Tackling global challenges together
“We all need to raise our game and inject new rigour and effectiveness into the way we operate together.
We must be prepared to abandon some of our long-held preconceptions about development.”
Werner Hoyer, President of the EIB
Guided by EU policy, including commitments to the Paris Agreement on Climate Action and to the United Nations Sustainable Development Goals, the EIB Group fosters sustainable growth within the EU and abroad. This approach drives all of our initiatives, products and activities.
At the EIB we believe that the need for multilateral action and effective support of development
and growth outside Europe has never been greater. Through our projects we aim at creating jobs and opportunity, a clean planet and a better quality of life for all of us.
What would you do with EUR 2500? Bushra al-Obaidi made a new life. Struggling to put food on the table for her family, she took a loan from the Microfund for Women and created a thriving handicraft shop in the centre of Amman, the Jordanian capital.
EIB President Werner Hoyer urges the heads of multilateral development institutions to meet and reaffirm their commitment to climate action
"The development goals will never be reachable if we do not mobilise the private sector more,” said EIB President Hoyer at the United Nations. “We are the natural partner for the UN in order to pursue the SDGs."
EIB President Werner Hoyer and IMF Managing Director Christine Lagarde signed a Letter of Understanding to pool their expertise and experience to promote sustainable economic development, financial stability and inclusive growth in Africa. The EIB will support the IMF's capacity development activities by contributing EUR 3 million until the end of 2020.
The EIB’s Economic Resilience Initiative aims to support economic resilience in the Southern Neighbourhood and the Western Balkans by upgrading and developing social and economic infrastructure and stimulating growth and job creation.
Boost Africa, a joint initiative between the African Development Bank and the European Investment Bank, seeks to harness the continent’s potential and create opportunity for entrepreneurs on the ground.
In the media
As the bank of the European Union, the EIB started its work in Africa back in 1963 and since then a lot has changed. Supporting Africa’s increasingly prevalent mobile infrastructure and digital connectivity is crucial to help build networks and strengthen links.
Speaking at the 2017 Spring meetings, EIB President Werner Hoyer says in this Devex video interview: “We will never be able to reach our climate goals or the sustainable development goals if we do not mobilise more private funds.”
At the CEDRE conference organised in Paris, EIB President Werner Hoyer announced that Lebanon would receive up to EUR 800 million of support to public investments by 2020.
EIB is backing Devex’s Going for Goals campaign - Join the conversation
The EU bank in collaboration with partner institutions is ensuring climate considerations are mainstreamed into everything we do from our projects to the running of our organisation.
Institutions and MDBs across the globe have pledged to integrate gender equality into every aspect of the way they operate, the EIB is one of these.
The EIB is already delivering on sustainable and innovative infrastructure. With MDB partners we can achieve even more!