06/02/2025 (Agence Europe) – Speaking at the International Energy Policy Forum 2025 organised by the Financial Times on Wednesday 5 February, EIB Vice-President Thomas Östros explained that, against the backdrop of the US administration’s withdrawal from the Paris Agreement, Europe needed to protect its economic future, ensure its security and maintain its leadership in the global green economy. “While others are retreating, Europe must stay the course. (...) We need a favourable framework that attracts private capital, strengthens public-private partnerships and leverages international investment”. He pointed out that in 2024, EIB Group financing in the energy sector had reached €28.5 billion, double the previous year’s figure, and that the EIB would continue to mobilise capital for clean energy projects. (PLD)