The European Investment Bank (EIB) Board of Directors approved €16 billion in new financing to support Ukraine’s energy security and resilience, strengthen the green transition in Europe, drive competitiveness and urban development and reinforce global partnerships.
The shareholders of the European Investment Bank (EIB) Group, the EU Member States, approved a record-high financing ceiling of €100 billion for this year and new programmes to strengthen Europe’s competitiveness, technological leadership and security.
A fund created by the European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) to spur climate financing in emerging markets grew to €450 million with a final contribution from the German government. The closing size of the Emerging Markets Climate Action Fund (EMCAF) results from a €20 million top- up from Germany’s Kreditanstalt für Wiederaufbau (KfW) on behalf of the German Federal Foreign Office.