corporate_banner_en

EIB and COP

Projects
Regions
European Union
Enlargement countries
European Free Trade Association
Mediterranean neighbourhood
FEMIP overview
Maximizing synergies
Financing & advisory services
Loans
Private equity
Advisory services
FEMIP Support Package
How to apply
Trust fund
Technical advisory
Private equity
CAMENA Climate action envelope
MED 5P
Organisation and staff
FAQ - FEMIP
EU Eastern neighbours
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Examples of EPTATF Operations
Institutional framework
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Sub-Saharan Africa, Caribbean and Pacific
Funding and financial instruments
Applying for loans
Cooperation with partners
Investment Facility
Other initiatives
Activities
Asia and Latin America
Priorities
Climate
EIB and COP
Economic and Social Cohesion
Infrastructure
Innovation and skills
Investing for Youth
SMEs
Environment
Sectors
Agriculture, Food and Rural Development
Aviation
Digital economy
Education and training
Energy
Forestry
Health and Life Science
Maritime
Regional development
Roads
Trans-European Networks
Transport
Urban agenda
Water and Wastewater management
Project cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Recently approved projects
Projects financed
Breakdown by region
European Union
EFTA countries
Enlargement countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations evaluation
Process and methodology

EIB and COP

For the last two weeks global leaders have been working together to agree on strategies to tackle climate change, combining development and environmental goals with a fair approach that takes into account the world’s poorest and most vulnerable communities. The question on everyone’s lips is how we will pay for it.

As the world’s largest provider of climate finance, we have an important role to play, in Paris and beyond.

Below you will find the story of our involvement. Through videos, news stories and project insights this page explains our contribution at COP21. You can also follow us on: Storify: the EIB at COP21, Twitter, Facebook and Medium.

You might also want to check out our new Climate Strategy agreed in September 2015.

COP 21: The work does not stop in Paris

The global deal on climate change, sealed this weekend in Paris, has been welcomed by the EIB. Vice-President Jonathan Taylor said, "The EIB, as the world's biggest provider of climate finance, stands ready to help to turn these commitments into a reality: by offering its significant expertise, mobilising the necessary finance and getting the private sector on board."

Get more on YouTube: https://youtu.be/CbTcyvx578s

Press Release



Video coverage of our participation at COP 21

  • The work does not stop at Paris: resolves the EIB, welcoming global deal on climate
    The global deal on climate change, sealed this weekend in Paris, has been welcomed by the European Investment Bank. The EIB, which is already the world's biggest provider of climate finance, will now play a key part in mobilizing the additional resources needed, much of it from the private sector. Jonathan Taylor, Vice President for the Environment, welcomes the deal.
  • Wanted: More Trees!
    At COP21 the issue of land use and saving the world s forests - our "carbon sinks " - is moving into sharp focus. The European Investment Bank has provided EUR 4 billion in finance to the forest sector in the last five years, but is it enough? The EIB's Senior Expert on Natural Resources Jane Feehan explains.
    For more information on our activities check our website.
  • Putting Climate into everything we do
    The EIB has joined an unprecedented coalition of private and public banks to strengthen climate action. On the sidelines of the COP21 climate talks in Paris the European Investment Bank and 25 other leading financial institutions from around the world have adopted a set of principles that should improve the effectiveness of climate action and promote greater transparency as well.
  • Tackling Climate Change worldwide
    The EIB is serious about tackling climate change: not just in Europe but also worldwide. On the eve of COP21 the EIB’s Director of Climate Operations Chris Knowles has been to Ecuador to check on two projects where the EIB is working as a core investor.


Latest news from COP21



Other news from Paris

  • Putting Climate into everything we do
    The EIB has joined an unprecedented coalition of private and public banks to strengthen climate action. On the sidelines of the COP21 climate talks in Paris the European Investment Bank and 25 other leading financial institutions from around the world have adopted a set of principles that should improve the effectiveness of climate action and promote greater transparency as well. The 5 Mainstreaming Principles outline how financial institutions can commit to climate strategies, manage climate risks, promote climate goals, improve climate performance and account for climate action.
    Watch the video of the launch of the principles at COP21
    Press release
    Mainstreaming Principles: www.eib.org/FIclimatemainstreaming
  • 30 November - Heads of MDBs event
    Speaking from Paris, our President, Werner Hoyer, has just come out of the Head of MDBs event:
    “It is only by working together that we will meet the challenge of climate change. I am optimistic that by pooling the efforts of the Development Banks to attract the private finance that is so critically needed, we can transform the ambitions of the leaders into a reality on the ground. For its part, the EIB is committing to provide 100 billion dollars by 2020 for climate action and to step up what we do in developing countries - in particular for those most vulnerable to global warming.“
    Read the MDBs’ joint statement and see our Press Release for more information.


“Nobody else has done anything like this in the world.”

Using public funds to give private investors a cushion against risk, Geeref has built a unique portfolio of renewable energy investments in developing countries. It has been so successful, Geeref managers will soon be launching a second, bigger fund. “Nobody else has done anything like this in the world,” says Christopher Knowles, head of the climate change and environment division at the European Investment Bank.



How public development banks can boost private climate investment

Money matters to climate. One of the objectives of the UN Climate Change Conference in Paris is to generate financing for projects and initiatives that can make a difference to global warming and help people adapt to the changes warming will bring. As a group, multilateral development banks have become the main providers of climate finance.

Read the full article at LSE Europe blog: http://bit.ly/1lqbFHf



From Bordeaux to Benin, and wherever the sun shines

Every renewable energy project has a significance beyond the electricity it generates. After all, renewables also replace the kinds of electricity production that heat up the world’s climate. The Cestas Photovoltaic plant, which is inaugurated this week, produces clean energy that’s equivalent to the domestic usage of at least a third of the residents of nearby Bordeaux. The activation of its 1 million solar panels also marks a big milestone in climate-friendly energy. Cestas is the first major photovoltaic project to be truly competitive with fossil fuel power stations.



To Paris via Lima: highlights for the EIB

The stopover in Lima for the World Bank Group and IMF Annual meetings on 9-11 October proved to be an important stepping stone for the EIB on the Road to Paris.

Find out more information on our page.


10 things you need to know about the EIB and Climate Finance

These 10 examples show concrete results of how we at the EIB are already helping to tackle the climate challenge driven by clear policy objectives.




Press

News

Publications


 Print
Copyright © European Investment Bank 2016
The European Investment Bank is not responsible for the content of external internet sites.