The European Investment Bank’s role in financing sustainable urban transport

13 June 2007  •  Author(s): Mario Aymerich, Deputy Head of Division Urban Transport & Development, EIB Projects Directorate

Since 2000, the European Investment Bank has lent over EUR 17 billion for investment in urban transport projects, mostly for schemes located within the European Union Member States. Established nearly 50 years ago, EIB is the EU’s bank for financing projects that promote the Union’s economic and social policies.

Currently, EIB’s main lending priorities are focused on projects supporting development in the EU’s poorer cohesion regions, construction of trans-European transport and energy networks, promoting innovation and human capital, supporting the activities of small and medium sized enterprises, improving the environment, and ensuring efficient and secure energy supplies. Outside the European Union, the Bank supports projects as part of the EU’s external cooperation and development policy.

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