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Monday, 13 November 2017

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Sweden: Investment Plan for Europe - EIB backs Volvo Cars' research and development programme

The EIB and Volvo Car Corporation have signed a EUR 245 million loan agreement backing research and development activities in connectivity, efficient petrol hybrid engines, longer-range electric cars and advanced driving assistance systems. The EIB transaction with Volvo Cars was made possible by the European Fund for Strategic Investments (EFSI), which is the central pillar of the Investment Plan for Europe. It was founded by the EIB Group and the European Commission to boost the competitiveness of the European economy.

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Climate in everything we do: new tool announced at COP23 to speed up mainstreaming in financial institutions

Today at COP23, the Climate Action in Financial Institutions initiative has called on the world's entire financial community to sign up to a set of key principles for mainstreaming climate action adopted in 2015 during COP21. The call comes at an official UN side event in Bonn co-organised by the EIB, the Development Bank of Latin America (CAF) and I4CE - Institute for Climate Economics (Secretariat of the Initiative). Representatives of the institutions supporting the initiative also called on business and industry to join them in implementing the 5 Voluntary Principles for Mainstreaming Climate Action.

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Tunisie : la BEI finance le nouveau réseau suburbain de Tunis

Avec ce nouveau financement avec la République tunisienne et la Société Nationale des Chemins de Fer Tunisiens (SNCFT), la BEI renforce son soutien au développement d'infrastructures de transport urbain performantes et durables, accessibles aux Tunisiens habitant dans les quartiers périphériques de Tunis. Plus de 15 600 emplois seront créés grâce au développement de ce projet ferroviaire qui permettra de doter la ville de Tunis d'un nouveau système de transport rapide sur 17km avec les lignes D et E.

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Fiji: Largest ever EIB support for water investment in a small island state

At the COP 23 climate summit Frank Bainimarama, Prime Minister of Fiji and President of COP 23, today welcomed new support from the EIB to better protect water infrastructure against extreme weather events in Fiji.

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Joint White Paper by China Green Finance Committee and EIB set to strengthen international Green Bond market

On the margins of the COP 23 climate talks in Bonn, the Green Finance Committee (GFC) of the China Society for Finance and Banking and the EIB today launched a White Paper that provides an international comparison of several green bond standards. The new paper paves the way for enhancing the consistency of green finance definitions and standards between China and the EU.

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