The European Investment Bank (EIB) cooperates with the European Union (EU), its member states and their development agencies at both the strategic and operational levels. In terms of governance, the EU member states, as shareholders, are members of the EIB Board and of the Advisory Group consulted on the Bank’s outside-EU activities.
To better respond to global challenges, the EIB established ‘EIB Global’ on 1 January 2022 as a branch re-grouping EIB’s activities outside the EU. By bringing EIB resources and expertise together for those countries and regions, EIB Global intends to take a more focused approach to development finance and international partnerships, especially in the context of the Team Europe initiatives. Through EIB Global, the Bank also aims to strengthen its local presence in offices around the world by bringing in more technical and financial experts. These experts should help identify and deliver projects on the ground and thus enhance EIB Global’s impact and contribution to the United Nations Sustainable Development Goals.
Read the case study here.
Authors: Karim Karaki and San Bilal (ECDPM)
The authors would like to thank the people interviewed for this study for their insights and comments.
ETTG study conducted for the Practitioners’ Network for European Development Cooperation.
This study is part of a series of analyses covering 8 European case studies (Germany, France, the Netherlands, United Kingdom, Spain, Italy, and the European Bank for Reconstruction and Development – EBRD) as well as a synthesis report.
Presentation of the analysis report here.
Photo by Sarah Agnew on Unsplash.
The views are those of the authors and not necessarily those of ETTG.