Mid-term review of the EIB Group Climate Bank Roadmap

This review summarises the EIB Group’s progress in delivering on its Climate Bank Roadmap 2021-2025. The Roadmap lays out how the EIB Group would support the European Green Deal and a just transition to low-carbon, climate-resilient and environmentally sustainable development. In taking stock of progress so far, this review highlights the EIB Group’s deep commitment to climate action and environmental sustainability, even in the face of geopolitical challenges such as the Russian invasion of Ukraine and its impact on world energy markets.

Halfway through the implementation of the Roadmap, this review shows that: the Group has met its commitment to align new operations with the Paris Agreement; EIB delivery of green financing at over 50% is ahead of schedule; and the Group is on track to support €1 trillion of green investment by 2030. While adjusting its approach in response to scientific, regulatory and market developments since 2020, a key conclusion of this review is that the Climate Bank Roadmap remains fit-for-purpose and will continue to provide the operational framework for delivery of the green ambitions of the EU climate bank through 2025.