Innovation and skills

The climate crisis, ageing and growing populations and dwindling resources urge us to transform the way we live, learn, work and produce. Innovation and technology are crucial to make this transformation happen.

Innovation is also key to economic growth and employment. It drives prosperity and the EU’s competitiveness. Emerging technologies such as artificial intelligence, quantum computing and advanced manufacturing will have a profound impact on employment and the economy.

Download “EIB Innovation Overview 2020”, for more details about the EIB Group’s activities and partnerships in the sector, including key projects.

Climate in everything we do

The European Investment Bank has been the EU's climate bank for a long time. In order to reduce the consequences of the climate crisis for us and generations to come, nearly all greenhouse gas emissions must be eliminated by the middle of this century. This will require a radical transformation of our energy systems. The EIB is fully committed to backing companies that develop cutting-edge technologies to address climate change.

  • Elcogen, a company in Estonia, develops technology that efficiently and cheaply converts fuel into energy that can be used for residential and industrial power generation systems.
  • In Sweden, Northvolt intends to build the world's greenest battery, with a minimal carbon footprint and the highest ambitions for recycling, to enable the European transition to renewable energy.
  • The EIB also supports the development of breakthrough wind energy technology in Portugal. The company Windplus will install a floating wind farm, located off the Viana do Castelo coast.

Highlights

We support projects that promote innovation all over the world. Discover more

Tailored support for your project

The EIB partners with other public and private investors to unlock further investment in innovative projects.

We complement our traditional lending with innovative finance products: