Donata Riedel
- European Investment Bank
- Communication Department
- Lennéstraße 11
- D-10785 Berlin
- Germany
Almost all German companies – 94% – have acted to reduce greenhouse gas emissions through steps such as curbing waste, recycling and saving energy, according to a European Investment Bank (EIB) Group survey. German businesses also have done more than the European Union average in embracing advanced digital technologies like robotics, new country results from the EIB Group Investment Survey (EIBIS) show.
In 2024, the activities of the European Investment Bank (EIB) Group were centred around making Europe more competitive. To that end, the EIB Group approved over €9.6 billion in financing in Germany, compared to €8.6 billion in 2023. This is the EIB’s largest annual financing volume in Germany in the last 15 years, and the second-largest since it began funding projects in Germany in 1960.
The European Investment Bank (EIB) and Breakthrough Energy Catalyst are providing a €70 million funding package through the EU-Catalyst Partnership to INERATEC, a Germany based e-fuel company. The EIB is providing a €40 million venture-debt-loan, backed by the EU`s InvestEU-program, while Breakthrough Energy Catalyst is awarding a grant of €30 million. The package will support the financing of INERATEC’s carbon neutral e-fuel production plant in Frankfurt, as well as further research and development. The Frankfurt plant is set to be Europe`s largest when opening in 2025.