The European Investment Bank Supporting Renewable Energy

Release date: 20 April 2012

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The EIB has stepped up its renewable energy lending to support the development and expansion of renewable energy projects and contribute to making Europe’s energy supplies more sustainable, competitive and secure.

EIB lending for renewable energy has more than doubled over the past four years, from EUR 2.2bn in 2008 to EUR 5.5bn in 2011.

This is one of the factsheets accompanying the brochures "The European Investment Bank Promoting Climate Action" and "The European Investment Bank Supporting sustainable, competitive and secure energy in Europe"

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The European Investment Bank Promoting Climate Action

The EIB supports the EU’s goal of low-carbon and climate- resilient growth within and outside the Union. The EIB’s financing in these sectors is one of the largest among international financial institutions: in 2011, the Bank invested almost EUR 18bn in climate action.

Supporting sustainable, competitive and secure energy in Europe

Promoting sustainable, competitive and secure energy for Europe is one of the European Union’s strategic priorities. As the bank of the European Union, the EIB has reflected this by tripling its financing operations in this area between 2006 and 2010 (from EUR 4bn to EUR 14.6bn).

http://www.eib.org/infocentre/publications/all/the_eib_supporting_renewable_energy.htm