The European Investment Bank (EIB) supports the transition to a circular economy with three mutually reinforcing activities: finance, advisory support and awareness-raising. 

From 2019 to 2023, the EIB provided EUR 3.83 billion to co-finance 132 circular economy projects in a variety of sectors. Circular economy projects with a higher risk profile have received financing through the EIB's risk-sharing instruments benefiting from EU guarantees. 

In addition to capital, the EIB provides financial and technical advisory support to improve the bankability and investment-readiness of circular economy projects. Lastly, awareness-raising and partnerships are key to enabling the transition to a circular economy.

The EIB’s support for the circular economy covers various sectors, including agriculture and bioeconomy, industry and services, mobility, small and medium-sized enterprises (SMEs), urban development, waste management and water management.

This report provides an overview of the EIB’s work in the circular economy.