The European Investment Bank and Sustainable Transport Lending

The European Investment Bank (EIB) is the European Union’s bank. Its shareholders are the 27 Member States of the Union. The EIB supports the development of efficient, reliable and secure transport systems in its countries of operations in six lines of transport: aviation, ports, railways, roads, shipping and logistics. Since 1990, the EIB has invested more than 200 billion Euros in the transport sector.

The EIB has decided to provide at least EUR 75bn for trans-European transport projects in the period 2004-2013. In 2011, the EIB lent EUR 9.8bn for transport TENs and major transport axes.

Moreover, the EIB promotes the development of cleaner and safer vehicles by increasingly focusing its lending to the automotive industry on research and development.

The EIB also finances sustainable transport projects in many regions outside the European Union, where it seeks to apply the same quality standards as in the Union.

 

 

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