably in sub-Saharan Africa.

More information:

In the light of the on-going refugee crisis, the European Council requested in March the European Investment Bank (EIB) to rapidly mobilise “additional financing in support of sustainable growth, vital infrastructure and social cohesion in Southern Neighbourhood and Western Balkans countries.” 

In June EU Leaders endorsed the EIB’s Economic Resilience Initiative

Last year, the EIB group provided nearly EUR 8 billion in financing for projects and initiatives outside Europe. The EIB has been active outside the EU for over 50 years and is firmly committed to supporting EU development policies in non-EU countries.

We are present in some 160 countries, including Least Developed Countries and countries facing acute political and economic crisis.

Our activity outside the EU is mostly in the form of loans, but we also provide equity investments and other instruments, in addition to technical assistance and advisory services to enhance project preparation and quality.

Our non-EU operations support the objectives of the EU Agenda for Change and the Sustainable Development Goals. 

For online publications:

Microfund for Women

Badia Impact Fund: supports technology, media and youth start-ups in Jordan

Tackling global challenges together

Together on forced displacement and migration 

Developing a vibrant private sector in the Middle East and North 

Event page:

United Nations Summit for Refugees and Migrants 






 Print
 Pdf
 Short Link