EFSI is an initiative launched jointly by the EIB Group - European Investment Bank (EIB) and EIF - the European Commission to help overcome the current investment gap in the EU by mobilising private financing for strategic investments. EFSI is one of the three pillars of the Investment Plan for Europe that aims to revive investment in strategic projects around Europe to ensure that money reaches the real economy.
EFSI should unlock additional investment of at least EUR 315bn
over a three year period.
EFSI is a EUR 16 billion guarantee from the EU budget, complemented by a EUR 5 billion allocation of the EIB’s own capital. EFSI has two components to support projects with wide sector eligibility:
EFSI has its own dedicated governance structure which has been set in place to ensure that investments made under EFSI remain focused on the specific objective of addressing the market failure in risk-taking which hinders investment in Europe. In doing so, EFSI is increasing the volume of higher risk projects supported by the EIB Group.
Latest update: 15th March 2017