The European Investment Bank (EIB) Group stayed focused on Europe’s key priorities throughout 2024, despite a challenging year marked by global tensions and economic hurdles. According to the EIB Group Lending Report 2024, the bank invested heavily in projects that push the green transition, improve energy security, promote innovation, and support sustainable growth across the EU and beyond.
Last year, the EIB Group signed €88.8 billion in new financing. This helped fund areas like climate action, clean energy, digital technology, security and defense, and healthcare. Together, these projects attracted around €350 billion in total investments that support Europe’s strategic goals.
Almost 60% of the funding went toward environmental sustainability and the green transition. A record €100 billion backed energy security projects, boosting renewable energy, upgrading power grids, and cutting emissions across the EU.
The report also offers a country-by-country look at investments and a five-year overview by sector. Outside Europe, the EIB Group committed €8.4 billion to projects that strengthen resilience and support sustainable development.
The European Investment Fund, part of the EIB Group that backs smaller businesses and innovation, signed €14.4 billion in new operations, including €7.2 billion in equity investments. This is its largest support yet for higher-risk ventures.
Overall, the report shows how the EIB Group is facing fresh challenges with focused, strategic investments that benefit people, businesses, and the environment—even in uncertain times.
