Looking ahead
With the geo-political turbulence showing no sign of respite, it is paramount that we work with like-minded actors to make sure the European economy is strong, resilient and competitive, and that we are able to navigate the green and digital transitions in a way that will see us come out stronger on the other side. With this in mind, we are looking at a busy year ahead…
ETCI 2.0
We expect to complete the signing of the last transactions under the ETCI mandate at the beginning of 2026. Going forward, we will be throwing all our weight behind the new ETCI 2.0 initiative, which is expected to be significantly more ambitious than the first iteration, attracting not only more EU Member States as contributors, but also seeking to find the best formula to effectively attract private investors.
With the geo-political turbulence showing no sign of respite, it is paramount that we work with like-minded actors to make sure the European economy is strong, resilient and competitive, and that we are able to navigate the green and digital transitions in a way that will see us come out stronger on the other side. With this in mind, we are looking at a busy year ahead…
ETCI 2.0
We expect to complete the signing of the last transactions under the ETCI mandate at the beginning of 2026. Going forward, we will be throwing all our weight behind the new ETCI 2.0 initiative, which is expected to be significantly more ambitious than the first iteration, attracting not only more EU Member States as contributors, but also seeking to find the best formula to effectively attract private investors.
Defence
Unsurprisingly, defence will feature heavily in our work going forward. On the back of the successful pilot project under the InvestEU programme, we are now exploring the possibility of scaling up our efforts significantly in the field of cybersecurity & defence, aiming to achieve ten times more than what we have done so far under the Defence Equity Facility, supporting around 40-45 funds in the coming years.
10x
more commitments in cybersecurity & defence in the coming years
Defence
Unsurprisingly, defence will feature heavily in our work going forward. On the back of the successful pilot project under the InvestEU programme, we are now exploring the possibility of scaling up our efforts significantly in the field of cybersecurity & defence, aiming to achieve ten times more than what we have done so far under the Defence Equity Facility, supporting around 40-45 funds in the coming years.
10x
more commitments in cybersecurity & defence in the coming years
Savings & Investment Union
In the course of the year ahead, we will continue to feed into the EIB Group’s efforts to make a major contribution to the Savings & Investment Union. In particular, the EIF will work on strengthening partnerships with the private sector, especially pension funds and insurance companies, most notably through the ETCI 2.0 initiative and the European private equity and venture capital markets. In parallel, we will continue supporting the European Commission with targeted advice to advance on the SIU legislative agenda and we will be working to further deepen market intelligence, building on flagship market intelligence products such as TrackVC and EIF equity surveys.
EU financial instruments
A flurry of activity is expected in support of EU policy goals, implementing the EU’s flagship financial instruments. This coming year will be the last opportunity for Member States to contribute RRF resources to the InvestEU programme through the Member State Compartment. In parallel, once finalised and signed, a new agreement with the European Commission is expected to generate more than €7bn worth of fresh resources for the InvestEU programme, which the EIF will be managing in pursuit of our joint top policy priorities. Equally, when it comes to ESIF resources, we look forward to working with Member States, managing ESIF funds in a way that will generate efficiency gains and real, tangible impact on the ground.
Regional and national mandates
In the course of the coming year, we intend to continue to work closely with Member States across the EU to help them with the structuring and deployment of bespoke financing solutions in support of their local economy as much as the European competitiveness, sustainability and innovation. In particular, we are looking to launch new products in Poland, Italy, the Baltics, Ireland, Malta, Romania, the CEE region and beyond, as we strive to build up the innovation and investment ecosystem across the continent, feeding into the policy goal of a closer Savings & Investment Union.
Savings & Investment Union
In the course of the year ahead, we will continue to feed into the EIB Group’s efforts to make a major contribution to the Savings & Investment Union. In particular, the EIF will work on strengthening partnerships with the private sector, especially pension funds and insurance companies, most notably through the ETCI 2.0 initiative and the European private equity and venture capital markets. In parallel, we will continue supporting the European Commission with targeted advice to advance on the SIU legislative agenda and we will be working to further deepen market intelligence, building on flagship market intelligence products such as TrackVC and EIF equity surveys.
EU financial instruments
A flurry of activity is expected in support of EU policy goals, implementing the EU’s flagship financial instruments. This coming year will be the last opportunity for Member States to contribute RRF resources to the InvestEU programme through the Member State Compartment. In parallel, once finalised and signed, a new agreement with the European Commission is expected to generate more than €7bn worth of fresh resources for the InvestEU programme, which the EIF will be managing in pursuit of our joint top policy priorities. Equally, when it comes to ESIF resources, we look forward to working with Member States, managing ESIF funds in a way that will generate efficiency gains and real, tangible impact on the ground.
Regional and national mandates
In the course of the coming year, we intend to continue to work closely with Member States across the EU to help them with the structuring and deployment of bespoke financing solutions in support of their local economy as much as the European competitiveness, sustainability and innovation. In particular, we are looking to launch new products in Poland, Italy, the Baltics, Ireland, Malta, Romania, the CEE region and beyond, as we strive to build up the innovation and investment ecosystem across the continent, feeding into the policy goal of a closer Savings & Investment Union.
