In 2019 the EIB Board of Directors approved a new set of ambitious targets for climate action and environmental sustainability. The three key elements are:
- The EIB Group will support €1 trillion of investments in climate action and environmental sustainability in the critical decade from 2021 to 2030;
- The EIB will gradually increase the share of its financing dedicated to climate action and environmental sustainability to exceed 50% of its operations in 2025;
- The EIB Group will align all its financing activities with the principles and goals of the Paris agreement by the end of 2020.
The Climate and Environment Advisory Council
In 2021, the EIB Group launched the Climate and Environment Advisory Council, which is comprised of leaders from academia, business, civil society and international organisations. The Advisory Council provides independent advice and expertise on the EIB Group's climate and environmental action. The Advisory Council also focuses on the EIB Group's Climate Bank Roadmap, our activities supporting adaptation to the impacts of climate change and the EIB Group Paris Alignment for Counterparties framework, among other topics.
A plan for the future of the planet
The EIB Group Climate Bank Roadmap 2021-2025 will guide our ambition. It is the result of various rounds of engagement with civil society and other stakeholders.
The Roadmap outlines our bold ambitions for climate finance to back the European Green Deal and make Europe carbon-neutral. It maps the next stages in the journey to sustainable investment and provides a framework to counter climate change and protect the environment during the critical decade ahead.
Download the Climate Bank Roadmap
Read our Mid-term review of the EIB Group Climate Bank Roadmap
More on the stakeholder engagement
Key areas
Our lending is aligned with the Paris Agreement and promotes adaptation, mitigation and environmental sustainability
We carefully check that our projects meet our environmental and social principles and standards and conform with our corporate responsibility commitments
We work with many parts of the public and private sectors to increase investment in projects that help the climate and environment
Key publications
Stay up to date
- MDB Common Approach to measuring Climate results - April 2024
- 2022 Joint Report on Multilateral Development Banks' Climate Finance
- Joint MDB Methodological Principles for Assessment of Paris Agreement Alignment of New operations
- Joint Report on MDB Climate Finance 2021
- MDB Principles for Long-Term Strategy (LTS) Support
- MDB Just Transition High-Level Principles
- Joint Report on MDB Climate Finance 2020
- Joint MDB Statement in the margins of the 2019 UN Climate Action Summit
- Joint Report on MDB Climate Finance 2018
- Joint Declaration by the Multilateral Development Banks at Katowice, COP24
- Joint Report on MDB Climate Finance 2017
- Integrating Climate Change Information and Adaptation in Project Development (EUFIWACC)
- Intégration d’informations sur le changement climatique et de l’adaptation dans le développement de projets (EUFIWACC)
- Joint Report on MDB Climate Finance 2016
- Joint Statement by the Multilateral Development Banks at Paris, COP21
- Common Principles for Climate Change Adaptation Finance Tracking
- Common Principles for Climate Mitigation Finance Tracking
- Tracking Climate Co-Finance: Approach Proposed by MDBs
- Joint Report on MDB Climate Finance 2015
- Joint Report on MDB Climate Finance 2014
- Joint Report on MDB Climate Finance 2013
- Joint Report on MDB Climate Finance 2012
- Joint MDB Report on Adaptation Finance 2011
- Joint MDB Report on Mitigation Finance 2011