Signatory Banks

Outlines the approach of the main European-based multilateral financial institutions - Council of Europe Development Bank (CEB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Nordic Environment Finance Corporation (NEFCO) and Nordic Investment Bank (NIB) - to environmental considerations, and shows that EU environmental principles, standards and practices provide the main benchmark for their respective financing activities throughout their regions of operation, not just among EU Member States, where such requirements are mandatory, but also in the near neighbours of the EU and other regions of the World.

Promotion of a healthy environment has been established as an unequivocal EU objective. Through their environment policy, the CEB, the EBRD, the EIB, the NEFCO and the NIB have oriented themselves according to Article 2 and 6 of the Amsterdam Treaty, which require high levels of environmental protection, amelioration of environmental quality as well as the integration of environmental dimensions into other sector policies. These five institutions put into practice their commitment to attaining high environmental standards especially through their investment activities.

	Council of Europe Development Bank 55 avenue Kléber, F-75116 Paris, France. Tél. +33 (0) 1 47 55 55 00 Fax. +33 (1) 1 47 55 03 38
	European Bank for Reconstruction and Development One Exchange Square London EC2A 2JN United Kingdom Switchboard: +44 20 7338 6000 Central fax: +44 20 7338 6100
	European Investment Bank 100, boulevard Konrad Adenauer L-2950 Luxembourg. Tel: (+352) 43 79 1 Fax: (+352) 43 77 04
	Nordic Environment Financement Corporation Fabianinkatu 34 P.O Box 249 FIN-00171 Helsinki Finland Tel. +358 9 18001 / 1800344 Fax +358 9 630 976 E-mail info@nefco.fi
	Nordic Investment Bank Fabianinkatu 34, P.O. Box 249, FI-00171 Helsinki, Finland. Telephone: +358 9 18 001 Telefax: +358 9 1800 210