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EU development bank EIB invests €49 billion in climate protection

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Published: January 24th, 2024,
Last updated: May 28th, 2025

The EU development bank invests in the Green Deal.

The European Investment Bank (EIB) is strongly supporting the green transition in Europe. In 2023, the EIB provided record investments of €49 billion for climate action and environmental sustainability projects, the bank announced. In total, the EIB Group’s financing volume reached €88 billion for more than 900 projects last year. In addition to climate protection, the funds were disbursed for digitalization, new technologies, innovation, healthcare, affordable housing, transport infrastructure and urban mobility.

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