EIF

The European Investment Bank (EIB) today released the extensive research conducted by the Vienna Initiative working group on climate change and financial stability, entitled Greening the financial sector: A Central, Eastern and South-Eastern European perspective.

The European Investment Bank (EIB) Climate Investment Report for 2022-23 (EIBIS Climate) shows that the rise in the share of firms engaging in climate action (including energy efficiency) accelerated in 2021, a post-pandemic rebound that is expected to continue. Over the last year, the share of European firms investing in climate has increased by 10 percentage points, reaching 53% on average. The increase has been particularly pronounced in regions such as Central and Eastern Europe (up 15 percentage points) and in small-medium enterprises (up 11 percentage points). Energy-intensive manufacturers have a stronger appetite for climate investments than non-energy intensive firms: 48% of them are currently investing, while 57% are planning to invest.

Discover EIB Group’s activities to support innovation and start-ups in Europe and grow the innovation ecosystem further