Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The meeting focused on the EIB’s approach to addressing climate and environmental emergencies and its support for investments that contribute to achieving the UN Sustainable Development Goals. The meeting was a part of the bank’s stakeholder engagement and transparency policy, which has been in place since 2011, and provides an opportunity for civil society representatives to have a frank and constructive exchange with the bank’s leadership and governing bodies.

(PRESS RELEASE) LUXEMBOURG, 3-May-2023 — /EuropaWire/ — The European Investment Bank (EIB), the lending arm of the European Union, held a meeting on 2 May to discuss how the Bank can better respond to global challenges, including climate change, environmental degradation, poverty and conflicts. The meeting, which took place at the Bank’s Luxembourg headquarters, brought together representatives from civil society, environmental groups, and development experts to discuss the work of EIB Global, the Bank’s arm for development. The meeting also focused on the EIB’s approach to addressing climate and environmental emergencies and supporting investments that contribute to achieving the UN Sustainable Development Goals.

“The European Investment Bank greatly values the close cooperation and continued engagement with civil society to increase our impact as the EU Bank. Yesterday’s in-depth discussions between the EIB’s Board of Directors and representatives of civil society organisations build on regular policy dialogue.  Exchanging experience and insight is vital to make sure that the projects we finance answer the needs in the different countries where we operate.” said Werner Hoyer, President of the European Investment Bank.

This event is a key pillar of the Bank’s stakeholder engagement and Transparency Policy. Since 2011, these seminars provide an invaluable opportunity for civil society representatives and the Bank’s leadership and governing bodies to have a frank, open and constructive exchange.

The civil society meeting followed recent engagement with stakeholders during public consultations to guide future EIB financing for transport, energy, and environmental and social sustainability standards.

In 2020, the EIB Group provided €72 billion for new investment across Europe and around the world.

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Richard Willis
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+352 4379 – 82155

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SOURCE: European Investment Bank