Luxembourg was amongst the earliest EIB donors. Since 2004, the country has committed a total of EUR 43 million to five different EIB trust funds. Luxembourg provides financial support to the FEMIP Trust Fund (FTF), the EU-Africa Infrastructure Trust Fund (EU-AITF) and the Economic Resilience Initiative Fund (ERIF). In 2017, Luxembourg and the EIB together launched the Luxembourg-EIB Climate Finance Platform (LCFP), a joint initiative aimed at financing high-impact climate action projects in developing regions. More recently, Luxembourg initiated the Financial Inclusion Fund (FIF), a new trust fund that seeks to enhance microfinance lending in developing countries.
Donor partnerships provide an effective vehicle for donors looking to deliver sustained impact in developing countries. They enable donors to work with the EIB to unlock projects with high socio-economic returns, reaching out to people and places with additional support for targeted development outcomes. EIB activities outside the EU account for around one third of EU development aid. All contributions to EIB donor funds are considered Official Development Assistance (ODA) eligible.