As a result of a new agreement between the European Commission and EIB Global, private project partners, small and medium-sized enterprises (SMEs) and financial institutions in EU’s partner countries will have access to €1.3 billion in funding to support infrastructure projects in clean energy and digitalisation. This new initiative is supported by a €362 million EU’s EFSD+ guarantee that will benefit companies and banks in the Western Balkans (€99 million), Eastern Neighbourhood (€30 million), Türkiye (€22.5 million) and the Middle East and North Africa (€ 210 million) over the next three years.