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Efsi said to mobilise €50bn

The European Fund for Strategic Investment mobilised €50 billion of investment in 2015, the European Investment Bank has claimed.

The EIB Group, comprising the EIB and the European Investment Fund, provided €7.5bn of financing guaranteed by Efsi in 2015, the EIB said on 14 January. This supported additional financing from national banks, bringing the total financing guaranteed by Efsi in 2015 to €50bn, or 16 per cent of the total Efsi target. 

Of the €7.5bn, the EIB provided €5.7bn for 42 “projects”, and the EIF provided €1.8bn for 84 “operations” in 22 member states. Almost 50 per cent of the EIB-backed projects were said to be related to climate and the environment.

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