European Investment Bank green financing rose 51% to €27.8 billion

The European Investment Bank is one of the world’s main financiers of climate action and environmental sustainability.

According to EIB Group; The decade 2021-2030 is critical to address our planet’s climate and environment emergency. To achieve this, trillions of investment are required.

The European Investment Bank stated that;    We must: Limit global warming to 1.5°C above pre-industrial levels by the end of this century,

• adapt to the unavoidable impacts of climate change
• combat environmental degradation,
• halt biodiversity loss, and
• stop widening inequalities.

The European Union is at the forefront of the global fight against climate change and environmental degradation. With the European Green Deal, the EU aims at making the European economy sustainable and inclusive. The EIB is an important partner in this new growth strategy, while playing a leading role in the implementation of the Paris Agreement and the Sustainable Development Goals.

We put sustainable development at the heart of our activities. All our projects must meet our Environmental and Social Standards, with social development considerations increasingly mainstreamed in everything we do.