Europe Day commemorates the signing of the “Schuman Declaration” on 9 May 1950. An ambitious plan to secure long-term peace in post-war Europe that is considered the beginning of what is now the European Union. The importance of working for peace in Europe is all the more evident, as we highlight our unity and solidarity with Ukraine.
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.
Europe imports more than half of its energy. The war in Ukraine has shown that this must change, and we should reduce our dependency on Russian gas and oil as soon as possible. To achieve this common goal, we should drastically accelerate our clean energy transition and increase Europe's energy independence from unreliable suppliers and volatile fossil fuels. In 2022, the European Investment Bank invested €17 billion in clean energy projects in the EU and supported the European Commission's REPowerEU plan with an additional €30 billion in financing by 2027. Towards a more energy-independent Europe!
Buckle up and discover a normal day in Europe through different projects financed by the European Investment Bank.
Will you recognise some of them?
The journey begins now!
Watch the videoThe EIB strongly condemns the military invasion of Ukraine by Russian troops.
We stand by the Ukrainian authorities and the people of 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.
As part of the European Union’s efforts in Ukraine, the European Investment Bank (EIB), has come together with the EU Delegation to Ukraine and other partners to support the resilience of the country’s education sector. Within its Ukraine Solidarity Urgent Response package, the EIB is providing €10 million in EU guarantee-backed funds to enhance the energy efficiency of Ukrainian universities in the cities of Chernihiv, Ivano-Frankivsk, Kharkiv, Kyiv, Lutsk, Lviv, Odesa, Poltava, Rivne, Sumy, Uzhhorod and Vinnytsia.
A newly modernised paediatric infectious diseases department was opened today at the Zhytomyr Regional Tuberculosis Dispensary in the village of Guiva, Zhytomyr Oblast. Dedicated to providing care for children, the department, which includes a fully equipped intensive care unit, can now accommodate more young patients. The renovation also included extensive energy efficiency upgrades, structural insulation and the complete modernisation of the building’s engineering networks, equipment and plumbing systems. It now offers safer, more accessible and modern conditions for young patients, including internally displaced persons and individuals with disabilities, ensuring quality care for those who need it most.
In the 1 000 days since Russia’s invasion, Ukraine has received steadfast support from the European Union and its financial arm, the European Investment Bank (EIB). Working in close partnership with the European Commission, the EIB is playing a key role in Ukraine’s recovery through targeted and impactful initiatives. As part of its Ukraine Solidarity Urgent Response package, the EIB is providing another €14.5 million in EU guarantee-backed funds to enhance critical municipal infrastructure. This includes water supply and wastewater treatment systems in Mykolaiv and public lighting in Dnipro.
The Polish government has contributed €25 million to a European Investment Bank (EIB) fund dedicated to the reconstruction of Ukraine following Russia’s full-scale military invasion in 2022. The agreement between the EIB and Poland increases the size of the EU for Ukraine Fund to €398.35 million.
The European Investment Bank (EIB) Group, in collaboration with the European Commission and the Government of Ukraine, announced key initiatives to support Ukraine’s recovery and resilience on the sidelines of the 2024 Annual Meetings of the IMF and World Bank Group. These include supporting the rollout of the EU unified 112 emergency system, securing critical energy infrastructure and facilitating EU exports to Ukraine.
Ukraine recovery focuses on heating, electricity, water, hospitals, women, and schools
International partners from the European Commission (EC), the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities came together at the United in Ukraine’s Recovery conference in Brussels on October 15t, 2024. The gathering provided a vital platform for stakeholders to discuss the achievements of the EC-EIB-UNDP partnership, reflect on the challenges of reconstruction, and address the immediate needs of communities as Ukraine faces a difficult third winter in the midst of war.
Today, European Investment Bank President Nadia Calviño announced the Ukraine Energy Rescue Plan, an initiative to extend EU support for Ukraine’s heavily damaged energy infrastructure due to Russia’s ongoing war, ahead of the winter season, aimed at supporting the resilience of the country and its people.
We have worked in France since 1959, focusing on climate action, innovation and small businesses. We have devoted more than two-thirds of our lending in France to the fight against global warming and adapting to its effects. We also helped the public and private sectors to mitigate the impact of the health and energy crisis on the economy.
In this series, watch our experts provide their insights and shed light on the state of Europe and the world.
For our third episode of What's the Matter? series, we travelled to Ukraine and neighbouring Poland to learn from Ukrainian refugees about the situation one year after the start of the Russian invasion. Olena Zelenska, the first lady of Ukraine, also joined us for an interview to discuss the Olena Zelenska Foundation, which she founded a year ago to channel more global aid to local issues such as healthcare, housing, humanitarian aid, childcare and education.
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? When talking about digitalisation, what is the position of Europe in the world? Who is leading? What are the challenges? Is there any link between investing in innovative digital technologies and fighting climate change? Watch the first episode of our new video series to find the answers. Together with EIB experts, we examine the state of digitalisation. From Luxembourg, the heart of Europe, to the whole world: this is What’s the Matter.
Find out more about Digitalisation in Europe 2021-2022.