European Investment Bank (EIB)

📦 A new era of sustainable deliveries to people in remote locations WINGCOPTER, a German aerospace company, is revolutionising last-mile delivery with electric cargo drones by providing rapid, clean, and cost-effective deliveries, especially to hard-to-reach areas across the globe. They already collaborated with UNICEF and Federal Ministry for Economic Cooperation and Development (BMZ) to deliver life-saving medicines and medical supplies to rural communities in Malawi. The financing received from the EIB will help Wingcopter ramp up production of their flagship model, expand delivery services in Europe and beyond, and accelerate innovation efforts. Why is this important? 🔵 By replacing carbon-intensive road and air transport, Wingcopter’s drones contribute to the EIB’s goals of decarbonisation and digitalisation of the transport sector. 🔵 These zero-emission drones reduce CO2 emissions and air pollution, promoting a greener future. 🔵 It supports the shift to sustainable transport means and enhances last-mile logistics efficiency. Backed by the InvestEU programme, this financing is a testament to our commitment to fostering innovation and sustainability in Europe and beyond. Read our blog story on how the company is empowering communities and delivering goods and medicines sustainably: https://bit.ly/4d7yeKD Every other week, we will introduce you to an innovative company that is shaping tomorrow, today. Stay tuned! #Innovation #InvestEU #CleanTech #Sustainability #Drones #LastMileDelivery #WebSummit

📢 Top news of the week: 🔵 President Nadia Calviño welcomed Minister of Inclusion, Social Security and Migration Elma Saiz Delgado to introduce the Inclusion Policy Lab – a groundbreaking initiative launched in Spain to drive investments that are both economically and socially beneficial. 🔵 During her tour of EU capitals in Bratislava, Prague and Vienna, President Calviño discussed policy priorities with government officials, including public transport, clean energy, and affordable housing. 🔵 VP Yannis Tsakiris announced a new investment in Ireland to support offshore wind projects. Find out more in President Calviño’s #1week1minute video ⤵️ #WeeklyDigest #NewsOfTheWeek 

As the #Paris2024 Olympics and Paralympics come to a close, we give thanks to their host country France.   While having worldwide attention for a few months, France has had our full attention since we started operations in 1959.   Together we supported innovation, SMEs, business, vital infrastructure, climate action and sustainable projects.   Some of the projects and companies you will recognise in our video: Wandercraft, developing an innovative exoskeleton to help people with impaired mobility in their daily life Florimond Desprez, producing climate resilient seeds Région Ile de France, with its new and sustainable transport system Verkor, a manufacturing plant set to produce high efficiency lithium-ion batteries for electric vehicles.   These are just some of the many EIB Group investments in #France 👉 https://bit.ly/FranceEIB

This week, VP Yannis Tsakiris' visit to Ireland reaffirms our continued commitment to driving investments across the country, including: 🔹the transition to a low-carbon economy through offshore wind projects alongside Department of Transport, https://lnkd.in/ddEgKf4b 🔹the National Smart Metering Programme with a €450 million loan aiming to reduce carbon emissions and enhance the use of renewable energy. https://lnkd.in/d4qCMhDp His visit also marked our 35-year partnership with University College Dublin. Since 1989, we have provided €453 million to help the university deliver academic excellence, face student housing challenges, and become more sustainable. https://lnkd.in/dMBS9rWS

