European Investment Bank (EIB)

📢 Top news this week: 🔵 Our Board of Directors approved 5.8 billion to support key energy and transport projects in Europe and beyond. The Board also held its annual seminar with Civil Society representatives. 🔵 President Nadia Calviño welcomed Grande-Duchesse Maria Teresa and Stand Speak Rise Up! co-founder Chébéka Hachemi to share their inspiring work in support of survivors of sexual violence in conflict. 🔵 We also announced new investments in: - Germany to support teledriven car-sharing services, announced by VP Nicola Beer; - Italy to scale up production of cutting-edge graphene, signed by VP Gelsomina Vigliotti; - Africa to fast-track vaccines for infectious diseases, unveiled by VP Thomas Östros at the World Health Summit in Berlin.   Find out more in the latest #1week1minute video ⤵️   #WeeklyDigest #NewsOfTheWeek

One of the biggest challenges in today’s cities is providing safe, efficient, and eco-friendly transportation. Vay, a German remote-driving company, is addressing this by allowing professional drivers to operate vehicles from remote stations.   Vay’s innovative approach not only solves urban mobility challenges, but also sets new standards in safety and efficiency by blending human oversight with cutting-edge technology.   Supported by the InvestEU programme, Vay can accelerate the development of its teledriving technology and expand door-to-door car sharing services across Europe and North America. The process is simple:   1️⃣ 𝐀 𝐫𝐞𝐦𝐨𝐭𝐞 𝐭𝐞𝐥𝐞𝐝𝐫𝐢𝐯𝐞𝐫 𝐛𝐫𝐢𝐧𝐠𝐬 𝐭𝐡𝐞 𝐜𝐚𝐫 𝐭𝐨 𝐭𝐡𝐞 𝐮𝐬𝐞𝐫'𝐬 𝐩𝐢𝐜𝐤-𝐮𝐩 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧.    2️⃣ 𝐓𝐡𝐞 𝐮𝐬𝐞𝐫 𝐝𝐫𝐢𝐯𝐞𝐬 𝐢𝐭 𝐥𝐢𝐤𝐞 𝐚𝐧𝐲 𝐨𝐭𝐡𝐞𝐫 𝐜𝐚𝐫.   3️⃣ 𝐀𝐟𝐭𝐞𝐫 𝐭𝐡𝐞 𝐭𝐫𝐢𝐩, 𝐭𝐡𝐞 𝐮𝐬𝐞𝐫 𝐞𝐱𝐢𝐭𝐬 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐩𝐚𝐫𝐤𝐢𝐧𝐠—𝐭𝐡𝐞 𝐭𝐞𝐥𝐞𝐝𝐫𝐢𝐯𝐞𝐫 𝐡𝐚𝐧𝐝𝐥𝐞𝐬 𝐢𝐭 𝐨𝐫 𝐦𝐨𝐯𝐞𝐬 𝐭𝐡𝐞 𝐜𝐚𝐫 𝐭𝐨 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐮𝐬𝐞𝐫.   We’re supporting Vay with a €34 million loan to help shape the future of urban mobility, fostering strategic partnerships in the automotive sector.   Learn more: https://bit.ly/Vay_driving

Emerging markets can be perceived ‘risky’. But with the right data it is easier to spot the GEMs. 💎👇   Together with 25 institutions, we release two publications providing more granular default and recovery statistics from over three decades of investing in development countries, offering further insights into emerging market credit risk.   🔵 The first publication covers the credit performance of lending to private and public counterparts.  🔵 The second publication provides default rates and - for the first time - recovery rates for sovereign and sovereign-guaranteed lending based on an expanded range of 40 years of data.   More info and link to the publications here 👉 https://bit.ly/GEMs24 #GEMs #EmergingMarkets #Data

Today, our Board of Directors has approved €5.8 billion in financing to support key projects across Europe and beyond: 🔵 €2.2 billion for clean energy and water infrastructure 🔵 €1.8 billion for urban development and education 🔵 €1.1 billion for transport improvements 🔵 €765 million for business innovation, with a focus on young entrepreneurs and green business The Board also held its annual seminar with civil society groups, to discuss priorities for investment, and how to increase the positive social impact of EIB’s operations. Read more about our investments➡️http://bit.ly/BoD_October

