The Role of the EIB in the Green Transformation

The European Investment Bank (EIB) is an integral part of the European Green Deal, with […]

Policy Study

26/04/2021

The European Investment Bank (EIB) is an integral part of the European Green Deal, with the role of funding agency and advisor, with programs structured around the key area of focus of the European Green Deal and with a Climate Action Plan implying the EIB will be making 50% of their lending to climate change-related activities by 2025.

“The EIB Group needs not only to do better, but also – above all – need to do more financing, given the scale of the investment required to achieve the ambitious targets required for achieving the Green Deal, and specifically for the recently adopted target of reduction of at least 55% of GHG emissions by 2030!”

In this policy study, Stephany Griffith-Jones examines the context of the major green transformation that needs to take place and the challenge of implementation that this entails. The central idea is that instruments must be deployed in ways that maximize their development impact. Thus, the EIB, like all public development banks has a double mandate. Its main aim should be to maximize sustainable and inclusive development impacts (including economic, environmental and social impacts) while maintaining some financial profits or avoiding financial losses .


Read the Policy Study

It firstly considers the context in which the EIB needs to operate, including what needs to take place in the framework of the European Green Deal and aligning to the Paris target with reference also to the major additional challenges posed by the COVID-19 crisis and the financing of companies. It also outlines the new roles and resources, which the EIB has been given to meet these challenges, and the central role the bank should play in the green transition.

Find all related publications
Publications
07/02/2023

The path towards a socially just Fit for 55 package

How have social elements of the Fit for 55 Package evolved in the context of the climate, energy, and cost-of-living crises?
25/01/2023

Progressive Yearbook 2023

Looking back to look ahead
11/01/2023

Promoting a just digital transition for workers

Recovery Watch series
10/01/2023

Systemic transformation or status quo?

Recovery Watch Series
Find all related events
Events
Upcoming
22/02/2023
Online (Expert meeting)

Social measures in the NRRPs

Recovery Watch series
Past
26/01/2023
FEPS HQ, Brussels

Progressive Yearbook launch 2023

Looking back to look ahead
07/02/2023
FEPS HQ, Brussels (Expert meeting)

The path towards a socially just Fit for 55 Package

FEPS Policy Study launch
Find all related news
News
07/02/2023

New study on how and why social issues have increased prominence during the EP negotiations

Progress towards inclusive economic transition but need for further improvements in terminology and framing of vulnerable groups
13/01/2023

New manifesto giving international impetus to Lula da Silva’s environmental policy

FEPS President, among the 50 scientists and former politicians from Brazil and Portugal who signed the manifesto
20/12/2022

How to make the best use of the Resilience and Recovery Fund

The first results of the Recovery Watch research project were presented to the Italian public in Rome on 15 December
15/11/2022

FEPS delegation at COP27

FEPS delegation was present at COP27, with the strategic objectives of mobilizing climate finance for […]
Find all related in the media
In the media

En Europe, le marché unique fête ses 30 ans, entre satisfaction et désillusion

by Le Monde 01/02/2023
'In Europe, the single market celebrates its 30th anniversary, between satisfaction and disillusionment' Le Monde article with an intervention by László Andor, FEPS Secretary General

Personalidades de Portugal e Brasil defendem parceria estratégica para o clima entre UE e Brasil

by Visão 12/01/2023
'Personalities from Portugal and Brazil defend EU-Brazil strategic partnership on climate' Visão's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy

UE e Mercosul: manifesto quer tornar o “clima estável” um bem da humanidade com força legal

by Público 12/01/2023
Público's article about the manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy

Luso-Brazilian manifesto wants to give international impetus to Lula’s environmental policy

by News Bulletin 09/01/2023
Manifesto signed by 50 personalities from Portugal and Brazil, including FEPS President Maria João Rodrigues, in support of Lula’s environmental policy