The European Investment Bank (EIB) has recently approved a substantial €3.6 billion in financing aimed at enhancing clean transport, energy, and innovation, while also focusing on upgrading water and sanitation in Africa.

In addition, the EIB's European Investment Fund (EIF) has committed €2.2 billion in transactions that support war-affected companies in Ukraine and invest in deep tech and cybersecurity through a pan-European venture capital fund.

Additionally, the EIB Group aims to bolster the Polish venture capital market and invest in early-stage technology transfer and deep tech initiatives in Spain.

EIB Group President Nadia Calviño highlighted the bank's commitment to addressing Europe's priorities amid global uncertainties, emphasizing the importance of financing key projects to enhance economic prosperity and resilience.

In 2024 alone, the EIB Group signed nearly €89 billion in financing for over 900 high-impact projects, significantly boosting Europe's competitiveness and security.

As part of its ongoing strategy, the EIB has approved an additional €1.1 billion for company investments, focusing on small business financing in Spain and Greece, as well as venture-debt financing for technology sectors like digital health and agriculture.

Over the past five years, the EIB has committed more than €11.5 billion to support the European automotive sector, which remains a major focus alongside energy innovation.

The financing package includes over €1 billion dedicated to low-emission transport initiatives in northern Europe and urban mobility improvements in Germany, reflecting the bank's commitment to sustainable development.

Moreover, a total of €1.4 billion has been allocated for large-scale energy and water infrastructure investments, which encompass projects in Poland, Latvia, Guinea, and Brazil.

The EIB is also focusing on housing initiatives, having approved funding for the construction of over 700 affordable homes in Czechia to enhance housing availability.

The EIB's financing strategy aligns with the Paris Climate Agreement, with nearly 60% of its annual financing directed towards climate-related projects.