The EIB and Europe Day 2023

This edition of EIB at a Glance is an overview of the European Investment Bank’s activities in 2022, showing our impacts in easily accessible figures.

European Investment Bank President Werner Hoyer said that, subject to approval from its governing bodies, the EIB is willing to immediately increase its contribution to the REPowerEU Plan from the current €30 billion package to €45 billion euros in additional financing.

In 2022, The EIB invested €17 billion in clean energy projects in the EU and supported EC's REPowerEU plan with an additional €30 billion in financing by 2027.

The European Investment Bank (EIB) and the government of Ukraine have agreed to direct €50 million of EIB financing to Ukraine’s national railway company, Ukrainian Railways (Ukrzaliznytsia), to upgrade key rail border crossing points with Poland, Slovakia, Hungary and Romania, contributing to the EU-Ukraine Solidarity Lanes initiative to facilitate cross-border connectivity and trade. The agreement was signed by the EIB and the Ministry for Development of Communities and Territories of Ukraine. Backed by an EU guarantee under the Ukraine Facility, the investment will improve freight operations and strengthen Ukraine’s trade and transport links with the European Union. The upgrade is being co-funded through a grant from the European Union under the Connecting Europe Facility (CEF). The initiative is also benefiting from advisory support provided under JASPERS, a joint initiative of the European Commission and the EIB.

The European Investment Bank (EIB) Group and the European Commission signed a guarantee agreement at the EIB Group Forum that will allow the EIB to invest at least €2 billion in urgent recovery and reconstruction efforts in Ukraine. Aligned with the Ukrainian government’s needs and priorities, this funding is part of the European Union’s €50 billion Ukraine Facility for the period 2024-2027. 

As Ukraine marks three years of Russia’s full-scale war, the European Union continues to support the reconstruction of the country’s vital infrastructure. Two public buildings in Lviv Oblast – St Luke’s Hospital in Lviv and preschool No.7 “Dzvinochok” in Truskavets – have officially opened after renovations. Supported by the European Union and its financial arm, the European Investment Bank (EIB), these projects are part of the broader Ukraine Early Recovery Programme that funds the restoration of essential social infrastructure, including schools, hospitals, water and heating systems and social housing. As war-affected communities continue to face immense challenges, these investments help ensure access to critical services and create more resilient spaces.

Nadia Calviño, president of the European Investment Bank (EIB), interviewed with the Süddeutsche Zeitung

On her first official visit outside the European Union since taking up office a year ago, European Investment Bank (EIB) Group President Nadia Calviño is visiting Kyiv today to meet top Ukrainian officials, including President Volodymyr Zelenskyy and Prime Minister Denys Shmyhal. The objective of the visit is to agree on new financing operations for Ukraine and stress Europe’s long-term commitment to the country. President Calviño is leading the delegation that also features EIB Vice-President Teresa Czerwińska and EU Ambassador to Ukraine Katarína Mathernová.

The European Investment Bank (EIB) has provided €55 million in EU guarantee-backed funds under the Ukraine Recovery Programme to reconstruct hospitals, social housing, educational facilities, heating, water and waste systems, and other critical social infrastructure in 2025 and beyond. The funding can be used for any of the 151 sub-projects allocated under the programme across Vinnytsia, Dnipropetrovsk, Zhytomyr, Kyiv, Kirovohrad, Mykolaiv, Odesa, Poltava, Sumy, Kharkiv, Cherkasy and Chernihiv oblasts. This contribution is part of the EIB’s Ukraine Solidarity Urgent Response package developed in close partnership with the European Commission, highlighting the European Union’s unwavering support for Ukraine’s recovery.

The European Investment Bank (EIB) has directed €86 million, backed by EU guarantees, to Ukrenergo, Ukraine’s national electricity transmission system operator, to support the physical protection of Ukraine’s critical energy infrastructure. This funding – provided under the EIB’s Ukraine Solidarity Urgent Response Package developed in cooperation with the European Commission – marks one of the first measure of the Ukraine Energy Rescue Plan adopted by the Bank in October 2024 to address the extensive damage to Ukraine’s energy infrastructure caused by Russia’s ongoing war.

The European Investment Bank (EIB) and Ukraine’s State Bureau of Investigation (SBI) have signed a memorandum of understanding to enhance cooperation in combating potential fraud and corruption involving European Union-backed investments in Ukraine. Signed by EIB Inspector General Monique Koning, General Counsel José Maria Fernández Martin and Deputy Director of the SBI Oleksandr Sokolov during a visit by an SBI delegation to EIB headquarters in Luxembourg, this partnership marks a significant step forward in enhancing preventive measures to safeguard EIB-funded financial support for Ukraine. 

The European Investment Bank (EIB) is providing over €60 million in EU guarantee-backed loans to strengthen critical infrastructure in Ukraine, as part of its Ukraine Solidarity Urgent Response package, developed in close cooperation with the European Commission. This support includes the reconstruction of a key segment of the M01 highway and the renewal of urban public transport in the cities of Kyiv, Odesa and Sumy. This EIB investment underscores the unwavering commitment of the European Union to Ukraine’s recovery, delivering vital support for infrastructure resilience and efficiency amid ongoing challenges.

Our third episode takes us to Ukraine and Poland one year after the start of the Russian invasion. Olena Zelenska also joins us to discuss her foundation.

Did you know that 84% of Europeans say that if we don't drastically reduce energy consumption, we are heading for a global catastrophe? In this episode of What's the matter, we detail the findings of our latest Climate Survey and also check the state of the environment in Europe and around the world.

Did you know that one out of four European companies did not invest in digital transformation last year?