Circular Economy

The European Investment Bank (EIB) unveiled a new study today titled “Cutting plastics pollution – Financial measures for a more circular value chain”. The study analyses the inefficiencies of the plastics value chain and their solutions. It examines ten root causes of the plastic waste problem and identifies investment opportunities and policy measures that will help address the world’s growing plastic crisis.

The agreement paves the way for the territories and regions most affected by Europe’s transition to a climate-neutral economy to benefit from grants and loans under a Public Sector Loan Facility. This facility is part of the European Green Deal’s Just Transition Mechanism, which supports a fair shift away from fossil fuels while leaving no one behind, including communities that have relied on coal mining and polluting industries.

Today, the European Union reached a major milestone in the implementation of the InvestEU programme with the signature of the Guarantee and Advisory Hub Agreements between the European Commission, the European Investment Bank (EIB) and the European Investment Fund (EIF). The InvestEU programme is a key pillar of the European Union’s largest ever stimulus package to recover from the COVID-19 pandemic and help build a greener, more digital, and more resilient European economy.  It can also support the European economy in addressing new challenges arising from major uncertainties linked to the global and security outlook.