EIB backs EUR 3.7 billion COVID-19 business support, renewable energy, internet, health, education and sustainable urban investment

Business investment, renewable energy and upgrading hospitals, schools, internet services and urban infrastructure will be accelerated by new financing totalling EUR 3.7 billion approved today by the European Investment Bank (EIB).

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https://www.eib.org/press/all/2021-092-eib-backs-eur-3-7-billion-covid-19-business-support-renewable-energy-internet-health-education-and-sustainable-urban-investment

Retrieved on:

Friday, March 12, 2021

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European Union, Multilateral development banks, Financial services, Banking, European Investment Bank, EIB, Infrastructure, European Fund for Strategic Investments, European Bank for Reconstruction and Development

Summary

Key Points:

Business investment, renewable energy and upgrading hospitals, schools, internet services and urban infrastructure will be accelerated by new financing totalling EUR 3.7 billion approved today by the European Investment Bank (EIB).
Todays approval of EUR 3.7 billion of new EIB financing will help private and public partners to achieve a green and sustainable recovery, said Werner Hoyer, President of the European Investment Bank.
381 million for transport, hospitals and schools, and sustainable urban investment
Communities across Europe and beyond will benefit from EIB backed investment to improve transport, upgrade health and education, and unlock investment in cities.
New investment to improve energy efficiency, urban transport, education, sports and cultural facilities across the Polish city of Wrocaw will also benefit from new EIB financing agreed today.