European Investment Bank

The Colombian Ministry of Mines and Energy and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia

November 17, 2022

The Ministry of Mines and Energy of the Republic of Colombia and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia, giving priority to green hydrogen development. Source: EIB

Climate mitigation, smart cities see influx of finance

November 18, 2019

Finance is flowing toward climate mitigation projects at record levels, according to a Climate Policy Initiative report. Among recent multilateral investments: the approval of US$800 million from the New Development Bank for renewable energy projects in India and Brazil, and more than US$100 million in financing from the European Investment Bank (EIB) for renewable energy […]

Dominican Republic receives €5m in green loans

July 31, 2019

The European Investment Bank (EIB) will provide €5m to two financial institutions in the Dominican Republic to finance energy efficiency and renewable energy projects. Banco de Ahorro y Credito Fondensa (Banfondensa) and Fondo para el Desarollo INC (Fondensa) will receive the loans to provide microfinance to small and medium businesses, and low and middle income […]

EIB to back renewables projects in Jamaica

July 23, 2018

The European Investment Bank (EIB) has approved more than EUR €3.4 billion in financing for clean energy projects around the world. The funds will be used mainly to support renewable energy, energy efficiency and hydropower plant projects.   Specifically, part of the financing will be used to promote projects which aim to help Jamaica power […]

CDB-EIB sign $110m financing package to support climate adaptation and mitigation projects in Caribbean

May 25, 2017

The European Investment Bank (EIB) and Caribbean Development Bank (CDB) have signed an agreement providing USD $110m low-cost financing to support investment projects in the Caribbean under CDB’s climate action policy. Eligible projects include investments in climate change mitigation, adaptation and resilience projects in renewable energy and energy efficiency, and infrastructure that reduces greenhouse gas […]

MOU to establish credit line for renewable energy projects in Mexico

March 23, 2017

A new agreement signed by the Nacional Financiera (Nafin) and the European Investment Bank (EIB) could ease financing for renewable energy projects in Mexico. The Memorandum of Understanding (MOU) signed on Tuesday will enable the two organizations to cooperate on issues related to sustainable development in Mexico, including green financing. More specifically, the institutions could […]