Increasing the impact of business investment
The EIB agreed EUR 2.95 billion of new direct and indirect financing to support business investment.
This includes support for corporate innovation in Austria, Germany and Spain, large-scale tourism investment in Croatia and a new programme to increase automation and digitalisation of Poste Italiane.
The EIB agreed to finance local financing programmes to accelerate energy efficiency and small scale renewable energy projects in Germany, Spain and Brazil and reduce energy use by industry in Paraguay.
Separate schemes will finance youth employment in Spain and small scale corporate innovation in the Netherlands, as well as help companies in Estonia, Latvia, Lithuania, Belarus and Egypt to expand.
The EIB will contribute to three regional equity funds that will enable high-impact private sector investment to support economic development in Africa and the Caribbean.
Harnessing renewable energy and improving local energy infrastructure
The EIB approved financing to construct 4 new onshore wind farms near Poznan in Poland, to upgrade regional energy distribution in central Austria and to convert waste to clean energy in Hamburg.
Improving social and affordable housing and upgrading urban services
The EIB will support investment to increase the availability of affordable housing in the greater Paris region and Potsdam, Germany.
Small-scale urban investment in Bosnia and financing to improve public services across Germany, including dedicated local investment schemes in the states of Saxony and Brandenburg were also approved.
Enhancing education and research
The EIB agreed to support the expansion of Murcia’s university, Spain and the construction of a new university campus in Madrid.
EUR 5.4 billion of investment backed by the Investment Plan for Europe
Eleven projects approved by the EIB board today will be guaranteed by the European Fund for Strategic Investments (EFSI), the financial pillar of the Juncker plan.
Overview of EIB Energy Lending Policy consultation and draft policy
Overview of projects approved by the EIB Board
Overview of projects approved by the EIB Board of Directors following positive assessment by the EFSI Investment Committee