Climate in everything we do

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Climate action

Climate action

Climate action

As the largest multilateral provider of climate finance worldwide, we are committing at least 25% of our investments to climate change mitigation and adaptation, supporting low-carbon and climate-resilient growth.

Our climate strategy defines our mission: to play a leading role in mobilising the finance needed to achieve the worldwide commitment to keep global warming below 2˚C.

In 2016, the European Investment Bank exceeded its climate action target for the seventh year running, providing over EUR 19.5 billion to help mitigate climate change and adapt to its impact.


In 2016 the EIB financed EUR 19.5billion of climate action

Committed to climate action

Impact and projects

Discover some examples of how we are helping fight climate change all over the world:

Innovative climate finance to cut risk

The wind farm at Langmarken, Sweden, will be quite unique. Not because of the turbines – manufactured by Denmark’s Vestas, they will be much like any other when construction is completed. It’s the financing of the 23 MW onshore facility that is innovative. By sharing risk the EIB draws private money to climate finance projects alongside public funds.



Transport takes low-carbon development route

When city populations grow quickly, transport infrastructure can become overcrowded and unsafe, and air pollution rises as well as emissions of CO2. The Lucknow Metro will counter those effects by boosting the share of its population using public transport to 27% from 10%. The EIB’s EUR 450m loan for the first 23 km of the line is the Bank’s biggest ever in India.



Climate action: supporting small islands

Small islands are among the most vulnerable to the effects of climate change. Explore in this interactive map how the European Investment Bank is helping them adapt to climate change and mitigate its effects.



Flood protection in Madagascar

In spring 2015 the extreme weather conditions severely damaged the dykes in Antananarivo, the capital of Madagascar, that were supposed to keep the population safe. Now, a EUR 40 million loan by the EU bank is helping to reinforce this key infrastructure.



Climate action and our investment projects

In every project we do, climate change impacts are carefully considered. Read about how we integrate climate change issues in our appraisal of investment projects.


Together on climate

As the EU bank, the European Investment Bank works with companies, think-tanks, not-for-profit organisations, public authorities and other international financial institutions to put EU climate goals into practice both outside and inside Europe. Discover how.


In the spotlight

Our climate strategy

Our climate strategy

All of our climate action work aims to put EU climate policy objectives into practice and is guided by our climate strategy.

10 years of EIB's Climate Awareness Bonds

10 years of EIB's Climate Awareness Bonds

10 years ago, the European Investment Bank pioneered the Green Bonds market. Discover in images some of the projects financed and what difference Green Bonds can make for a healthier planet.

EIB and COP

EIB and COP

The EU bank is playing a key part in making the Paris agreement a reality. We have committed to increase our lending for climate action in developing countries to 35% of total lending by 2020.

Climate finance pioneer

We are partnering with others to unlock further investment in climate and environmental projects.

We finance large projects with direct project loans whereas we support smaller projects indirectly, through credit lines to local banks or other intermediaries, and we finance programmes of investments through our urban programme loans. We complement our traditional lending with innovative finance products:



EIB’s internal carbon footprint

In addition to measuring the carbon footprint in all our investment projects, we are also committed to reducing our own carbon footprint as one of our corporate responsibility objectives.


Environment

We back projects that protect the environment our children will live in while we innovate to make their future more prosperous. In line with our responsible approach to investment, environmental concerns are reflected in all our projects.

In 2016, the EU bank financed EUR 16.9 billion in projects for our natural and human environment, which includes biodiversity, clear air, clean water, sustainable transport, renewable energy and energy efficiency.




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