EIB supports European energy security and green economy with record sum

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Backing agreed for projects contributing to EU independence from fossil fuel imports tops €17 billion in 2022 / EIB exceeds target of channelling at least 50% of its total financing to climate action and environmental sustainability, well ahead of 2025 goal / Support for investment to safeguard European competitiveness and advance EU policy goals globally will be among key priorities for this year

The European Investment Bank Group signed a record amount in new financing for renewables, efficiency, storage and grids in 2022, highlighting the EU bank's unwavering commitment to ensure access to affordable energy at a time of extreme uncertainty. Total EIB financing signed for sustainable energy projects inside the European Union reached an unprecedented EUR17.06 billion,... ... More: Official Press Release EIB

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EIB, funding, Europe, investment, green, clean, financing, climate action, energy security, economy, sustainability