The Climate Bank of the European Union
The European Investment Bank (EIB) is the EU’s climate bank. Our climate strategy defines our mission: to play a leading role in mobilising the finance needed to keep global warming below 2˚C, aiming for 1.5˚C.
Since 2012, the EIB has provided €170bn of finance supporting over €600bn of investment in projects that reduce emissions, help countries adapt to the impacts of climate change and contribute to achieving environmental sustainability goals. This makes the EIB one of the world’s largest multilateral providers of finance for projects supporting these objectives.
The EIB raises the bulk of its lending resources through benchmark bonds issued in the international capital markets and the EIB is the largest multilateral borrower on global markets.
In 2007, the EIB pioneered the green bond market. The EIB has since raised over EUR 38bn in green and sustainability bonds across 17 currencies.