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Investing in sustainable energy

Over 80% of the world's energy consumption relies on fossil fuels. To limit global warming to 1.5°C, significant investments in energy efficiency, renewable energy, electricity networks, and innovative technologies—such as floating offshore wind power, battery storage, and low-carbon hydrogen—are essential.

Over the past decade, the European Investment Bank has invested approximately €147 billion in the EU's energy sector, and supported clean energy projects worldwide. These investments are helping Europe navigate the challenges posed by Russia’s invasion of Ukraine.

€28

Billion

EIB financing for energy projects in 2024

The EIB, a long-standing partner

Our support to the energy sector

Energy investments

Here is an overview of our green energy investments in 2024.

Solar

Our financing of solar power has quadrupled since 2020, reaching more than €4.5 billion.

Wind

We have supported wind technology for decades, with an investment of more than €3 billion. 

Energy efficiency

We have financed €7.5 billion in energy efficiency projects.

Grids

Decarbonisation depends on investment in electricity networks and storage, for which we provided more than €6.6 billion.

REPowerEU

An EU plan for the green transition

Our energy lending policy

Support for your project

We provide financing and advisory services for projects that improve and expand renewable energy, energy efficiency, access and innovation.

Financing

Advisory services

Our advisory services offer a wide range of support for clients that need help finding the right finance or developing a project successfully.

In the European Union, the EIB assists clean energy projects through the European Local Energy Assistance (ELENA) grant programme, the InvestEU Advisory Hub, including its ADAPT advisory platform and the Joint Assistance to Support Projects in European Regions (JASPERS). Through JASPERS, we help countries, regions and cities tap EU structural and Cohesion funds and money available from the Just Transition Fund.

Energy series

Investing in renewables

Key publications

Case studies

Real stories speak louder than general policies. Discover the impact of our projects

Contact us

Do you need finance or technical assistance for your project?

We offer a wide range of financial products and advisory services.

Do you have a question?

For enquiries regarding the financing facilities, activity, organisation and objectives of the EIB, contact the Information Desk
Contact us
Tel.  +352 4379-22000
Frequently asked questions

Are you a journalist?

Contact our Press office
Tel. +352 4379-21000
press@eib.org
www.eib.org/press