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EIB stands ready to frontload future revenues from emissions trading and provide financing to Member States to fast-track investments that cut energy bills for households and small businesses
The Board of Directors of the European Investment Bank (EIB) approved a €3 billion financing initiative to fast-track energy efficiency upgrades for low and middle-income households and small businesses across Europe in parallel to the deployment of the new Emissions Trading System for buildings and road transport (ETS2). Under the plan designed in partnership with the European Commission, eligible investments also include sustainable transport solutions. The allocated financing may increase depending on market demand.
Portugal: EIB will finance MC with a €100 million loan to boost the sustainability of its retail stores
The European Investment Bank (EIB) has signed a €100 million loan with MC with 12-year tenor to bolster sustainability across approximately 400 retail stores in Portugal. The operation will contribute to optimise energy efficiency and reduce the overall carbon footprint of MC’s extensive retail network in the country.
Portugal: Guimarães receives advisory support from the EU to accelerate sustainable mobility and climate neutrality
The municipality of Guimarães has signed an advisory agreement with the European Investment Bank (EIB), funded by the European Commission to support the city’s transition towards climate neutrality. The agreement was acknowledged during the official ceremony marking Guimarães’ designation as European Green Capital 2026 and the launch of its year of tenure. Participants in the signing ceremony included Ricardo Araújo Mayor of Guimarães, Joao Fonseca Head of the EIB Group Office in Portugal and Patrick Child, Deputy Director General, DG Environment of the European Commission.