At a time of geopolitical shifts and rising uncertainty, the EIB Group’s role in addressing global challenges is more relevant than ever.
Our focus is on delivering tangible results on the ground through win-win partnerships.
As a multilateral development bank owned by the EU Member States, the EIB Group is a key part of what Europe brings to the world: economic stability, reliability, and long-term commitment.
EIB Global’s achievements in 2024:
• €7.9 billion signed, supporting 102 projects around the world;
• 60% targeting climate action and environmental sustainability;
• €6.7 billion supporting Global Gateway;
• 28% of projects contributing significantly to gender equality. The projects financed in 2024 will have a tangible impact, contributing to the UN Sustainable Development Goals (SDGs):
• 1.8 million people with access to safe drinking water;
• 7.1 million households supplied with clean electricity;
• 800 000 jobs sustained in smaller companies;
• 600 000 people benefiting from improved health services.
Our commitment to Ukraine’s reconstruction and preparations for EU accession is unwavering, with more than €2.2 billion disbursed since the start of the full-scale Russian invasion. This is rebuilding more than 100 schools and hospitals as well as repairing water supplies, heating, transport and other vital infrastructure.
EIB Global is aligned with EU priorities:
• It supports Ukraine’s resilience and reconstruction, EU enlargement, Global Gateway, the green transition and the UN Sustainable Development Goals; building bridges in the EU neighbourhood and around the world that reflect the mutual interests of the European Union and partner countries.
• It finances investments in secure and efficient trade links and supply chains, green energy and climate adaptation, food security, digital connectivity, resilient water and transport infrastructure, jobs, gender equality, education and health.
• It works with Member States and the European Commission to combine the advantages of an AAA-rated institution with lending for strategic high-impact investments, including in higher-risk contexts. It uses mandates and blending to achieve necessary concessionality, respect debt sustainability frameworks and offer advice and technical assistance that make projects a success.
Key to the effectiveness of EIB Global is the rigorous assessment and reporting on its impact throughout the project cycle. This report provides detailed information on:
• results expected for new projects and how they support the SDGs;
• the EIB’s contribution to making these projects a success;
• results achieved by the projects completed in 2024;
• in-depth impact assessments and our contribution to enhanced macro-modelling of our economic impact.
EIB Global also continues to take steps to enhance its impact:
• aligning with EU standards and values by following a policy-first approach, continuously engaging with the European Commission and EU delegations on the ground;
• tailoring its offering to the needs of partners, blending loans and grants to ensure concessionality and debt sustainability, and innovating with products like climate-resilient debt clauses and debt-for-climate swaps piloted in 2024;
• providing technical and financial advice to clients to help get projects off the ground, enhancing project quality and facilitating the adoption of EU standards;
• working in partnership through Team Europe and with the other multilateral development banks to improve synergies and impact, including through the Mutual Reliance Initiative.
In 2024, EIB Global initiated a new strategic orientation to:
• align with evolving EU objectives to create win-win economic and political partnerships;
• offer more distinctive products to clients, with increasingly integrated investment packages;
• simplify processes and become more focused, seeking efficient solutions that build on the EIB’s strengths.
With a renewed focus on partnership, impact and efficiency and a targeted geographic approach for strategic alliances, EIB Global can step up its contribution to a strong Europe in a more prosperous, sustainable and peaceful world.
Read full report here.
Compliments of the European Investment Bank – a Platinum Member of the EACCNY