corporate_banner_en

Economic and Social Cohesion

Projects
Priorities
Innovation and skills
SMEs
Infrastructure
Climate and environment
EIB and COP
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
Risk capital operations
CAMENA climate action envelope
MED 5P
Organisation and staff
FAQ - FEMIP
EU Eastern neighbours
Cooperation with other institutions and organisations
Financing facilities
DCFTA Initiative
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
Boost Africa - empowering young African entrepreneurs
Investment Facility
Other initiatives
Activities
Asia and Latin America
Sectors
Agriculture, food and rural development
Digital economy
Education and training
Energy
Forestry
Health and life science
Regional development
Trans-European Networks
Transport
Urban agenda
Water and wastewater management
Projects to be financed
Recently approved projects
Breakdown by region
Breakdown by sector
Explanatory notes
Projects financed
Breakdown by region
Breakdown by sector
Multi-criteria list
EFSI project list
Project cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Operations evaluation
Process and methodology
EIB blog

Economic and Social Cohesion

The EU’s cohesion policy aims to help each region achieve its full potential, to bring about a convergence of living standards and prosperity across the EU. It is a policy of investment in job creation, competitiveness, economic growth, improved quality of life and sustainable territorial development. These investments support the delivery of the Europe 2020 strategy for smart, sustainable and inclusive growth.

As the EU bank, promoting economic and social cohesion is one of the priorities that guide us throughout our activities. We help to deliver growth, jobs and cohesion in Europe by supporting the implementation of EU regional policy.

In 2015, the EIB’s support for cohesion objectives within the EU accounted for 26.5% of 2015 lending.

Approach

Cohesion policy is implemented principally through the EU Structural and Investment Funds: the European Regional Development Fund (ERDF), the European Social Fund (ESF), the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund.  By directing funds to the areas and sectors where they can make the greatest difference, cohesion policy aims to reduce the significant economic, social and territorial disparities that still exist between Europe’s regions. As the EU bank we often co-finance projects alongside EU funds and help to attract other investors to maximise the impact of our financing.

Funding for cohesion policy focuses on strategic areas such as:

• supporting small and medium-sized businesses
• promoting research and innovation
• investing in a cleaner environment, energy efficiency and tackling climate change
• backing strategic infrastructure, including improving access to digital technology to boost links to remote regions

Developing the West Pomerania region

Click to play the videoPlay the video

How a EUR 64 million framework loan from the European Investment Bank helped the West Pomerania region in Poland improve transport safety, upgrade its health services and protect the cultural heritage. 


Athens metro on-going upgrades

We have provided a total of EUR 1.5bn to co-finance the on-going development of the Athens metro. This investment has helped take an estimated 200 000 cars off the road each day and has improved growth potential and quality of life.




Products

Our loans help public and private sector borrowers in less prosperous areas of Europe to implement projects that do not only make commercial sense, but also bring benefits to society as a whole, raising living standards and creating jobs. Through a mixture of loans and advisory services, the EIB plays a critical role in addressing regional economic imbalances and raising living standards across the EU.



 Print