Erhalten Sie Zugang zu diesem und mehr als 300000 Büchern ab EUR 5,99 monatlich.
- Herausgeber: European Investment Bank
- Kategorie: Fachliteratur
- Sprache: Englisch
- Veröffentlichungsjahr: 2023
Our flagship report shows how the European Investment Bank stepped up to the challenges of 2022. From our ongoing work rebuilding Ukraine's damaged towns and cities and our support for refugees, to our unwavering commitment to the global threat of climate change. The report illustrates how our backing for energy efficiency and renewable power is part of the solution to the European Union's energy security needs and its climate goals. It also shows how our support for innovation and breakthrough technologies brings tangible benefits to Europe's economic competitiveness, to its climate goals, and its strategic autonomy. The report also showcases the contribution of EIB Global, our new international development branch, to greater wellbeing around the world.
Sie lesen das E-Book in den Legimi-Apps auf:
Seitenzahl: 88
Das E-Book (TTS) können Sie hören im Abo „Legimi Premium” in Legimi-Apps auf:
Ähnliche
EUROPEAN INVESTMENT BANK
SECUREEUROPE
2022ACTIVITYREPORT
About the European Investment Bank
The European Investment Bank Group is the EU bank and the world’s biggest multilateral lender. We finance sustainable investment in small and medium-sized enterprises, innovation, infrastructure, and climate and environment. We have financed Europe’s economic growth for six decades and are at the forefront of EU crisis response, leading the world in climate investment and backing development of the first COVID-19 vaccine. We are committed to triggering €1 trillion in investment in climate and environmental sustainability to combat climate change by the end of this decade. About 10% of all our investment is outside the European Union, where our EIB Global branch supports Europe’s neighbours and global development.
CONTENTS
WHAT’S IN THIS REPORT
FOREWORD BY THE PRESIDENT
2022 HIGHLIGHTS LENDING AND IMPACT DATA
THE EIB IN YOUR COUNTRY LENDING BY COUNTRY
The EIB IN YOUR WORLD LENDING OUTSIDE THE EUROPEAN UNION
ENERGY SECURITY
UKRAINE: FOR THE LONG HAUL
UKRAINE: THERE CAN BE NO OTHER FLAG HERE
POLAND: THE NEEDS OF REFUGEES
ENERGY EFFICIENCY: BUILDING ENERGY EFFICIENCY, BRICK BY BRICK
ENERGY-EFFICIENT SOCIAL HOUSING: IN TUNE WITH THE ZEITGEIST
RENEWABLE ENERGY: TUGGING TURBINES OUT TO SEA
RENEWABLE ENERGY: TURNING UP WIND POWER INNOVATION
HYDROGEN: THE WAY FORWARD IN FUEL
CYPRUS: GREEN AND LOCAL IN CYPRUS
ITALY: THE LAST GREEN MILE
INNOVATION AND AUTONOMY
AGRICULTURE: BEETS TO BEAT DISEASE
AGRICULTURE: VENTURE CAPITAL FOR DINNER, ANYONE?
ROBOTICS: RISE OF THE DELIVERY ROBOTS
DIGITAL ECONOMY: CREATING IOT LEADERS
LIFE SCIENCES: DRUGS TO KILL CANCER
DIGITAL ECONOMY: THE FUTURE IS NON-BINARY
IMPACT INVESTING: THE PURPOSE BEHIND IT ALL
LIFE SCIENCES: CELLS TO CURE INCONTINENCE
GLOBAL CONNECTIONS
PALESTINE: HARMONISING MICROFINANCE
BRAZIL: ELECTRIFYING OPPORTUNITIES FOR WOMEN
BENIN: SOLAR POWER FOR RURAL AFRICA
SENEGAL: COMFORT IS A RUNNING TAP
INDIA: THESE SEEDS WORK
BANGLADESH: HOSPITALS IN UNCHARTED WATERS
BORROWING HIGHLIGHTS
GROUP OPERATIONAL REPORT AND GOVERNANCE
WHAT’S IN THIS REPORT
Just as the world began to turn the page on one crisis, the COVID-19 pandemic, a new one erupted on Europe’s doorstep: war. Russia’s invasion of Ukraine has sparked a huge humanitarian crisis that has forced millions of Ukrainian women and children to flee their homes and seek safety in a secure Europe.
The war in Ukraine and the dramatic deterioration in relations with Russia, Europe’s biggest energy supplier, have been a wake-up call. The European Union is now experiencing first-hand the dangers to its energy security and threats to its autonomy caused by its overdependence on a foreign power for such a vital commodity.
In other parts of the world, the war has made itself felt through soaring food prices, highlighting the importance of global connections.
The clock, meanwhile, continues to count down on the time left to avert catastrophic climate change.
This report shows how the European Investment Bank stepped up to the challenges of 2022. From our ongoing work rebuilding Ukraine’s damaged towns and cities and our support for refugees, to our unwavering commitment to fight the global threat of climate change. The report illustrates how our backing for energy efficiency and renewable power is part of the solution to the European Union’s energy security needs and its climate goals. It also shows how our support for innovation and breakthrough technologies brings tangible benefits to Europe’s economic competitiveness, its climate goals, and its autonomy. And the report also showcases the contribution of EIB Global, our new international development arm, to greater well-being around the world.
The report provides the context for these investments: from our president’s strategic thinking in the foreword, to data on the Bank’s lending and borrowing, and a look at the year ahead in the highlights of our Group Operational Plan.
