The European Investment Bank is one of the world’s largest multilateral providers of finance for projects supporting climate action. Our mission is to play a leading role in mobilising the finance needed to achieve the worldwide commitment to keep global warming well below 2˚C, aiming for 1.5˚C.
As the EU's climate bank, we are also taking action to preserve natural resources and protect the environment for future generations. We invest in projects in over 160 countries by providing lending and advisory expertise. Our support acts as a catalyst to mobilise private finance by encouraging other public and private investors to match our long-term investment.
Climate action
Climate change is one of the greatest global challenges of our time. Immediate and coordinated action is crucial to overcome its effects. As the EU’s climate bank, we have made climate action one of our top priorities and today we are one of the largest multilateral providers of climate finance worldwide.
Today, we commit more than 25% of our financing to climate change adaptation and mitigation. We will gradually increase the share of our financing dedicated to climate action and environmental sustainability to reach 50% of operations in 2025 and beyond.
We are providing USD 100bn to climate-related projects in the five years from 2016 to 2020, as we help turn the COP21 ambitious Paris agreement into reality.
Learn more about climate action at the EIB
Environment
We back projects that protect the environment our children will live in while we innovate to make their future more prosperous. In line with our responsible approach to investment, environmental concerns are reflected in all our projects.
In 2019, the EIB financed €16.52 billion in projects enhancing environmental protection.
Learn more about our environmental activities