This set of funding in the framework of the Global Gateway aims to boost investment in its priority areas such as climate action, clean energy and connectivity. In particular, these projects will help bridge the global climate finance gap and support prevention, adaptation and mitigation.

EIB President Werner Hoyer said: “Thanks to our solid partnership with the European Commission, EIB Global has already mobilised investments amounting to €31 billion under Global Gateway. This new financing package unlocks more EU support for projects that will make a real difference in partner countries and in some of the areas of the world most in need of transformation. We believe that the Global Gateway initiative will greatly contribute to th