About EIB Cohesion Orientation 2021 - 2027
In October 2021, the EIB Board of Directors approved a new framework for the EIB’s cohesion action for the period 2021-2027. The new Cohesion Orientation lays the foundation for increasing climate action and environmental lending in poorer regions, fostering innovation and financing for the private sector and ensuring that EIB financing complements EU cohesion policy funds in the new seven-year EU budget.
By 2025, the EIB will aim to commit 45% of its total financing in the European Union to support projects in transition and less developed regions, of which 23% will back investment in Europe’s less developed regions. The EIB further committed to increase overall support for innovation and private sector development in these regions.