France is the second beneficiary of funds from the European Investment Bank, mainly for the green transition and innovation. One billion euros for the future line 15 of the Grand Paris Express metro, 450 million for the AESC-Envision giga-electric battery factory in Douai.
In total, in 2023, the EIB has invested 88 billion euros - a record - in 900 projects, including 12 billion in France. The EIB, a little-known institution of the European Union, is its arm to finance its economic and industrial policy.