As a financial institution committed to multilateralism and partnership, our ambition is to help build a better tomorrow by investing in the future today. This report shows how.
FOREWORD BY THE PRESIDENT
In 2022, the European Investment Bank was an integral part of the EU response to the many challenges that emerged during the year, from the horrific invasion of Ukraine to the energy crisis provoked by the conflict.
The EIB Group — the Bank and its subsidiary for smaller businesses, the European Investment Fund — signed financing agreements totalling €72.5 billion in 2022. Every euro went to promoting sustainability and resilience in Europe and beyond. We delivered on our promises. We exceeded our targets. We made a difference.
Because behind the massive numbers is real, tangible impact.
We are supporting next-generation biopharmaceuticals against cancer in Sweden. In Finland, we backed the development and commercialisation of quantum computers. In Spain, we are helping to turn used cooking oil into clean energy, and harvesting solar power to produce green hydrogen. There are many more such projects, and you will read about some of them in this report.
Delivering impact and tackling investment gaps
The energy crisis has depleted government and corporate investment budgets. This comes at a time when we should be investing more, to combat climate change and to wean ourselves off Russian oil and gas. There is a risk that chronic investment gaps could become even worse. If we don’t tackle them, Europe will be less competitive and less attractive for business.
The events of 2022 prove that decarbonisation is the only reliable path to secure, affordable energy for Europeans. That is why our strong response is so significant. We redoubled our efforts to support a green, innovative transition.
Russia’s blackmail over gas supplies showed that the European Investment Bank was right to stop funding fossil fuel infrastructure and to focus on clean energy. It is clear to everyone now that the future lies in cleaner, more sustainable energy.
Our clean energy financing reached a record €19.4 billion in 2022. To boost energy security, we backed the upgrade of the Czech electricity grid. We accelerated the integration of renewables into the Polish energy network. In France, we financed floating windfarms — a technology enabling us to move clean energy generation into deeper waters. Our financing will help build a 1 000-kilometre cable connecting renewable power plants in Sicily and Sardinia to Italy’s grid. With our package of support for the REPowerEU initiative, we will provide an additional €30 billion in energy loans and equity financing for high-impact energy projects over the next five years (on top of our regular lending). Our €36.5 billion of climate and environment lending in 2022 supported €147 billion in green investment from others. We are fully on track to meet our target of mobilising €1 trillion for our planet this decade.
An immediate response
That is how we are responding to the long-term challenge of climate change. Our answer to the immediate threat posed by the invasion of Ukraine is another major achievement for 2022. Thanks to support from the EU budget, we provided help to the Ukrainian government within weeks of the invasion. We disbursed €1.7 billion to Ukraine under very difficult circumstances. We have another €540 million still to disburse, as concrete projects on the ground progress. We aim to ensure that Ukraine’s economy stays afloat, so that it can support large parts of the country’s reconstruction effort itself.
“The events of 2022 prove that decarbonisation is the only reliable path to secure, affordable energy for Europeans. That is why our strong response is so significant. We redoubled our efforts to support a green, innovative transition.”
We also marked the establishment in 2022 of EIB Global, our dedicated arm for the European Union’s development and partnership activities. In its first year of operations, EIB Global delivered €9.1 billion in new project signatures — in addition to the Ukraine financing. These projects included solar power plants in Brazil, further support for vaccination initiatives around the world, and a massive project to bring clean, plentiful water to the people of Jordan by funding one of the largest desalination plants in the world.
EIB Global’s projects showcase how we advance EU policies and values around the world. We forge new partnerships. We build new, sustainable alliances everywhere. I am proud that, with EIB Global, we are making an active contribution to global prosperity under the banner of the European Union.
The European Investment Bank responded strongly to a year of great stress. We have demonstrated resilience and creativity. But we know that our job is not yet done. We must continually improve our performance and seek new, better ways to carry out our work. This report is an account of a vital stage in that journey.
Werner Hoyer
2022 HIGHLIGHTS
THE EIB'S IMPACT
Figures are expected outcomes of financed new operations signed in 2022 for the first time, based on available data at this stage. All figures are unaudited and provisional.
THE EIB GROUP IN YOUR COUNTRY
THE EIB GROUP IN YOUR WORLD
* Repurposed loans to Ukraine in response to Russia’s war.
The European Investment Bank does not endorse, accept or judge the legal status of any territory, boundaries, colours, denominations or information depicted on this map.
Following EU sanctions against Syria in November 2011, the EIB suspended all loan and advisory activity in the country. However, the EIB is part of the Syria core donor group monitoring the situation under EU and UN co-leadership.
ENERGY SECURITY
“The energy crisis accelerates the need for Europe to transition to alternative renewable energy sources and to become more energy efficient. This dual objective is the essence of REPowerEU and the EIB will have a key role to play in its delivery. For the EIB’s advisory services, it also means identifying and helping to bring new technologies to market, as well as helping governments make smarter use of their public funding resources, leveraging more private investment where possible.”
Frank Lee, head of climate and social finance advisory services, EIB
“Since its creation the EIB has been a key financier of critical energy infrastructure. The current situation reaffirms the strategic importance of energy and the importance of having diverse supplies. The EIB has stepped up its lending for energy projects — including for energy efficiency, renewables, district heating and connecting electricity networks domestically and internationally — both in the European Union and around the world.”
Sanjoy Rajan, head of energy security, EIB
