EIB backs €3.2 billion new financing for transport, COVID economic resilience and social investment

February 3, 2022
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The Board of Directors of the European Investment Bank (EIB) approved plans to further strengthen the EIB Group’s environmental and social policy.

“The EIB Group ambition is second to none when it comes to setting high social and environmental standards for all its projects. This week’s constructive discussions with leading civil society experts will help to further strengthen our commitment. The EIB Board confirmed our first group-wide environmental and social policy, underlining the EU Bank’s leadership in environmental and social sustainability, as well as in climate action”, said Werner Hoyer, President of the EIB.

The Board also approved €3.2 billion of new financing for 16 projects to support climate action, help businesses deal with the impact of the COVID pandemic and finance sustainable transport and education across Europe and around the world.

For more information

Press release

Countries covered:

  • Algeria
  • Egypt
  • Israel
  • Jordan
  • Lebanon
  • Libya
  • Morocco
  • Palestine *
  • Syria *
  • Tunisia