The European Investment Bank
Financing the Global Energy Transformation: Green Bonds
Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon economy,…
AUSTRIA WIND POWER: Local farmers grow their own energy
A small Austrian town fights climate change with an innovative partnership of small, local entrepreneurs. The small town of Bruck an der Leitha 45 kilometers southeast of Vienna is at the forefront of Austria’s drive for renewable energy. Its latest…
EU invests €20 million for expansion of solar film manufacturing facility in Germany
The European Investment Bank announced last week a €20 million loan agreement with German-based Heliatek, a world leader in the production of organic photovoltaic devices and solar films. The EU-funded loan, part of an €80 million financial package raised by…
Investment Plan for Europe: EIB support Helsinki’s “second city centre”
The European Investment Bank (EIB) has signed a loan agreement with YIT of Finland, in support of energy efficiency in an urban development project in Helsinki. The loan is guaranteed under the European Fund for Strategic Investments (EFSI). “We are…
The EU Urban Agenda Toolbox
Over 70% of Europeans live in urban areas, and 55% of public investment is made by regional or local governments. The European Investment Bank works on a range of Urban Agenda-related initiatives to share knowledge with local and regional decision-makers…