The role of the European Investment Bank in financing the green transition

KAVVADIA, Helen

doi:10.4324/9781003246985-5

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The role of the European Investment Bank in financing the green transition

KAVVADIA, Helen

2023 • In Dyrhauge Helene and Kurze Kristina (Ed.) Making the European Green Deal Work: EU Sustainability Policies at Home and Abroad

Peer reviewed

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https://hdl.handle.net/10993/58282

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10.4324/9781003246985-5

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Keywords :

Social Sciences (all)

Abstract :

[en] This chapter deals with the topic of green financing, focusing on the role of the European Investment Bank (EIB). The EIB constitutes a particularly relevant case study because the EIB proclaimed itself to be the first international climate bank in 2019. Upon its proclamation, the EIB pledged that it would stop investing in fossil fuel projects by the end of 2021 and provide EUR 1 trillion for climate projects before 2030. As such, the EIB can induce change by promoting climate-related investments, not only through attractive lending conditions but also-as Kavvadia argues-by diffusing sustainability norms through project selection and due-diligence criteria for projects to be financed.

Disciplines :

Political science, public administration & international relations

Author, co-author :

KAVVADIA, Helen ; University of Luxembourg

External co-authors :

Language :

English

Title :

The role of the European Investment Bank in financing the green transition

Publication date :

2023

Main work title :

Making the European Green Deal Work: EU Sustainability Policies at Home and Abroad

Main work alternative title :

[en] Making the European Green Deal work: EU sustainability policies at home and abroad

Author, co-author :

Dyrhauge Helene and Kurze Kristina; Roskilde University and Andrassy University

Publisher :

Taylor and Francis, London, United Kingdom

ISBN/EAN :

978-1-00-093284-3
978-1-03-216070-2

Pages :

43-58

Peer reviewed :

Peer reviewed

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since 30 November 2023

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