Israel and the EIB

The EIB has worked with Israel since 1981. The Bank operates in Israel in line with the European Neighbourhood Policy (ENP) and other EU bilateral agreements.

The EIB has contributed to the development of Israel’s desalination programme by financing four public-private partnership (PPP) Sea Water Reverse Osmosis (SWRO) desalination plants, as well as the extension of an SWRO plant, via an EIB investment of €560 million. The newest plant, financed in 2020, is the largest desalination plant operating in the EU Southern Neighbourhood. Together, these plants provide 577 million cubic metres of water per year.

In April 2020, the EIB signed a collaboration with the Israel Innovation Authority and a €50 million financing agreement with Pluristem to develop therapies for COVID-19 and other unmet medical needs.

Through Innovfin Infectious Diseases, part of the Horizon 2020 programme, we also support Israel’s smart investments in basic research, an important catalyst for establishing globally leading industries in Europe. For example, in 2017, we invested in the development and production of BiondVax’s Universal Flu Vaccine Candidate designed to protect against current and future, seasonal and pandemic flu strains.

Another equity investment was made by the European Investment Fund (EIF), part of the EIB Group, in the ICV III fund to support seed and early stage companies promoting new technologies and business models.

At a glance

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

EIB stories in Israel

General stories speak louder than general policies. Discover how EIB activities have improved the quality of life in Israel.

19 August 2022

Infrastructure Solutions: No wastewater to waste

Wastewater is not a problem. It is a highly valuable source of water, nutrients and energy. But more than 80% of all wastewater is wasted. We need to change how we treat it and make wastewater resource recovery a priority

Infrastructure Water Wastewater Germany Israel Belgium Singapore Namibia Africa, Caribbean, Pacific countries + OCT Mediterranean countries European Union Asia and Latin America Agriculture Climate action and environment Energy Circular economy Water, wastewater management
23 May 2022

The EIB supports innovation and water infrastructure in Israel

In Israel, the European Investment Bank is financing the worlds largest desalination project. As part of Team Europe, we are also supporting innovation in the med-tech sector.

The EIB has worked with Israel since 1981. The Bank operates in Israel in line with the European Neighbourhood Policy (ENP) and other EU bilateral agreements.

Infrastructure Israel Mediterranean countries Research, innovation and technology Water, wastewater management
23 May 2022

Give climate finance a chance

Environmental challenges impact chances for peace. That makes Palestinian climate finance crucial to the future of the people of the Middle East, writes our President

Management committee Israel Palestine* Mediterranean countries Development Climate action and environment Energy Institutional
10 December 2020

Treat, test, vaccinate

Key investments support a full range of biotechnology and medical responses to the pandemic with COVID-19 vaccines, therapies, diagnostics

Covid-19 Germany Israel Finland Poland France Mediterranean countries European Union Research, innovation and technology Health and life sciences
5 May 2020

Placenta cells to fight COVID-19

Can placenta cell therapy cure COVID-19? Israeli-European firm Pluristem is on track to show how placenta cells help the body heal itself.

Venture debt Covid-19 Germany Israel Mediterranean countries European Union Innovation Research, innovation and technology Venture capital & equity Health and life sciences
30 April 2020

Supporting the fight against COVID-19: Israeli - European company Pluristem receives EU support

Pluristem is a regenerative medicine company with a focus on novel biological products to treat severe medical conditions such as COVID-19. It has signed a venture debt loan of €50 million with the European Investment Bank and is the first Israeli-European business to benefit from a guarantee from the European Fund for Strategic Investment. The financing will support the company’s research and development in the EU through its German subsidiary Pluristem GmbH.

More on the Press release.

Venture debt Covid-19 EFSI impact Germany Israel Mediterranean countries European Union Research, innovation and technology Venture capital & equity
19 September 2017

New life for the Dead Sea

Israelis, Palestinians and Jordanians join to counter a regional water crisis and save the Dead Sea.

