Driving European competitiveness, stability and climate leadership: EIB Group invests €88 billion in 2023

EIB Group signed €88 billion in funding for over 900 high-impact projects in key policy areas such as transport infrastructure and urban mobility, energy and water, digitalisation, new technologies, innovation, healthcare, affordable housing, education and support to SMEs. A record €49 billion invested in green finance. More than €21 billion invested in energy security  

In 2023, the European Investment Bank Group signed new financing contracts for close to €88 billion for high-impact projects in EU policy priorities, including climate action, sustainable infrastructure, and healthcare, EIB President Nadia Calviño announced today in Brussels.

With €349 billion of green investment mobilised since 2021, the Group is on track to achieve the goal of €1 trillion of green financing supported by the end of the decade. €49 billion was financed directly for climate action and environmental sustainability in 2023, up from €38 billion in 2022.

In 2023, the Bank’s investments included more than €21 billion as part of REPowerEU, an initiative designed to reduce Europe's dependence on fossil fuel and accelerate the green transition. The electricity generation capacity financed will be able to power 13.8 million households.

BEI, 23.01.2024
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