EIB Group Commits Record €17 Billion for Support of EU Energy Security and Green Economy

The European Investment Bank Group (EIB) has set a new record in renewable energy financing with €17 billion invested in 2022, demonstrating the EU’s commitment to achieving climate neutrality by 2050. EIB’s investments are directed towards accelerating Europe’s transition to clean and sustainable energy sources and helping reduce carbon emissions. The EIB has been at the forefront of efforts to support green financing and is dedicated to ensuring that its investments are sustainable and have a positive environmental impact. To this end, it has implemented an Environment and Climate Strategy to set ambitious goals for the Bank’s green finance operations over the next ten years. As a result, it is well on track to achieve its objective of supporting €1 trillion in green financing.

resource: https://esgnews.com/eib-group-commits-record-e17-billion-for-support-of-eu-energy-security-and-green-economy/