Sustainability & Green Transformation

Sustainability and economic resilience are inextricably linked. Investing in environmentally sustainable projects and businesses not only mitigates environmental risks but also enhances the resiliency of European economies, yielding more green jobs, greater financial stability and increased market competitiveness, amongst other things.

In the face of the severity of climate change and the need to hasten the green transition, and in support of EU climate policy, we have increased our investment activity in climate and environmental impact funds, committing close to €1bn in more than 25 VC and PE funds, effectively doubling our 2022 investment volumes, and a further €1bn in climate and infrastructure funds. We have sought to address persistent funding shortfalls in key and underserved markets by supporting new funds in the energy, agri-food, circular and blue economy sectors as well as enhance coverage of geographies such as Italy, Portugal and Ireland, amongst others.

Energy efficiency and security have also assumed greater importance, with the RePowerEU initiative driving strategic investments that seek to change the way we power our lifestyles and the European economy as we shift to a more sustainable footing.

At the same time, the InvestEU sustainability guarantee has been rolled out rapidly, responding to strong market demand and flanked by significant capacity-building efforts as we all collectively adapt to more sustainable business models.