WORLD NEWS | EIB global 2022 financing worth 10.8 billion euros

brussels [Belgium]May 14 (ANI/WAM): Despite the challenges of investing in economic recovery after the pandemic, EIB Global, the European Investment Bank’s development arm, raised 10.8 billion euros in 2022, up 50% from the previous year’s figure %, in the first year of its existence.

In 2022, the EIB Group continues to support global healthcare, affordable energy, water access, renewable energy and sustainable growth everywhere. Nearly 11 billion euros in support outside the EU, including 4 billion euros for least developed countries, 1.2 billion euros for global health and vaccines, 1.7 billion euros for damaged schools, hospitals, trains, trams, roads in Ukraine and bridges.

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“The challenging geopolitical situation and conflicts happening around the world should not make us lose sight of our goal of facilitating the global transition to net zero,” said EIB President Werner Hoyer. “If we are to have any chance of achieving the UN Sustainable Development Goals, we need sustainable partnerships and alliances at all levels. The EIB Global Bank’s first year is proof that we are making a positive contribution to a fairer world Contribute to the EU flag, especially through our support for the Global Gateway project.”

The companion EIB Global Report: Impact explains how our economists analyzed the differences made by these programs—11.7 million benefited from safe drinking water, 836 million vaccinated against COVID-19 and other diseases, 141 million People take public transport. This report presents our rigorous analysis of investment results and assesses the financial benefits, catalytic effects and technical support we bring to each project.

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The EIB Group supports projects in four priority areas – Infrastructure, Innovation, Climate and Environment, and SMEs. (ANI/WAM)

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