Vice-President Fayolle's areas of oversight include financing of environment, climate action and the circular economy, EIB Global (development policy together with Vice-President Östros; pre-accession policy is with Vice-President Kakouris), financing operations in France, Germany, the ACP countries (Africa and the Pacific – except the Caribbean States and the Community of Latin American and Caribbean States (CELAC), jointly with Vice-President Östros), OCTs and South Africa. Vice-President Fayolle also oversees relations with international financial institutions, coordination with multilateral development banks (MDBs), and relations with the International Monetary Fund (IMF), the World Bank (WB) and the European Central Bank (ECB).
EIB projects drive major net emissions reductions, annual Sustainability Report shows
The EIB today released its 2023 Sustainability Report, the results of which showcase its achievements in the areas of climate action and environmental sustainability. The report underscores the commitment of the European Investment Bank Group, which consists of the European Investment Bank and the European Investment Fund, to promoting sustainable development and inclusive growth through strategic investments and innovative projects in Europe and globally.