EIB and EIF Approve €9.2 Billion Package to Drive Housing Innovation, Healthcare, and Global Development

EIB and EIF Approve €9.2 Billion Package to Drive Housing Innovation, Healthcare, and Global Development

(IN BRIEF) The EIB and EIF have approved €9.2 billion in financing to boost Europe’s innovation and sustainability agenda, including a landmark €400 million HousingTech initiative to revolutionise the construction industry and enhance affordable housing. The EIF also invested in Europe’s first paediatrics-focused venture capital fund, aiming to turn advanced research into lifesaving child healthcare solutions. Additional projects will strengthen energy, water, and transport systems across Europe, while international operations will support SMEs in Ukraine and promote infrastructure and energy development in Africa, Brazil, Serbia, and Iceland. The week also featured the EIB’s annual Civil Society Seminar, highlighting collaboration on Ukraine and global sustainability efforts.

(PRESS RELEASE) LUXEMBOURG, 23-Oct-2025 — /EuropaWire/ — The European Investment Bank (EIB) and the European Investment Fund (EIF) have jointly approved a total of €9.2 billion in new financing to strengthen Europe’s innovation ecosystem, with a strong focus on affordable housing, healthcare, energy security, and sustainable infrastructure. The approvals mark a major step toward accelerating the EU’s green, digital, and social transformation agenda.

Among the initiatives endorsed, the EIB Board has launched a €400 million HousingTech programme — the first of its kind in Europe — to support mid-cap and large companies driving technological innovation in the housing and construction sectors. The initiative aims to advance industrial and engineering breakthroughs that improve housing quality, enhance sustainability, and reduce construction costs through new materials, advanced manufacturing, and cutting-edge building methods. The HousingTech initiative is a key element of the EIB Group’s Action Plan for Affordable and Sustainable Housing, which seeks to mobilise over €4 billion in financing for affordable housing by 2025.

“Quality healthcare and access to better homes are fundamental to the European way of life,” said EIB Group President Nadia Calviño. “This week’s approval of the breakthrough HousingTech initiative demonstrates Europe’s determination to deliver tangible improvements for citizens while reinforcing innovation and competitiveness across industries.”

Complementing this, the EIF Board has approved an investment in Europe’s first venture capital fund focused on paediatrics, marking a milestone for the health innovation landscape. The fund aims to bridge the gap between academic research, children’s hospitals, and biotech entrepreneurship, helping to translate pioneering research into life-changing therapies for children with unmet medical needs.

The Boards also cleared 13 additional TechEU operations, reinforcing the EU’s largest innovation financing programme. The first TechEU wave focused on the Clean Industrial Deal, while this second phase prioritises housing and construction technology as part of Europe’s industrial renewal.

In addition to the flagship HousingTech and paediatrics initiatives, the EIB approved new financing for:

• Affordable housing projects in Germany
• A new hospital in the Netherlands
• Wind energy projects in Germany and Portugal
• Water infrastructure in Italy and Lithuania
• Sustainable transport in Poland

Beyond Europe, the EIF approved a €200 million initiative to support SMEs in Ukraine, providing crucial liquidity and stability to local businesses amid the ongoing conflict. The EIB Board also endorsed new funding for private sector development in Africa, water projects in Brazil, energy networks and hospitals in Serbia, and geothermal energy development in Iceland — expanding the Bank’s global development footprint.

Earlier in the week, the EIB Board held its annual Civil Society Seminar, attended by nearly 100 representatives from NGOs and civic organisations. Discussions focused on EIB’s lending in Ukraine, cooperation with multilateral development banks, and global partnerships for sustainable growth.

Background information  

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. The EIB finances investments in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, a stronger Europe in a more peaceful and prosperous world and Europe’s capital markets union.

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.

Approximately half of the EIB’s financing within the EU targets cohesion regions, where per-capita income is below the EU average, while almost 60% of annual EIB Group investments support climate action and environmental sustainability.

High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.

Media contact:
Bruno Hoyer
b.hoyer@eib.org
+352 4379 – 83045

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SOURCE: European Investment Bank