Outlook for 2021

The pandemic and its effects will continue into 2021 where we face a long path to recovery.

But this will not be the first time we overcome a crisis.

Our commitment to small businesses in 2021 remains steadfast. Whether this is with the EIB Group’s EUR 25bn European Guarantee Fund to shield them against the damaging effects of the pandemic, or our key role in deploying the new EUR 26bn InvestEU programme for investment innovation and job creation across Europe, or through other European and national initiatives, as we seek to set European businesses on the path to recovery.

Attracting private investment capital from institutional investors remains a key strategic goal for us. This source of capital – channeled via the Asset Management and Sustainable Development Umbrella Funds (AMUF and SDUF), advised by the EIF, – is important to diversify and strengthen Europe’s investment ecosystem.

The digital and green transitions will be vital to lifting Europe out of this crisis, and so we are committed to driving this forward too. We will be gradually enhancing our financing flows and screening tools in the field of climate action and environmental sustainability. The EIF’s ambition is to target 10% of our activity to these areas in 2021 (excluding EGF). In addition, with InvestEU and dedicated mandates such as the Infra and Climate Funds, we expect to step up our efforts and gradually increase our support targeting the climate and environment field going forward, in line with the EIB Group's Climate Bank Roadmap.

In 2021 we shall continue to use our expertise, our in-depth market knowledge and our resources to do more with less, to do better with less, to support Europe’s entrepreneurs, present and future.

For a resilient future. For a connected future. For a sustainable future.