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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 €197 billion of finance supporting over €670 billion of investment in projects that protect the environment, reduce emissions and help countries adapt to the impacts of climate change.
The EIB raises the bulk of its lending resources through benchmark bonds issued in the international capital markets and is the largest multilateral borrower on global markets.
In 2007, the EIB pioneered the green bond market and in 2018, the EIB introduced a new sustainable debt product. The EIB has since raised over EUR 48bn in green and sustainability bonds across 22 currencies.