First EIB Circular Economy Conference in Copenhagen
29 October 2018
More than 200 people gathered on 25 October 2018 at European Investment Bank’s first circular economy conference held in Copenhagen and organized by the EIB Institute. The conference brought together leading representatives and stakeholders from government, local authorities, industry and the financing sector to share knowledge and lessons learnt related to the following important areas: (1) plastics in the circular economy; (2) the circular bio-economy; and (3) the circular economy in cities.
In her opening remarks, EIB Vice-President Emma Navarro highlighted the EIB’s support to circular economy projects: “The future needs to be circular. It is an opportunity to combat climate change while making our economy more sustainable, create jobs and generate competitive advantages. The EIB provided EUR 2.1 billion of financing for circular economy projects during the last 5 years and we stand ready to do more through our lending and advisory services.”
The Vice-President also announced the creation of a working group with the main national promotional banks – KfW in Germany, CDC in France, CDP in Italy, ICO in Spain and BGK in Poland – to focus on the needs and potential of circular economy projects. She highlighted the publication of the new EIB Circular Economy Guide aiming to promote a common understanding of circular economy, and raise awareness about and promote circular solutions.
European Commissioner Karmenu Vella joined by video and stressed the need to curb the use of disposable single-use plastics. Other representatives from the European Commission presented the EU policies and strategies for circular economy and waste management in particular for plastics and construction waste.
The conference also highlighted a selection of projects across Europe, related to plastic upcycling, biofuel and bioplastics production, paper recycling and stories of circular initiatives from cities such as Copenhagen, Amsterdam and Kolding (Denmark).
As part of European Union-led efforts to help Central Asia mitigate the socioeconomic impact of the coronavirus pandemic and Russian aggression in Ukraine, the European Investment Bank (EIB) took part in the EU-Central Asia Connectivity Conference in Samarkand, Uzbekistan. EIB Vice-President Teresa Czerwińska opened the conference with a keynote address.
At COP, the EIB confirmed its intention to support Egypt’s green and sustainable transition, while also contributing to the country’s resilience to climate change over the period 2022-2030, including renewable energy projects, transport projects, water and food security projects.
83 innovative solutions have been selected to receive technical and financial implementation support under the EU for the Green Agenda in Serbia initiative. In response to four public calls, local governments, companies, scientific research institutions and civil society organisations throughout Serbia submitted their environmentally friendly plans aiming to accelerate the green transformation, climate action and job creation. The United Nations Development Programme (UNDP) is implementing the initiative with the financial support of the European Union and in partnership with Serbia’s Ministry of Environmental Protection, EIB Global, the Swedish embassy and the government of Switzerland.