EIB Unveils €17 Billion Plan to Boost SMEs' Green Investments
The European Investment Bank (EIB) Group has unveiled a €17 billion initiative to support over 350,000 European small and medium-sized enterprises (SMEs) in investing in energy-saving measures. This comes as part of the EIB's commitment to allocate over half of its annual financing to climate action and environmental sustainability.
The EIB Group will also double its investment for climate change adaptation to €30 billion between 2026 and 2030. This aligns with the EIB's eight core priorities that support EU policy objectives.
The EIB is simplifying its processes to accelerate access to green finance, particularly for SMEs, aiming to reduce administrative burdens. This move follows the EBRD's decision in 2025 to focus on stronger competitive advantages, security, and low energy prices for businesses and households in the second phase of its Green Energy Strategy.
The EIB Group is also mobilising support for cleantech innovators through the TechEU programme, aiming to raise €250 billion by 2027. Additionally, the EIB is finalising a strategic orientation for its operations outside the European Union to strengthen global partnerships.
The EIB Group's commitment to climate action and environmental sustainability is evident in its €17 billion initiative for SMEs, doubling of climate change adaptation investment, and simplification of access to green finance. With the support of external stakeholders, the EIB is poised to enhance its competitiveness, security, and lower energy prices through its Climate Bank Roadmap and Energy Sector Orientation.
Read also:
- Setting Up and Expanding Operations at a Soil Blending Facility
- Surveying the Scene: Legality, Drones, and American Anti-Terror Strategy
- Regional University's healthcare system strengthened through collaborative partnership with Chancellor Dr Fiona Hill
- Reminisced University Trustee David M. Flaum as a 'fervent advocate' for the University and community
