Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The EIB furthers the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group offers four main services to its clients: loans, technical assistance, guarantees and venture capital.
EIB lending is governed by a series of mandates from the EU in support of EU development and cooperation policies in partner countries.
Extractive industry and mining projects are complex and challenging. They can also add value to indigenous natural resources, increase export revenues and generate fiscal income for the countries where they are located. Lumwana, a new copper mine in the north western province of Zambia constructed and operated by Equinox Minerals Limited, with the support of the European Investment Bank offers a striking example. Last year alone, it produced 109 000 tonnes of copper and provided direct and indirect employment to some 3000 Zambians.
The EIB organises regular public consultations on key policies governing its operations. On February 2nd 2010, it adopted a revised transparency policy and an updated complaints mechanism, unique among international financing institutions.
In its first transaction in the Baltics, the EBRD-EIB Multilateral Carbon Credit Fund (MCCF) has agreed to buy carbon credits from a group of wind farms managed by OÜ Nelja Energia, a renewable energy company, wholly-owned by Fre-energy AS, a leading Estonian investor in renewable energy in Eastern Europe. Under the purchase agreement, the MCCF will acquire carbon credits resulting from six OÜ Nelja Energia’s wind farms projects in Estonia and Lithuania, generated via the Joint Implementation (JI) mechanism under the Kyoto Protocol.
Are you a recent graduate? Are you looking for work experience at the European Investment Bank, the European Union's financing institution? If so, you may be interested in the FEMIP Internship Programme. The Internship Programme is open to students who are nationals of the Mediterranean partner countries (Algeria, Egypt, Gaza/West Bank, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia and Turkey). The application period for the Programme is from 20 July to 15 September 2010.
On 30 March, the EIB launched a public consultation in view of the revision of its Transport Lending Policy, the first sector policy the Bank consults upon publicly. In order to ensure as wide a consultation as possible, and to be able to take into account the forthcoming EU policy developments in the transport sector, the EIB has not set a specific deadline for the submission of comments for the time being. A more detailed calendar of the consultation process will be announced later this year.
10 000 panels now cover three hectares of east-west facing hillside. With an installed capacity of 2.1 MW, this plant is capable of feeding into New Caledonia's grid 3 million KWh a year, equivalent to the consumption of 800 to 1 000 homes, thereby preventing the emission into the atmosphere of 1 710 tonnes of CO a year. This film tells the story of a successful financing partnership.
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