EIB approves € 7.5 billion for COVID-19 response and investment
June 12, 2020
The European Investment Bank (EIB) approved € 7.5 billion of new financing for projects across Europe and around the world. This includes investment to improve public health, hospital and elderly care facilities and dedicated new business lending programmes to support sectors most impacted by the COVID-19 pandemic.
The EIB Board also approved support for renewable energy, energy efficiency and biogas, and new clean transport investment.
The Board approved € 3.2 billion of new financing to support private sector and public health investment including a regional initiative to strengthen the public healthcare response to COVID-19 in Morocco, Tunisia, Egypt and Jordan, as well as Moldova, Belarus and Uzbekistan.