The Board of Governors of the European Investment Bank (EIB), comprised of European Union Finance Ministers, endorsed the Bank’s strategy to deliver on shared policy priorities, with increased financing and risk appetite, deploying its full potential to mobilise investments for energy autonomy, technological leadership and security and defence.
The Boards of Directors of the European Investment Bank (EIB) Group approved €7.9 billion in new financing to strengthen Europe’s technological leadership, critical infrastructure and global partnerships.
Climate action in emerging markets will get a boost as a result of the first financing agreement between the United Nations Green Climate Fund (GCF) and the European Investment Bank (EIB). The accord enables the GCF to commit €200 million to a new flagship European Union programme known as the Global Green Bond Initiative (GGBI).