Together with EU and local partners, we are advancing key initiatives in West Africa. Projects in Cabo Verde and Senegal, announced by our Vice-President Ambroise Fayolle on the ground, will empower communities through green energy production, improvement of digital infrastructure, and SME support. Under the #GlobalGateway initiative in Cabo Verde, a total of €300 million will finance critical investments across three sectors: 🟩 Renewable energy: Advancing the sector with contributions from the EU and Luxembourg, aiming to reduce fossil fuel dependence by 2040. 🟩 Port infrastructure: Modernising maritime facilities, including improvements to ports and shipyards. 🟩 Digital connectivity: Enhancing Cabo Verde’s digital infrastructure with the deployment of a new submarine cable. In Senegal, we are providing crucial financing for SMEs and Mid-Caps to boost job creation, support women-led businesses, and secure food sovereignty. Together with: 🟩 Banque Atlantique: Supporting companies in strategic sectors such as IT, agribusiness, and health. 🟩 Groupe COFINA: Providing essential financing to agricultural SMEs, particularly in horticulture and cereal production. 🟩 La Banque Agricole: Promoting sustainable agriculture and investments for over 3,000 people, focusing on green initiatives, irrigation, and mechanisation. #TeamEurope #WestAfrica #Senegal #CaboVerde

Small island states are on the frontlines of climate change, facing economic, social, and environmental challenges. They suffer from frequent extreme weather conditions, ocean warming and rising sea levels, hindering their efforts to achieve sustainable development. In their latest op-ed, President Nadia Calviño and EU Commissioner Jutta Urpilainen detail how we work together, under the EU's Global Gateway strategy, to support the world's most vulnerable communities adapt to climate change, and build a more prosperous future for all. Read the article ➡️ https://bit.ly/3XcWMf5 #SIDS #ClimateChange #GlobalGateway #OpEd

Europe's prosperity depends on innovation, deeper integration, and well-targeted investment in key technologies and infrastructures that will boost productivity. The main takeaway from Mario Draghi's report on the future of European competitiveness is that the EU has to pool resources and show unity in the face of overlapping challenges.   The EIB Group’s investment priorities are fully aligned with the report’s recommendations. We are determined to deploy the full range of our financing instruments in support of investments that will accelerate decarbonisation, digitalisation, and economic and social resilience.   Read the report here➡https://bit.ly/4ggc7Ez

Poltava has recently faced significant challenges due to attacks on its civilian infrastructure, yet the determination of Ukraine’s Paralympic sitting volleyball team, remains unwavering.   The team trained at the reconstructed sports complex Kolos in Poltava, whose reconstruction we supported together with the Delegation of the European Union to Ukraine, Ministry for the Restoration of Ukraine, UNDP Ukraine and our partners, before going to the Paralympic Games in Paris.   Though they didn’t come away with a win, their journey is a testament to resilience and the pursuit of their dreams, reflecting the hopes of all Ukrainians: that our only battles should take place on the sports field, not in war.   We are proud to have been a part of their inspiring story from training in the Kolos centre to representing #Ukraine on the world stage.

As another week comes to an end, here are some of the highlights from the past week that you might have missed. 🔵We signed new investments inside and outside Europe: in Slovenia to upgrade the power distribution network, helping meet the country's growing electricity demand; in Cabo Verde to modernise and improve existing digital, energy and port infrastructure, turning the country into a premier digital hub for the region; in Senegal to support the private sector. 🔵President Nadia Calviño met with fellow Heads of Multilateral Development Banks to improve the way we work together as a system, and with UN Climate Change Simon Stiell to prepare the upcoming #COP29. 🔵Vice-Presidents Nicola Beer, Robert de Groot, Teresa Czerwińska, Ambroise Fayolle and Kyriacos Kakouris attended various meetings and events, reinforcing multilateral cooperation to deal with global challenges. Watch President Nadia Calviño's #1week1minute video ⤵️

📢 We need your insights to address one of Europe's most pressing challenges: affordable and sustainable housing.   If you are: ▪️ Regional or local government authority ▪️ Ministry ▪️ State, regional or local agency ▪️ National promotional bank ▪️ Public or private bank ▪️ Debt or equity provider ▪️ Equity fund ▪️ Institutional investor ▪️ Affordable housing provider ▪️ Market housing provider ▪️ Construction company ▪️ Real estate developer   ⚠ Your views are important. Join our survey by 𝟏𝟓 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟒👉 https://lnkd.in/eSqw2hCx