EIB adopts Phase Two Climate Bank Roadmap

The European Investment Bank (EIB) Board has adopted phase two of the EIB Group Climate Bank Roadmap, approved during the Board meeting in Cyprus, setting priorities to 2030 including a doubling of adaptation finance and a radical simplification of procedures.

• Main announcement and implementation details:

  • Adoption: EIB Board of Directors adopted Phase Two of the Climate Bank Roadmap (decision taken in Cyprus).
  • Doubling adaptation finance: Doubling adaptation financing to €30 billion for the 2026–2030 period (compared with the previous five years).
  • Simplification: Radical simplification of procedures by relying on self-assessment, existing rules, benchmarks, regulatory standards and expanded use of digital tools like the Green Checker.

• Background, targets, and concrete measures:

  • Past performance and targets: EIB Group has supported over €560 billion in green investment since 2020 and remains on track to support at least €1 trillion in green investment this decade.
  • Planned financing and initiatives: Record €11 billion planned for energy grids this year; a €17 billion initiative to help 350,000 SMEs invest in energy savings; TechEU aims to mobilise €250 billion by 2027.
  • Stakeholder engagement / events: External stakeholder meeting in July 2025 (drew over 160 registrations) with a follow-up meeting in September 2025; Board decision announced in Cyprus this week.

Reference: 2025-353-EN