Latvia and the EIB

We supported energy efficiency projects and the upgrade of Riga’s water and wastewater facilities. We have helped bring sustainable growth to the tourism and agricultural sectors, and supported thousands of small and medium-sized enterprises, while simultaneously promoting the country’s green transition. We helped municipalities become more modern and environmentally friendly. In Riga, our financing also supported new public transport.

At a glance

The EIB provides finance and expertise for sound and sustainable investment projects in Latvia.

Last year’s EIB Group activity in Latvia by priority

(In € million, last updated at previous year end)

EIB activity in Latvia by sector since start of operations

EIB Group activity in Latvia in 2023

EIB stories in Latvia

Individual stories speak far louder than figures and charts. Discover how our work improves the quality of life in Latvia and beyond.

26 June 2024

Latvia and the EIB

We have worked in Latvia since 1994, modernising the country's infrastructure and supporting small businesses and higher education. We have supported energy efficiency projects and the upgrade of Rigas water and wastewater facilities. We have also helped bring sustainable growth to the tourism and agricultural sectors, and supported thousands of small and medium-sized enterprises, while simultaneously promoting the country's green transition. We helped municipalities become more modern and environmentally friendly. In Riga, our financing also supported new public transport.

Latvia European Union
4 June 2024 Nadia Calviño

What the EU has done for us

With the European Parliament elections around the corner, many will ask what the European Union has done for us since the last election in 2019. Here are some of the highlights

Management committee Nadia Calviño Slovakia Italy Croatia Austria Spain Romania Ireland Germany Sweden Slovenia Lithuania Bulgaria Malta Finland Belgium Hungary Greece Denmark Luxembourg Cyprus The Netherlands Portugal Poland France Latvia Czechia Estonia European Union
2 May 2024 Dawid A. Fusiek

EU delivers: Better water in Latvia

Riga water company modernises water infrastructure, improves quality of life and paves the way for sustainable progress

Infrastructure Water Climate change Climate Sustainability Latvia European Union Climate action and environment Corporate Water, wastewater management
26 April 2024 Dawid A. Fusiek

Flowing forward

Riga water company modernises its water infrastructure, improving quality of life and paving the way for sustainable progress

Latvia European Union Urban development Climate action and environment Water, wastewater management
2 February 2023

A day in 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!

Slovakia Italy Croatia Austria Spain Romania Ireland Germany Sweden Slovenia Lithuania Bulgaria Malta Finland Belgium Hungary Greece Denmark Luxembourg Cyprus The Netherlands Portugal Poland France Latvia Czechia Estonia European Union
18 November 2020 Matt Rees

The EFSI Legacy: Between markets and states

The EFSI success story is built around the programme’s flexibility to respond in the market to new policy challenges, as its initial targets were increased to include new issues, such as climate action

Infrastructure Austria Spain Germany Bulgaria Hungary Latvia European Union Innovation SMEs Climate Infrastructure Research, innovation and technology Climate action and environment Institutional InvestEU SMEs
14 May 2019 Allar Tankler

I Got a Job: In Latvia, Ieva’s a substitute mother

Ieva’s Latvia university job was created to help deal with an increase in exchange students. That’s a goal supported by the European Investment Bank, the EU bank. But her job involves some surprising responsibilities.

Infrastructure Latvia European Union Infrastructure Education and training Development Health and life sciences
5 June 2018

Who’s the ‘smartest’ in Central, Eastern and South-Eastern Europe?

Smart city investment in CESEE needs a boost all around compared to the rest of the EU, but some cities and regions are getting smarter

Infrastructure Smart cities Slovakia Croatia Slovenia Lithuania Bulgaria Hungary Poland Latvia Czechia Estonia European Union Innovation Infrastructure Urban development Research, innovation and technology
20 December 2017 Allar Tankler

Chocolate pills to fight heart disease

With its new campus, the University of Latvia aims to expand its innovations, beyond its existing achievements in quantum computing—and chocolate pills.

Universities EFSI impact Latvia European Union Innovation Education and training Research, innovation and technology
12 December 2016 Allar Tankler

Ice on planes: Do passenger jets need winter tyres?

Estonia’s main airport upgrades to cope with increasingly extreme weather — and counter the environmental effect of all the de-icing it has to do

Climate Airport Adaptation EFSI impact Lithuania Latvia Estonia European Union Transport Climate action and environment

Get EIB support in Latvia

We improve the lives of citizens in the EU and beyond. We support small businesses, while enhancing climate action and innovation. We also focus on energy transition and urban sustainability. We create prosperity for all EU regions, so that they reach their full potential.

For smaller projects
(generally less than €25m)

For large projects
(exceeding €25m)

Get various types of advisory and technical assistance

The EIB economic survey of investments in Latvia

The EIB, with the help of dozens of academics, practitioners and policymakers, surveyed 12,500 firms and 500 big cities across Europe to find out what is driving or holding back investment.

Discover the latest results