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EIB to support sustainable urban investments with 381 million euros


The European Investment Bank will allocate 381 million euros for transport, hospitals and schools.
On 11 March 2021, the European Investment Bank (EIB) approved a new 3.7 billion euros investment to support businesses, renewable energy, internet, health, education and sustainable urban development.
The financial assistance aims to improve different regions in Europe hit the Covid-19 pandemic, and it will be distributed as follows:
2.4 billion euros to strengthen access to financial and economic resilience in response to Covid-19
1.5 billion euros to fund private sector COVID crisis response under the Pan-European Guarantee Fund
688 million euros to support solar and wind energy
381 million euros for transport, upgrading hospitals and schools, and sustainable urban investment ....

European Guarantee Fund , European Investment Bank , Pan European Guarantee , ஐரோப்பிய உத்தரவாதம் நிதி , ஐரோப்பிய முதலீடு வங்கி , பான் ஐரோப்பிய உத்தரவாதம் ,

MIL-OSI Europe: EIB backs EUR 3.7 billion COVID-19 business support, renewable energy, internet, health, education and sustainable urban investment


©AB Transitio, 2021
€ 688 million to support solar and wind energy
€ 381 million for transport, upgrading hospitals and schools, and sustainable urban investment
€ 1.5 billion new private sector financing COVID crisis response under Pan-European Guarantee Fund
Business investment, renewable energy and upgrading hospitals, schools, internet services and urban infrastructure will be accelerated by new financing totalling EUR 3.7 billion approved today by the European Investment Bank (EIB).
“Since the outbreak of the COVID-19 pandemic the European Investment Bank Group has approved EUR 40.3 billion for 251 projects to provide vaccines, improve public health and strengthen economic resilience across Europe and around the world. A year after COVID-19 led to unprecedented lockdowns, public health emergencies, business challenges, and loss of life, Europe continues to support its citizens and its companies while promoting global solidarity. The EIB Group has ....

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