EIB granted greater investment flexibility by EU Council

The Council of the European Union approved a decision providing the European Investment Bank (EIB) with enhanced flexibility in managing its investment capacity. This modification allows the EIB to increase its gearing ratio from 250% to 290%, enabling better support for Europe’s priorities, including climate action. This foundational change, adopted at the request of the EIB, follows international recommendations to empower multilateral development banks to manage their capital more effectively. The decision will come into effect upon its publication in the Official Journal of the EU.