The EIB Institute, the philanthropic and social impact arm of the European Investment Bank Group (EIB Group), has announced a donation of €750,000 to help alleviate the humanitarian suffering in Gaza, with a particular focus on medical aid and health-related support. The assistance will target those most in need following the Comprehensive Plan to End the Gaza Conflict, including children, who make up over half of the population in Gaza, and are disproportionately affected by the recent war.
The donation will support the delivery of lifesaving health and nutrition services, including screening and treatment for acute malnutrition in children, disease prevention, and essential care for pregnant and breastfeeding women and other vulnerable people. The €750,000 donation will be managed by Welthungerhilfe and CARE, two international non-governmental organisations (NGOs) with established local networks and logistics in Gaza. “This donation shows the EIB Group’s solidarity with the Palestinian people. In line with the EU’s support to deliver humanitarian aid, working closely with the UN agencies and international NGOs, we stand with those most affected. Delivering urgent medical and nutritional support through trusted partners,” said EIB President Nadia Calviño.
The EIB recently announced the signature of a €400 million financing facility with the Palestine Monetary Authority (PMA) to support the economic recovery and resilience of the Palestinian private sector. The operation is intended to improve access to finance for micro, small and medium-sized enterprises and Mid-Caps, which form the backbone of the Palestinian economy. The facility is a key component of the European Commission’s “Multiannual and Comprehensive Programme for Palestinian Recovery and Resilience”. With a total envelope of up to €1.6 billion over 2025–2027, the programme includes €620 million in grants to support the Palestinian Authority’s, €580 million for concrete projects fostering resilience and recovery in the West Bank and Gaza (when conditions allow), and the EIB’s Facility of €400 million loan guaranteed by the European Commission supporting the Palestinian private sector.
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