European Investment Bank

EIB

  • Type International
  • Date of accreditation 08 Mar 2016

The European Investment Bank (EIB) headquartered in Luxembourg, is an international financial entity whose main objective in developing countries is to provide finance and expertise for sound and sustainable investment projects, in both the private and the public sector, provide social and economic infrastructure, and address climate change, among others. EIB is currently operating in over 150 countries and has a mandate to operate in any developing country. Climate action is one of the top policy priorities for EIB, which integrates climate considerations across all its activities, in addition to financing climate mitigation and adaptation projects, thereby contributing to low-carbon and climate-resilient growth around the world and supporting the transition to a sustainable low-carbon future. EIB targets 25 per cent of its portfolio as climate action projects and programmes. In 2014, its total investment in climate action projects and programmes was more than US$ 20 billion. Additionally, EIB regularly provides capacity-building support in many sectors and specific technical assistance focused on developing local skills to support project development and implementation, as a way of strengthening country ownership. EIB seeks to support the paradigm shift objective of the GCF by making use of its network of trusted partners in the public and private sectors and non-governmental organisations to optimize the collaborative work of EIB in tackling climate change, and would help to overcome investment hurdles, in particular those faced by the private sector.

Accreditation timeline

Accreditation term 1

14 Feb 2020 - 13 Feb 2025

Accreditation date

08 Mar 2016

AMA execution date

26 Sep 2017

AMA effectiveness

14 Feb 2020

Term end date

13 Feb 2025

Entity details

  • Size
    • Micro
    • Small
    • Medium
    • Large
  • Environmental and social risk category
    • Category C
    • Category B
    • Category A
    • Intermediation 3
    • Intermediation 2
    • Intermediation 1
  • Fiduciary standards
    • Basic
    • Project management
    • Grant award
    • On-lending/blending:
    • Loan
    • Equity
    • Guarantee
    • Blending

Documents

News + Stories

New platform to boost environmental impact financing in Africa

28 Feb 2023 / The European Investment Bank (EIB) and the Green Climate Fund (GCF) have announced their collaboration in the Green and Resilience Debt Platform, a vehicle that aims to boost climate finance in Africa. The platform contributes to the European Union’s Global Green Bond Initiative, which relies on a governance structure defined by the European Commission and European development finance institutions.

European Investment Bank and Green Climate Fund sign partnership agreement

28 Sep 2017 / The European Investment Bank and GCF have signed an Accreditation Master Agreement, allowing them to work together to finance climate action in developing countries.

Contacts

Ms. Marika Levena
Primary

Green Climate Fund Operations Officer (for pipeline issues)
Phone +352-4379-83341
m.levena@eib.org