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European Investment Bank
New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?
Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times of repeated shocks”, presented by the EIB’s Chief…
Why Public Finance for Climate Matters
The Presidents of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), Odile Renaud-Basso and Werner Hoyer, appealed yesterday for urgent action on climate change, while comparing their complementary work on tackling it in their…
Protecting Fragile Marine Ecosystems
This year’s World Environment Day, officially celebrated on 5 June, focuses on ecosystem restoration, an important aspect of a healthy world. The EBRD’s work with the Northern Dimension Environmental Partnership (NDEP) shows how this can be successfully achieved. The Baltic…
Why Gender Has to be at the Heart of the Agenda for Green
Climate change is one of the defining challenges of our times, and women are disproportionately vulnerable to it and have an important role in addressing it. Tackling climate change effectively will require deep changes to how we live, work and…
EIB and IDF sign €50 million loan to support faster post-COVID recovery
Montenegrin small and medium-sized enterprises (SMEs) and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from a €50 million loan that the European Investment Bank (EIB) has signed today with the Montenegrin Investment and Development Fund…
European Investment Bank to Phase Out Fossil Fuel Financing
The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”. The bank will end its financing of oil, gas, and coal projects after…
European Investment Bank Commits €50 Million To Build 9 Spanish Wind Farms With 300 Megawatts Of Capacity
The European Investment Bank announced on Thursday that it would commit €50 million in loans to finance 9 wind power projects developed by the Spanish firm Forestalia Renovables which will be built in the Aragón region of Spain. With support…