By 2025, the European Investment Bank (EIB) has “quadrupled” its financing in the fields of security and defence to more than €4 billion, said its President, Nadia Calviño, on Thursday 29 January, when presenting the Bank’s annual results.
“It is a step change”, she said, pointing out that the envelope devoted to these sectors had reached, a year ahead of schedule, the target of 5% of total funding set for 2026. And she predicted that the level of financing will be maintained in 2026.
According to Ms Calviño, the EIB plays a role where it provides “real added value”, namely in “major infrastructure projects” that facilitate military mobility and require advantageous long-term loans. In particular, the expansion of a port in Denmark was mentioned.
In 2026, the EIB will extend its action to investments related purely to the defence sector.
Giving an overview of the investments made by the EIB last year, the former Spanish Finance Minister provided the following statistics: - almost 60% of the financing contributed to decarbonisation and reducing the EU’s energy dependency, with major investments in energy security, building renovation and renewable energy; - 10% of the financing supported projects outside the EU, in particular through the ‘Global Gateway’ instrument.
With regard to housing, the EIB’s ambition is to be involved in the construction of one million affordable homes by 2030.
See the 2025 Activity Report: https://aeur.eu/f/kh7 (Original version in French by Mathieu Bion)