The European Investment Bank is the ‘lending arm’ of the European Union. It is the world’s largest multilateral lender and the biggest provider of climate finance. The EIB Group has two parts: the European Investment Bank and the European Investment Fund (EIF) that specialises in finance for small businesses and mid-caps.
The EIB contributes to the circular economy by providing advisory support:
And by providing finance to circular economy projects/promoters with a typically higher risk profile:
The EIB in the circular economy
The transition towards a circular economy can help reduce environmental impact, but also bring major economic benefits, contributing to innovation, growth and job creation. The EU bank embraces the potential of a circular economy and supports the public and private sector in their circular transition.
▪ EIB and the circular economy
InnovFin—EU finance for innovators
InnovFin financing tools cover a wide range of loans, guarantees and equity-type funding, which can be tailored to innovators’ needs. Financing is either provided directly or via a financial intermediary, most usually a bank or a fund.
▪ How to apply
European Investment Fund
The EIF supports micro, small and medium sized enterprises (SMEs) by working with a wide range of funds, banks, guarantee and microfinance institutions across Europe.
▪ European Investment Fund