An EIB donor partner since 2004, Greece has contributed a total of €4 million to two EIB trust funds. The country is a contributor to the FEMIP Trust Fund (FTF) which fosters private sector development and infrastructure projects in the EU’s Southern Neighbourhood. Greece also provides grant support to the EU-Africa Infrastructure Trust Fund (EU-AITF), thereby promoting regional infrastructure projects in sub-Saharan Africa.
Donor partnerships provide an effective vehicle for donors looking to deliver sustained impact in developing countries. They also enable donors to work with the EIB to unlock projects with high socio-economic returns, reaching out to people and places with additional support for targeted development outcomes. EIB activities outside the EU account for around one third of EU development aid. All contributions to EIB donor funds are considered Official Development Assistance (ODA) eligible.
What does the energy crisis mean for urgent cuts to greenhouse gases and the transition to net zero? A boost for clean energy, but also possible delays in investment, volatility and inflation—and a still more important role for public banks