What next?

Next year will see the launch of InvestEU, the EU's flagship investment programme for the new budgetary cycle through to 2027. €11.1bn of the InvestEU guarantee will be attributed to the EIF, making us the single largest implementing partner under InvestEU in terms of the guarantee amount allocated. The new programme brings all EU financial instruments together under one roof with a strong thematic focus targeting a green, inclusive and digital transition as Europe recovers from the crisis. Wrapping up the EGF, we'll be turning our attention to the Recovery and Resilience Facility (RRF), the centrepiece of the NextGenerationEU, the recovery instrument that, alongside the EU budget, forms the largest stimulus package ever financed by the EU. The RRF’s priority is to ensure a sustainable and inclusive recovery that promotes green and digital transitions and our intention is to contribute in any way we can. In parallel, we'll continue to look for new and innovative ways to cooperate with all our partners and reach out to new actors, including through our private fund-raising arm, aiming to attract more private resources to serve public policy objectives alongside good returns. With our PPGs and our thematic orientation in place, we'll be in a better position to serve our European, national and regional partners in translating policy objectives into concrete financial support on the ground, helping European businesses as we transition together to a greener, digital and more inclusive future.