Poverty, inequality, environmental degradation, climate change—the world faces enormous challenges. The European Investment Bank helps developing countries find innovative solutions to promote sustainable growth, reduce poverty and inequality, and improve lives.
For more than 50 years, the EIB has been the European Union’s international development bank. It’s important for the EU to have a bank that promotes its principles, values and objectives and contributes to stable growth in the countries beyond its borders. That’s because connections between the economies of Europe and the rest of the world are increasingly close, and events around the globe, such as forced displacement and climate change, can have a significant effect within Europe itself.
At the EIB, we believe international cooperation ensures that the interests of the poorest countries and people are at the centre of global decision-making and action. With our international partners, we are supporting a shift from aid to investment—and from poverty to prosperity.
Financing across the globe
Our key investments around the world help create stability, sustainable growth and fight climate change everywhere.
Over the last 10 years, our financing outside the European Union totals €69.6 billion, of which €21.8 billion has gone to Africa.
We work hard on the ground to ensure that our investments have a major impact. We fight deforestation and climate change. We create good jobs in rural areas and improve journey times on sustainable urban transport. We provide clean energy, clean water and sanitation. Our new projects outside the EU in the last five years (2014-2018) will result in
Our Economic Resilience Initiative and our migration package for Africa, Caribbean and the Pacific support the countries of origin, transit and destination of migrants from North Africa, the Middle East, the Western Balkans and Sub-Saharan Africa.
Our programmes advance these sustainable development goals:
For the past five decades, we have delivered EU investments in Africa and around the world.
We have built significant development expertise and an increasing set of banking instruments to support private sector development in fragile economies.
Sustainability Awareness Bonds: Boosting investment for the SDGs
Financial support from global investors and capital markets is essential, if we are to achieve the SDGs and improve people’s daily lives. The United Nations estimates it will take $6 trillion of new annual investment.
We issued our first Sustainability Awareness Bond in 2018 with a €500 million issue. These bonds support sustainable finance and build on our pioneering role in the creation of green bonds. The proceeds from the sale of Sustainability Awareness Bonds are invested in water supply, sanitation and flood protection, as well as sectors such as health and education