The European Investment Bank and Carbon Finance

EIB-sponsored carbon funds specifically focus on the less developed areas of the carbon market. They aim to help EU Member States and companies, as well as other institutions, to meet their carbon emission obligations under the Kyoto Protocol and the European Union’s Emissions Trading Scheme (ETS). They also help promoters in economies in transition and developing countries to raise finance for low-carbon investments. With different objectives, structures, regional focuses and participants, EIB-sponsored carbon funds have all been designed to extend market capacity and complement rather than replace private sector participants in the carbon market. EIB carbon funds also seek to anticipate market developments and promote confidence in regulatory developments, in particular for the period beyond 2012 and the Kyoto Protocol.

For additional information on the EIB and Carbon Finance, please visit the following websites:

The Multilateral Carbon Credit Fund (MCCF)

The Carbon Fund for Europe (CFE)

The EIB/Kreditanstalt für Wiederaufbau (KfW) Carbon Programme