Press secretariat

Multilateral development banks (MDBs) including the European Investment Bank (EIB) increased climate finance to record levels in 2025, reinforcing their role in supporting climate-resilient and sustainable economies. Climate finance by MDBs in low- and middle-income countries jumped 21% from the previous year to an all-time high of $103 billion while MDB climate finance across all countries of operation rose 19% to a record $163 billion.

The European Investment Bank (EIB) is providing €450 million to Austrian integrated energy, fuels and chemicals company OMV to build a large-scale green hydrogen production facility in Bruck an der Leitha in Lower Austria, supporting industrial decarbonisation, Europe’s clean technology leadership and a more secure energy system. The loan represents the EIB’s largest-ever investment in Austria’s energy sector and covers nearly three-quarters of the projected €600 million investment cost. The green hydrogen plant is already under construction and is expected to commence operations by the end of 2027.

The European Investment Bank (EIB) and AIMAG S.p.A. have signed a new €50 million financing agreement to support the multiutility’s multiannual investment programme in integrated water services in the province of Modena, benefiting around 200 000 people. The agreement, backed by InvestEU, the European Union’s investment programme through which the EIB Group has already invested more than €6 billion in Italy, was announced today by Gilles Badot, Director of Public Sector Operations at the EIB, and Gianluca Valentini, General Manager of AIMAG.