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The EIB - the EU bank
The EIB - the EU bank
November 2011     

Bringing wind power to Cape Verde

The small island state of Cape Verde is using wind power to boost its energy supply and establish wind as a reliable source of non-polluting renewable energy. The project was awarded the ‘Best Renewable Project in Africa’ prize at the Africa Energy Awards 2011 in Johannesburg.
Project Highlight

Building a better and more sustainable future is the driving force behind everything we do.”

Philippe Maystadt


Did you know?

The EIB is active both inside and outside the European Union. The Bank's lending totalled EUR 72bn, of which EUR 63bn in the European Union and EUR 9bn outside the EU in 2010.

EUR 20.5 billion

is the amount of funding in 2010 for projects contributing directly to the reduction of greenhouse gas emissions; that is nearly a third of EIB's total lending.


This film illustrates the EIB’s financing for renewable energy as one of the pillars of the Bank’s climate action.

Video of the energy challenges in the EU

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