engage with Member States through Energy Finance Workshops to identify how our lending can be at its most effective in supporting national energy and climate plans;
provide extra support via our Energy Transition Package to those Member States or regions with a more challenging transition path.
Energy lending around the world
The EIB supports the drive for net zero emissions outside the EU, contributing to the Sustainable Development Goal 7 for universal access to reliable and modern energy by 2030.
There is an urgent need to shift gears in terms of energy investment to meet these objectives. In order to reach Net Zero Emissions by 2050, annual investments in clean energy need to triple.
The EIB is active globally and supports the EU’s leadership on energy and climate. The priorities of the EIB in the energy sector are the same inside the European Union and around the world, as defined by our Energy Lending Policy.
In order to close the gap in access to energy, we support many developing countries by providing investment for transmission and distribution projects that are not keeping pace with investment in the generation and the deployment of mini-grid and off-grid solutions.
The Bank operates in the framework of lending mandates, in particular the EU Neighbourhood, Development and International Cooperation Instrument (NDICI) programme that focuses on Africa and the EU Eastern Neighbourhood. The Bank continues to provide technical assistance for project development and is strengthening its activity through EIB Global, its dedicated arm for development finance, climate action and innovative investments. Our activities around the world focus on achieving the Sustainable Development Goals and the objectives of the Paris Agreement.