Bogdan Tudorache

European Investment Bank (EIB) has approved up to EUR 4.9 billion in investment for clean energy, sustainable transport, high-speed communications and social housing, as well as health and education infrastructure across the world.

Of the approved investments, EUR 1.7bn are for the private sector investment, including reducing industrial energy use, developing medical devices and accelerating digitalisation of postal services. Money will be given to companies in Bulgaria, Italy, Romania, Serbia and Spain, also to support climate action. Also, other EUR 1 billion will be invested in clean energy investment across Europe and Central Asia.