In 2019 the EIB Board of Directors approved a new set of ambitious targets for climate action and environmental sustainability. The three key elements are:
- The EIB Group will support €1 trillion of investments in climate action and environmental sustainability in the critical decade from 2021 to 2030;
- The EIB will gradually increase the share of its financing dedicated to climate action and environmental sustainability to exceed 50% of its operations in 2025;
- The EIB Group will align all its financing activities with the principles and goals of the Paris agreement by the end of 2020.
The EIB Group has created a Climate and Environment Advisory Council, consisting of leaders from academia, business, civil society and international organisations. The Advisory Council will provide independent advice and expertise on the activities that the EIB Group is carrying out to reach its climate action and environmental sustainability ambitions. Among the topics covered, focus will be on the Climate Bank Roadmap and on our activities to support adaptation to the impacts of climate change, as well as the EIB Group Paris Alignment for Counterparties framework. Find out more.
A plan for the future of the planet
The EIB Group Climate Bank Roadmap 2021-2025 will guide our ambition. It is the result of various rounds of engagement with civil society and other stakeholders.
The Roadmap outlines our bold ambitions for climate finance to back the European Green Deal and make Europe carbon-neutral. It maps the next stages in the journey to sustainable investment and provides a framework to counter climate change and protect the environment during the critical decade ahead.
Download the Climate Bank Roadmap
Read the blog article about our Climate Bank Roadmap, outlining our bold ambitions for climate finance to back the European Green Deal and make Europe carbon-neutral
More on the stakeholder engagement