Water Wastewater Water security Israel Jordan Palestine* Mediterranean countries Climate Research, innovation and technology Migration Climate action and environment Water, wastewater management
12 November 2024

Climate action must rise above politics

This year’s many elections, not least the heated US presidential race, have drawn attention away from the United Nations Climate Change Conference (COP29) in Baku. But global leaders must continue to focus on combating the climate crisis and accelerating the green transition both in developed and developing economies.

Interviews COP29 Partners Climate Climate action Management committee United Nations Nadia Calviño Sustainability Uzbekistan Turkmenistan Cuba Kyrgyzstan Zambia Vietnam Solomon Islands Vanuatu Brazil Papua New Guinea Maldives South Sandwich Islands Costa Rica Slovakia St. Maarten Faeroe Islands Dominican Republic Wallis and Futuna Islands Trinidad and Tobago Iran (Islamic Republic of) Tonga Nigeria Paraguay Yemen Cayman Islands Madagascar Iraq Gabon Suriname Taiwan Italy Ethiopia United States Malawi Belarus Croatia Norway Turks and Caicos Islands Saint Kitts and Nevis Qatar Argentina Samoa Afghanistan San Marino Azerbaijan Austria Aruba Gibraltar Benin Spain Panama Romania New Caledonia Ecuador Ireland Guinea-Bissau New Zealand Côte d'Ivoire Tajikistan Somalia Germany Sweden Antigua and Barbuda Mongolia Montenegro Japan Slovenia Lithuania Pakistan Nauru São Tomé e Principe Bahamas Congo Palau Israel Lao People's Democratic Rep. Bulgaria Iceland Ukraine Peru Botswana Liberia Senegal Albania Malta Malaysia India Sri Lanka Cape Verde Jordan Finland Regional - Pacific Burundi Georgia Cambodia Burkina Faso Comoros Bermuda Canada China Ghana Seychelles Eritrea Andorra Korea, Republic of Timor-Leste Macau Guatemala Niger British Indian Ocean Territory Türkiye Nicaragua Myanmar Mozambique Russia Angola Chile Togo Armenia Cameroon Barbados Sudan Channel Islands Tunisia Kuwait Dominica Brunei Darussalam North Macedonia Uruguay Bangladesh Saint Lucia Bahrain St. Helena Lebanon Pitcairn Guinea Belgium Morocco Libyan Arab Jamahiriya El Salvador Hungary Jamaica Egypt Greece The Gambia Virgin Islands (British) Holy See (Vatican City State) The Territorial Collectivity of Mayotte Venezuela Bonaire, Sint Eustatius and Saba Denmark Honduras Bhutan Australia Luxembourg Liechtenstein Fiji Cyprus Virgin Islands, U.S. The Netherlands South Africa Curaçao Cook Islands Equatorial Guinea Greenland Anguilla Mauritania Saint Vincent and Grenadines Mauritius Portugal Korea, Democrat. People's Rep. St. Pierre and Miquelon Syrian Arab Republic Sierra Leone Kiribati Haiti Poland Mexico Palestine* Indonesia Nepal Switzerland France Zimbabwe Serbia Isle of Man Algeria Micronesia Kazakhstan Montserrat Singapore Puerto Rico Djibouti Latvia Bolivia Moldova Falkland Islands Chad Kenya Lesotho Grenada Tuvalu Congo (Democratic Republic) Thailand Mali Monaco Uganda United Kingdom Philippines Netherlands Antilles Tanzania Rwanda Czechia French Polynesia Saudi Arabia Oman Bosnia and Herzegovina Kosovo* Kingdom of Eswatini Colombia Guyana United Arab Emirates Namibia Belize Estonia Africa, Caribbean, Pacific countries + OCT EFTA countries Eastern Europe, Southern Caucasus Mediterranean countries America Carribean Sub Saharan Africa Enlargement Countries South Africa European Union United Kingdom Asia and Latin America Climate action and environment Institutional Corporate

Get EIB support in Israel

We can provide you with various type of financing to implement projects that promote growth and jobs in your country. We support small businesses, innovation, climate and infrastructure. Get an overview here for the whole EIB Group product range*

* These products refer to EIB activity worldwide and may not apply to EIB operations in the Southern Neighbourhood.

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