Engaging with diverse voices is key to shaping impactful and sustainable projects. Today, at our annual Board of Directors and Civil Society Seminar, this was clearer than ever. The event provided a vital platform to tap into the expertise of civil society and exchange insights on our shared challenges. Highlights of the event 👇 ✅ Vice-President Thomas Östros opened the session, emphasising how continuous dialogue with a broad spectrum of stakeholders enriches our approach to everything from climate action to healthcare. ✅ A fireside chat with EIB Global DG Andrew McDowell brought timely discussions on Ukraine to the fore, reaffirming our dedication to addressing urgent needs while maintaining the highest standards of transparency. ✅ Director General Laura Piovesan echoed this sentiment, highlighting that to finance impactful, nature-positive projects, we must harness partnerships and local expertise, even for initiatives that may not initially seem viable. A standout example is our collaboration with WWF Greece on nature-based flood protection solutions. ✅ Closing today’s seminar, President Nadia Calviño outlined our commitment to listening to stakeholders: "We are an open-minded institution, as transparent and accountable as possible. We work for each & every EU citizen and their voice in the world. Together, we are unstoppable." By working closely with civil society organisations, we can develop and implement effective policies and tools where they are needed most. Our shared goal remains finding the right solutions amidst geopolitical challenges, as we continue to listen, learn, and strengthen our dialogue. Thank you to all participants for a very open and constructive discussion today! #Sustainability #CivilSociety #EuropeanInvestmentBank

Survivors of wartime sexual violence are not just victims; they are leaders and changemakers, reclaiming their dignity and transforming their futures. Through courage and solidarity, survivors are finding their voices and building a new future. An impactful discussion at our headquarters in Luxembourg today helped shed light on the ongoing fight against rape as a weapon of war. Hosted at the EIB Group and in partnership with Stand Speak Rise Up!, the event underscored the courage of survivors and the life-changing work being done to support them, as well as children born of sexual violence in conflict. "Women and children are the first victims of every war. We know that investing in women is an investment in communities and in creating a better world. This issue is also ours—rape as a weapon of war affects us all," said EIB President Nadia Calviño, prefacing the event. The session was a powerful reminder of the collective responsibility we share in addressing gender-based violence. For H.R.H. the Grande-Duchesse Maria Teresa it is about "Helping survivors of wartime rape rebuild their lives. They are true agents of change, role models for their communities". Investing in the empowerment of women is investing in a better world. Together, we stand against rape as a weapon of war and commit to supporting survivors, amplifying their voices, and working towards a world where dignity and human rights are protected for all. #StandSpeakRiseUp #HumanRights

When women are empowered to plan their families, they lead healthier lives, and economies prosper. In collaboration with United Nations Population Fund (UNFPA), European Commission, and Bill & Melinda Gates Foundation are teaming up to accelerate access to health products and contraceptives for women in low- and middle-income countries. Together, we can ensure that every woman has the resources she needs to live her life to the fullest. More information ➡️ bit.ly/3XVjkmc

📢 Top news of the week: 🔵 President Nadia Calviño announced our Action Plan to deepen Europe’s capital markets, and a €600 million EU-backed Energy Rescue Plan for Ukraine. 🔵 During the EU Regions Week in Brussels, we reinforced our cooperation with the European Committee of the Regions, focusing on affordable housing and social infrastructure. 🔵 As part of her tour of the EU capitals, President Calviño visited The Netherlands with VP Robert de Groot to meet local authorities and announce new financing. 🔵 We signed new investments in: - France for pandemic preparedness, - The Netherlands for innovative cancer treatments. Find out more in the latest #1week1minute video ⤵️ #WeeklyDigest #NewsOfTheWeek #EURegionsWeek #StandWithUkraine

Wind energy plays a key role in boosting Europe’s energy independence. But producers face challenges, from high costs and uncertain demand to strong international competition. Our new €500 million agreement with Intesa Sanpaolo, announced by Vice-President Gelsomina Vigliotti, will help make the EU wind industry more competitive. This initiative, part of our €5 billion wind power package to accelerate Europe's green energy transition and supported by the European Commission's Invest EU programme, marks another important step towards supporting the wind power manufacturing sector. Through projects like this, we contribute to achieving climate neutrality and energy independence across the European Union. Learn more: bit.ly/Italy_WindEnergy

Our latest report, Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms, produced in collaboration with the European Commission's Directorate General for Internal Market, Industry, Entrepreneurship and SMEs, highlights the urgent need for strategic actions to boost the resilience and competitiveness of European companies. Key findings include: 🔵 37% of EU firms report raw material access as a major obstacle since 2022. 🔵European exports to the United States have jumped from 14% in 2010 to 21% in 2023. 🔵Geopolitical tensions and the pandemic have exposed vulnerabilities, making supply chain diversification urgent. The report emphasises the importance of innovation and strategic investments to address these challenges and ensure long-term stability and growth for Europe. Find out more: https://lnkd.in/gpFiW2yj #SupplyChains #Innovation #Europe #BusinessNews