EIB approves EUR12.6 billion for transport, clean energy, urban development and COVID19 resilience
The European Investment Bank (EIB) has approved EUR12.6 billion (US$14.9 billion) of new financing for projects across Europe and around the world.
New financing that has been agreed includes more than EUR3.1 billion (US$3.7 billion) of COVID-19-related investment to improve public health, strengthen public services, and back investment by companies in sectors hit by the pandemic.
Since the start of the COVID-19 crisis, the EIB has approved EUR20.1 billion (US$23.8 billion) to enable public and private partners around the world to better tackle health, social and economic challenges.
The EIB Board, meeting by video conference, also backed investment in agriculture, water, housing, telecommunications, and urban development across Europe, as well as in Africa, Asia, and Latin America.
Country updates
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