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    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.

    Please note: The priority area “Innovation and skills” is evolving into “Innovation, digital and human capital.” The page will reflect these changes shortly.


    Download the EIB Innovation Overview 2020  

    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.


    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: