Region: Europe and Central Asia
Country: European Union
Keywords: Climate Smart
The European Union is at the forefront of the global fight against greenhouse gas (GHG) emissions and to adapt to a changing climate. It plays a leading role in implementing the Paris Agreement. The EIB Group places sustainability at the heart of these EU initiatives.
The European Investment Bank is one of the world’s largest multilateral providers of finance for projects supporting climate action. It mission is to play a leading role in mobilising the finance needed to achieve the worldwide commitment to keep global warming well below 2˚C, aiming for 1.5˚C.
As the EU's climate bank, it is also taking action to preserve natural resources and protect the environment for future generations. It invests in projects in over 160 countries by providing lending and advisory expertise. Our support acts as a catalyst to mobilise private finance by encouraging other public and private investors to match our long-term investment.
Updated: October 25, 2021