EIB President receives prestigious Italian award for contributions to economy and climate
Pico della Mirandola Prize honours leaders whose work advances society and improves human lives.
EIB NEWS
Institute supports new Climate Chair at Sciences Po
The EIB, the EU’s climate bank, is supporting through the EIB Institute the new Sciences Po European Chair for Sustainable Development and Climate Transition launched on 25 November via an international conference.
#GoBlue – EIB lights up in blue for World Children’s Day
The monumental work of art that marks the entrance to the European Investment Bank’s headquarters in the Kirchberg district of Luxembourg City will be lit up in blue for World Children’s Day on 20 November 2020.
EIB at the Prague European Summit – How can Europe and its cities deliver the EU Green Deal?
The EIB, represented by Vice-Presidents Lilyana Pavlova and Ambroise Fayolle, joined the Prague European Summit 2020 on 18 and 19 November to discuss with Czech and European partners common responses to current and future challenges for the European Union, such as climate change and the post-pandemic recovery.
New study highlights EIB’s role in the upcoming EU research and innovation agenda
In a new study launched today, Professor Mariana Mazzucato, director of the Institute for Innovation and Public Purpose at University College London (UCL), and Dr Olga Mikheeva, Research Fellow at the UCL Institute for Innovation and Public Purpose, explore how the EIB and its technical and financial advisory services can support innovation and green growth and actively contribute to the future implementation of the new EU Missions.
President Werner Hoyer awarded European Banker of the Year
As he delivered the closing keynote of the first day of the Euro Finance Week in Frankfurt, Werner Hoyer, President of the European Investment Bank, received the award for European Banker of the Year for 2019. In his remarks, President Hoyer emphasised how honoured he felt and that this award was recognition of the dedication and extraordinary efforts by the EU Bank’s staff.
Agreement reached between the European Investment Bank, JSC Nenskra Hydro and Hyundai Engineering & Construction Co., Ltd. in relation to the Nenskra hydropower plant project in Georgia
The European Investment Bank (“EIB”), JSC Nenskra Hydro (“JSCNH”) and Hyundai Engineering & Construction Co., Ltd. (“Hyundai”) have come to an agreement regarding certain omissions in disclosing relevant information in the context of bidding for the Nenskra hydropower plant project. According to this agreement, Hyundai remains eligible to participate in EIB financed projects as long as it complies with the terms of the agreement, which includes the appointment of a compliance monitor, appointed with agreement from EIB, to oversee and enhance its integrity compliance program, and a closer cooperation between Hyundai, JSC Nenskra Hydro and EIB in the exchange of best practices in relation to compliance standards and in the fight against fraud.
One EIB Management Committee member tests positive to COVID-19
A member of the EIB Management Committee has been tested positive for COVID-19 and is self-isolating. Following established contact tracing procedures, a number of Management Committee members and staff of the European Investment Bank are currently quarantining.