EU Guarantee for EIB External Investment Projects

Summary

The proposal seeks to amend the EU guarantee to the EIB to better support investment projects outside the Union, focusing on addressing the root causes of migration and promoting sustainable development.
10 19.03.2018
Other
economy
refugee
environment
human rights
social policy
international relations

Key points

  • Expansion of the EIB's mandate to address the root causes of migration, such as poverty and climate change.
  • An increase in the maximum ceiling for EU-guaranteed financing operations.
  • Earmarking specific funds for public sector projects that support refugees and host communities.
  • A commitment to increase climate-related investments in developing countries to 35% by the year 2020.
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