EIB will finance Europe’s poorer regions
EIB will finance Europe’s poorer regions
Submitted by manager on Wed, 03/11/2021
In October 2021, the BoD of the European Investment Bank approved the cohesion orientation paper that sets out the new framework for the period 2021-2027. The representatives of all EU Member States made more funding available for public and private sector projects in cohesion regions — those with a GDP per capita below the EU average. The new framework also increases climate action and environmental lending in poorer regions, fostering innovation and ensuring that the EIB financing complements the EU cohesion policy funds in the new seven-year EU budget. The EIB’s services aim to reduce regional disparities by supporting projects in the European Union’s poorer regions.
These regions can be found in:
- Belgium
- Bulgaria
- Croatia
- Czech Republic
- France (ultra-peripheral)
- Greece
- Hungary
- Italy
- Latvia
- Lithuania
- Poland
- Romania
- Slovenia
- Slovakia
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