Drones: unlocking the third dimension in air travel
Unlocking the hydrogen economy: stimulating investment across the hydrogen value chain
EIF and Sustainable Financing Opportunities
20 May
Presented by Peter Coveliers, Head of Strategy and Business Development & Climate, European Investment Fund
In this briefing, we learned how the European Investment Fund is implementing the EIB Group Climate Bank Roadmap, what are the recent changes in our practices and procedures related to sustainability matters and new products we are launching in the field of guarantees and equity investments.
The EIB TARGET Initiative
8 April
Presentation by Sarunas Bruzge, Economist, European Investment Bank
Helping EU coal, peat and oil shale regions perform just transition is a priority for the European Commission and a pillar of the Green Deal.
TARGET is a joint European Commission-EIB technical assistance facility aimed at closely assisting EU coal, peat and oil shale regions with the identification and preparation of clean energy and energy efficiency projects to support a just transition. The facility is complementary to existing mechanisms, such as the Just Transition Mechanism. TARGET will provide free technical support for sustainable investments and local jobs moving away from fossil fuel based activities.
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The EIB Group Paris Alignment for Counterparties (PATH) Framework
11 March
Presented by Alexandrina Boyanova and Céline Bruhe, Climate Officers, European Investment Bank
Under the Paris Alignment for Counterparties framework, the EIB is the first multilateral bank to consider not just the climate impact of projects it finances, but also the wider activity of borrowers. The framework will ensure that both projects financed by the EIB are Paris aligned, and that the counterparty is taking steps towards decarbonising business activities and strengthening resilience to climate change.
Under this new initiative, the EIB will offer technical support to higher emitting corporate borrowers and financial intermediaries to help them meet the goals of the Paris Agreement and deliver a more sustainable future.
The EIB Adaptation Plan
4 February
Presented by Cinzia Losenno, Senior Climate Change Specialist, European Investment Bank
Launched during COP26, the EIB’s first dedicated Adaptation Plan will strengthen EIB’s investment and technical support to protect projects from the impact of more extreme weather and increase climate resilience of existing and new infrastructure globally. The EIB will significantly increase adaptation financing to support the objectives of the EU Adaptation Strategy for smarter, more systemic and faster adaptation, both across Europe and globally.
This first Breakfast Briefing provided an overview of the EIB Adaptation Plan and opportunities for EIB support towards adaptation to climate change.
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