The European Investment Bank (EIB) has approved the second phase of its pioneering Climate Bank Roadmap, with a clear goal: to accelerate green financing while strengthening Europe’s competitiveness, energy security, and technological leadership. The decision, adopted this week by its Board of Directors in Cyprus, includes a record increase in investments in power grids and clean energy, along with a radical simplification of financing processes to allow companies and households faster access to green capital.

Specifically, the EIB will allocate €11 billion this year to new investments in power grids, having already mobilized 40% of all European investment in this sector in 2024. In addition, a €17 billion initiative has been launched to support 350,000 European SMEs in energy efficiency, along with counter-guarantees for wind and grid manufacturers to ensure a sustainable supply chain.

EIB President Nadia Calviño emphasized that the institution “doubles down on the green transition because it is the right choice for the future and smart for the economy,” in a context where clean and affordable energy is key to reducing costs for European businesses and households.

Double financing for climate adaptation

One of the highlights of the new phase of the roadmap is the doubling of financing for climate adaptation to €30 billion between 2026 and 2030, twice the previous period. The EIB focuses on agriculture, water management, and vulnerable communities, recognizing that every euro invested in prevention can save five to seven euros in future damages.

Simplification and faster access to green financing

The EIB also aims to reduce bureaucracy: eliminating redundant procedures, relying on self-regulation, and using digital tools such as the Green Checker. The goal is to enable especially SMEs to access green loans more quickly, relying on European standards like the Corporate Sustainability Reporting Directive (CSRD).

Anchor of Europe’s energy transition

Since 2020, the EIB has mobilized over €560 billion in green investment, 90% of it within the European Union, and remains committed to channeling at least €1 trillion this decade. With this second phase, it consolidates its position as Europe’s “Climate Bank” and a central player in the green industrial revolution.