European Fund for Strategic Investments: Difference between revisions
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 32: | Line 32: | ||
* [[European Investment Fund]] | * [[European Investment Fund]] | ||
* [[European Union]] | * [[European Union]] | ||
*[[Fund]] | |||
* [[Global Financial Crisis]] | * [[Global Financial Crisis]] | ||
* [[Supranational bond]] | * [[Supranational bond]] | ||
Latest revision as of 21:34, 10 July 2022
European Union (EU) - European Investment Bank (EIB).
(EFSI).
The EFSI is a guarantee from the EU budget, complemented by an allocation of the EIB’s own capital.
The total amount aims to unlock additional important investment for higher-risk projects in the EU.
The EFSI is implemented by the EIB Group and projects supported by it are subject to usual EIB procedures.
With EFSI support, the EIB Group is providing funding for economically viable projects, especially for projects with a higher risk profile than usually taken on by the EIB.
It was established in response to historically low levels of investment within the EU, following the Global Financial Crisis.
The EFSI focuses on:
- Strategic infrastructure including digital, transport and energy
- Education, research, development and innovation
- Renewable energy and resource efficiency
- Support for small and mid-sized businesses
Projects in the UK received EFSI financing during the UK's membership of the EU.
Following the UK's withdrawal from the EU, the UK does not receive any new support under the EFSI.
