European Investment Bank
The European Investment Bank is one of the largest financiers of sustainable energy projects in the world. Access to sustainable and modern energy services is prerequisite for meeting basic human needs and for economic and social development. This is the seventh UN Sustainable Development Goal, and nowhere is it more of an issue than in Africa. Energy is one of our key priorities on the continent, taking in renewable energy, energy efficiency and transmission projects.
The EIB finances clean energy projects in all shapes and sizes, and using different instruments, from investments in funds to support small scale initiatives through to direct financing of large scale PPPs and regional power transmission lines. Climate Action is the challenge of our time. To ensure Africa’s future prosperity, it must meet its energy needs in a sustainable way. The EIB brings its expertise in energy projects to ensure these needs are met.