Innovative climate finance: the role of non-state actors

“Never before at the European Investment Bank have we seen as many private and public sector initiatives that are focused on building a sustainable financial system,” said EIB Vice-President Jonathan Taylor on 15 November 2017 at a COP23 side event, organised by the European Parliament, on the role of non-state actors in increasing and improving climate finance.

Indonesia: Java-Bali Electricity Distribution Performance Improvement Project

The project was designed to reduce CO2 emissions by lowering technical losses in the Java-Bali distribution network. It also included a pilot program to reduce peak demand in island networks by promoting energy efficient lighting for residential consumers. On 22 March 2010, the Board of Directors of the Asian Development Bank (ADB) approved a loan of $50 million to the Government of Indonesia and the administration of a $1 million grant from the Clean Energy Fund.

A sharper focus on gender at the EIB: smart economics or a matter of principle?

“You may not be the first, but you can be the best”, Swedish Finance Minister Magdalena Andersson told the audience at the Mind the Gap! Gender in Financing - the new normal event held at the EIB headquarters on Tuesday 10, October 2017, when congratulating the EIB on its first Strategy on Gender Equality and Women's Economic Empowerment in its investment operations.

EIB at the 2017 World Bank/IMF Annual Meetings: how the EU Bank can help make China's Belt Road Initiative a success for developing countries

On Thursday, in the margins of the 2017 World Bank/IMF Annual Meetings in Washington DC, EIB Vice-President responsible for China and climate, Jonathan Taylor joined a group of representatives from the world of business, policy and finance to ask: how can we make sure China's Belt and Road Initiative produces real and lasting benefits for developing countries that are involved?

President Hoyer calls on Multilateral Development Banks to learn from each other

Global challenges like development and migration can only be tackled efficiently when Multilateral Development Banks (MDB) work together even more closely, EIB President Werner Hoyer stressed at the World Bank/IMF Annual Meetings in Washington on Friday. “We are strong believers at the EIB in multilateralism and co-operative structures”, the President of the European Investment Bank said in a panel discussion with heads of other leading MDBs at the World Bank headquarters. “The EIB is open to close collaboration with other MDBs.”

From billions to trillions: Working together to attract private financing

How can National Development Banks (NDBs) and Multilateral Development Banks (MDBs) mobilise more private sector funding to reach the Sustainable Development Goals? According to EIB Vice-President Ambroise Fayolle, “We have to find more innovative ways of working together, and enhance trust among ourselves in the appraisal process.”