EIB Impact Report 2020

EIB Impact Report 2020
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Investments supported by the European Investment Bank help achieve EU and international policy goals. The report specifically measures the effectiveness of our investments in three key areas:Additionality: the EIB's role is to step in where the market has failed to deliver. Specifically, the EIB examines how our support for a project strengthens it compared to what would have happened without our involvement.Impact: The EIB now measures how its investments contribute to the United Nations Sustainable Development Goals (SDGs). By doing so, the EIB is signalling its commitment to supporting the United Nations' Decade of Action to create peace and prosperity for people and the planet.Climate: The 2021 report focuses on barriers to investment in climate action, environmental sustainability and research and development and innovation for the decarbonisation of energy-intensive industries.

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Contents

Introduction

How the EIB measures its impact

Addressing additionality

Delivering impact

The EIB’s contribution to the UN Sustainable Development Goals

Mapping EIB contributions to the SDGs

EIB impact visualised through the SDGs

Barriers to investment in the European Union

Climate action and environmental sustainability

Regulation. Climate action

Circular economy

Natural capital

Market size and structure. Climate action

Circular economy

Natural capital

Public sector promoter constraints. Climate action

Circular economy

Natural capital

Access to finance

Climate action

Circular economy

Natural capital

Research, development and innovation for the decarbonisation of energy-intensive industries

Regulation. Regulatory uncertainty

Regulatory fragmentation

Market size and structure. Fragmented market structure

Public sector promoter constraints. Difficulties in coordinating among funding resources

Access to finance. Large firms, small and medium-sized businesses and higher-risk projects

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EIB impact report 2020

Climate action, environmental sustainability and innovation for decarbonisation

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•The EIB has been able to improve the viability of projects by blending financing with the European Commission, by focusing on financial intermediaries that cater for small businesses working on climate action and environmental sustainability and by providing advisory services for investment projects.

Lastly, the report also provides a more technical assessment of the challenges facing investors in the economic sectors in which the EIB is particularly active. As the following chart illustrates, the Bank’s lending supports projects in a wide range of sectors in the European Union and beyond.

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