Tag Archives: EIB

EIB Global Pioneers Just Resilience Approach for a Climate-Resilient and Equitable Future at COP28

(IN BRIEF) At the COP28 climate change conference, EIB Global, the development arm of the European Investment Bank (EIB), introduced its new approach to increase financing and advisory services in support of a just transition and just resilience worldwide. EIB … Read the full press release

EIB Group Partners with Mission Innovation to Advance Clean Energy Innovation Globally

(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and the European Investment Fund, has announced a partnership with Mission Innovation to promote clean energy innovation on a global scale. The collaboration aims to facilitate access … Read the full press release

UK Becomes Associated Country to Horizon Europe, Gains Access to Research and Innovation Funding

(IN BRIEF) Starting from January 1, 2024, the United Kingdom will officially become an associated country to Horizon Europe, the European Union’s research and innovation program. This milestone was achieved as the EU-UK Specialized Committee on Participation in Union Programs … Read the full press release

EIB and Development Bank of Rwanda Collaborate to Boost Sustainable Development with €20 Million Credit Line

(IN BRIEF) During the COP 28 summit in Dubai, the European Investment Bank (EIB) and the Development Bank of Rwanda (BRD) have formalized an agreement designed to promote sustainable development in Rwanda. The €20 million line of credit, accompanied by … Read the full press release

EIB and Ørsted Sign €400 Million Agreement to Boost Renewable Energy in Europe

(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release

EU Investment Bank Commits €25 Million to Boost Ukrainian Tech and SMEs

(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release

Global Green Bond Initiative and African Development Bank Partner to Foster Green Bond Markets in Africa

(IN BRIEF) A coalition of development finance institutions and multilateral organizations forming the Global Green Bond Initiative (GGBI) has established a strategic partnership with the African Development Bank to collaborate on technical assistance aimed at promoting green bond markets in … Read the full press release

EU-Catalyst Partnership Announces €240 Million Investment in Groundbreaking Green Tech Projects

(IN BRIEF) At COP28 in Dubai, Commission President Ursula von der Leyen, Bill Gates, Founder of Breakthrough Energy, and European Investment Bank President Werner Hoyer revealed the first two European projects selected for support through the EU-Catalyst partnership: Ørsted’s FlagshipONE … Read the full press release

EIB and HBOR Agreement to Provide Half a Billion Euros to Croatian SMEs and Green Projects

(IN BRIEF) The European Investment Bank (EIB) and Hrvatska banka za obnovu i razvitak (HBOR) have signed an agreement to allocate €500 million to support Croatian small and medium-sized enterprises (SMEs), mid-cap companies, and public-sector entities. The initial tranche of … Read the full press release

EIB Launches EU4Business Guarantee Facility to Boost SME Financing in Eastern Partnership Countries

(IN BRIEF) The European Investment Bank (EIB) Group has introduced the EU4Business Guarantee Facility, in collaboration with the European Investment Fund, aimed at supporting small and medium-sized businesses (SMEs) in Eastern Partnership countries, including Armenia. This initiative provides partial portfolio … Read the full press release

EIB Global Unveils Pioneering Climate Initiatives at COP28 in Dubai

(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release

ARCH Cold Chain Solutions Launches Groundbreaking Cold Storage Facility in Kenya to Tackle Food Waste and Ensure Safety Standards

(IN BRIEF) ARCH Cold Chain Solutions Fund has unveiled its flagship cold storage facility in Nairobi, Kenya, within the Tatu City Special Economic Zone. This state-of-the-art facility, the first of its kind in Africa, offers temperature-controlled storage and distribution for … Read the full press release

EIB and Banca Intesa Beograd Join Forces to Boost Green Investments and SME Growth in Serbia

(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release

EIB Provides €450 Million Loan to Iveco Group for Electric Mobility and Innovation

(IN BRIEF) The European Investment Bank (EIB) has approved a €450 million loan to Iveco Group, a global automotive leader, as part of a larger €500 million financing initiative. This funding aims to support the development of innovative technologies in … Read the full press release

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release

EIB Grants €34 Million Loan to Support Social Housing in Milan’s Sarpi District

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

EIB Grants €110 Million Loan to Billerud for Eco-Friendly Pulp and Paper Mill Upgrades

(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

EIB Global Grants €1 Million for Tirana’s Water Distribution Improvement

(IN BRIEF) EIB Global, the European Investment Bank’s arm for activities outside the EU, has allocated a €1 million technical assistance grant to aid the Tirana municipality in enhancing its water distribution network. The grant will support a project aimed … Read the full press release