Journées des ventes caritatives à la BEI

The European Investment Bank (EIB) has signed a €150 million loan agreement with Helen Ltd, a leading Finnish energy company wholly owned by the City of Helsinki, to finance two new renewable energy projects in the district heating sector. The total investment amounts to €209 million, with the EIB contributing 72%.

The Water Sector Fund managed by EIB Global will provide €10 million in the Water Access Acceleration Fund (W2AF), managed by Incofin, a prominent global impact investment manager. W2AF is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve access to safe, affordable drinking water for underserved populations, mainly in Sub-Saharan Africa and South and Southeast Asia. The new initiative will provide 20 billion litres of safe drinking water by 2030. 

Nadia Calviño, President of the European Investment Bank Group has been participating in the 2024 Financing for Development Forum this week, at the United Nations in New York. The Forum which is organised by the United Nations Economic and Social Council (ECOSOC), is designed to bring together stakeholders to address the current global challenges and advance policies for financing long-term sustainable development priorities. This is President Calviño’s first visit to the United Nations since she took up her post in January.