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    As one of the world's biggest providers of climate finance, the European Investment Bank, the EU’s climate bank, participated in the United Nations Climate Change conference COP27 in Sharm El-Sheikh from 6 to 18 November 2022.

    At COP27, countries, companies, financial institutions and civil society came together to affirm their will to tackle the climate challenge through concerted and collaborative action.

    EIB President Werner Hoyer and Vice-Presidents Ambroise Fayolle and Gelsomina Vigliotti confirmed the EIB Group's unwavering commitment to investing in support of the swift decarbonisation of our economies.

    Our highlights from COP27

      Read the EIB Media advisory for more information on our participation at COP27.

    Livestreams

      Replay the recording of past events.

    Key events

    Find below a selection of our key events in the margins of the COP27 summit.

    14 November

    • Bending the curve on environmental degradation and biodiversity loss: from science to finance - with EIB Vice-President Ambroise Fayolle, 08:30-10:00 GMT+1
        Watch the recording
        Read the press release
        Download the EIB Environment Framework
    • Accelerating gender-smart climate finance - with EIB Vice-President Ambroise Fayolle, 10:30-12:00 GMT+1
    • A sea of opportunity – water and climate change in the Caribbean - with EIB Vice-President Ambroise Fayolle, 14:00-15:30 GMT+1
        Watch the recording
    • 5th High-Level Ministerial Dialogue on Climate Finance - with EIB Vice-President Ambroise Fayolle, 14:00-17:00 GMT+1
        Read the speech
    • Supporting a just transition globally: an emerging approach from the EU Climate Bank - with EIB Vice-President Ambroise Fayolle, 16:30-18:00 GMT+1
        Watch the recording
        Read the press release

    15 November

    • Supporting cities in preparing climate action projects, 14:30-16:00 GMT+1
        Watch the recording

    16 November

    7 November

    8 November

    • Blue Economy Mediterranean Partnership and a Blue Mediterranean Fund for the Mediterranean region - with EIB President Werner Hoyer, 09:00-10:00 GMT+1
        Watch the recording
        Read the press release
    • Multilateral Development Banks' contribution to Nationally Determined Contributions (NDC) and Long-Term Strategy (LTS) Facility - with EIB Vice-President Ambroise Fayolle, 12:00-13:30 GMT+1
        Watch the recording
    • Promoting Climate Change Education - with EIB President Werner Hoyer, 13:15-14:30 GMT+1
    • Driving investments for Climate in Africa: financing a green & just recovery through Global Gateway - with EIB Vice-President Ambroise, 15:00-16:00 GMT+1

    9 November

    • Launch of the Africa Green Infrastructure Alliance - with EIB Vice-President Ambroise Fayolle, 10:00-11:30 GMT+1
    • Africa’s Extraordinary Green Hydrogen Potential - with EIB Vice-President Ambroise Fayolle, 14:30-15:00 GMT+1
    • Private sector mobilisation and innovative finance and launch of EMCAF fund Alcazar II - with EIB Vice-President Ambroise Fayolle, 16:30-18:00 GMT+1
        Watch the recording

    10 November

    • The contribution of European Venture Capital, Private Equity and Infrastructure Funds to the EU green deal - with EIB Vice-Presidents Ambroise Fayolle and Gelsomina Vigliotti, 14:30-16:00 GMT+1
        Watch the recording

    12 November

    You can also check the full agenda of the events in the EIB/Benelux pavillion and in the Joint MDB pavillion.

    Top stories

    COP27: EIB will strengthen support for just transition projects across the world
    The European Investment Bank (EIB) pledged to expand its range of financing tools for projects aimed at supporting a just transition to a climate-neutral economy across the world. EIB Global, the EU lender’s dedicated arm for outside the EU, will adopt its comprehensive strategy in early 2023, unveiling new instruments, which will back an equitable decarbonisation that leaves no one behind.
    Egypt: EIB announces new support for green transition
    At COP, the EIB confirmed its intention to support Egypt’s green and sustainable transition, while also contributing to the country’s resilience to climate change over the period 2022-2030, including renewable energy projects, transport projects, water and food security projects.
    COP27: EIB presents framework to support environmental sustainability
    The European Investment Bank (EIB) has launched its environment framework to support environmental sustainability projects globally, thereby pursuing a green, resilient, equitable and inclusive development approach. The framework was launched during the COP27 United Nations climate conference in Sharm el-Sheikh, Egypt. You can watch the event here.
    COP27: EIB Global and AllianzGI announce $100 million for renewable energy projects
    The Emerging Market Climate Action Fund (“EMCAF”) has announced today a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for outside the EU of the European Investment Bank (EIB) Group, which provides $75 million to the fund.
    Climate change is the biggest global threat, young people in Africa and Europe tell EIB, Debating Africa and Debating Europe
    The European Investment Bank is partnering with the citizen-engagement platforms, Debating Africa and Debating Europe, on a focus group project asking 100 young people, aged between 18-35, about their concerns around some of the major challenges facing the world today.
    Digital conversations @ COP27
    Discover exclusive insights on the progress of COP27 from members of our delegation in our Digital conversations series.

    Curious about the green transition?

    Dig deeper into our climate action work

     

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    Documenting climate action

    We support projects that can make a difference across the world. Watch how in our video gallery.

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    COP27 resources