Latin America

Today the European Investment Bank Group (EIB Group), composed of the European Investment Bank (EIB) and the European Investment Fund (EIF), and Cassa Depositi e Prestiti (CDP), Italy’s national promotional institution, signed a renewed Memorandum of Understanding (MoU) aimed at deepening their strategic cooperation to support Italy’s long‑term development and the European Union’s policy objectives. The MoU was signed by EIB Vice‑President Gelsomina Vigliotti, EIF Chief Executive Marjut Falkstedt and CEO and General Manager of Cassa Depositi e Prestiti Dario Scannapieco in Luxembourg during the EIB Forum, in the presence of EIB Group President Nadia Calviño. The signing underscores the commitment of these institutions to strengthening their partnership at a key moment for Europe’s investment agenda.

EIB Global, the international partnerships and development arm of the European Investment Bank (EIB), announced a new €1 billion financing initiative to strengthen power grid integration and clean energy across Central America at the CELAC-EU (Community of Latin American and Caribbean States) summit in Colombia today. This financing is in line with the EU Global Gateway Investment Agenda (GGIA).

EIB Global, the international partnerships and development arm of the European Investment Bank (EIB), and Banco de Desarrollo del Ecuador (BDE) announced a $100 million framework loan to finance priority projects in water supply, wastewater and waste management at the EU-CELAC (Community of Latin American and Caribbean States) Summit in Colombia today. The operation aims to modernise infrastructure, extend services to underserved populations and support climate change mitigation and adaptation through efficient water systems and improved wastewater treatment. Further waste management investments, including separative collection, will enhance pollution prevention and control.