As the EU Bank, one of our goals is to help build an inclusive Europe. Through our work, we aim to reduce economic, social and territorial inequalities across the EU and contribute to improving the life of European citizens. For this reason, regional development and cohesion policy underpin our mission.
EIB-supported cohesion projects seek to address inequalities to support a balanced territorial development that will leave no one behind.
The EIB’s annual target for cohesion lending is 30% of all new operations. In the period 2014-2020, the EIB provided €123.8 billion to projects in EU cohesion regions. For 2020 alone, this amounted to €19.5 billion.
To implement projects that benefit communities, we often co-finance projects with EU structural funds and can help set up financial instruments to attract other investors, and maximise the impact of the financing.
Projects eligible for financing
We finance regional and cohesion policy projects that:
Support small and medium-sized businesses, including innovative companies
Promote research and innovation
Invest in a cleaner environment, energy efficiency and tackling climate change
Back strategic infrastructure, including improving access to digital technology to boost links to remote regions