Maximising Climate Bank — EIB Operations in Sustainable Transport - CleanTechnica

The European Investment Bank (EIB), committed since 2021 to becoming the EU’s Climate Bank through its Climate Bank Roadmap, plays a crucial role in financing sustainable transport as part of the clean transition. An analysis by Transport & Environment (T&E) of 254 EIB operations from 2021 to early 2025, totaling €61 billion, reveals significant gaps and opportunities. While the EIB has invested heavily in rail (€23.6 billion) and urban mobility (€13.3 billion), which are positive contributions to decarbonization, it has also allocated substantial funds to less sustainable areas. Notably, €7.79 billion went to road infrastructure—mostly new roads—and €1 billion to biofuels, which are considered environmentally problematic. Additionally, airport expansions and port projects largely lack renewable energy integration, sometimes violating the EIB’s own climate commitments. Looking ahead to the 2026–2030 Climate Bank Roadmap, T&E urges the EIB to