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, 750 million for the Global Foundries semiconductor factory in Crolles (Isère). ) or 442 million for the development of Engie heating networks in around fifteen urban areas... These are some of the hundred projects which have benefited from financing from the European Investment Bank (EIB) in France in 2023, mainly in the climate transition.
Based in Luxembourg, the EIB, a little-known institution of the European Union, is its arm to finance its economic and industrial policy.
Since 2020, it has transformed into a
“climate bank”
to support investments in the energy transition, and has stopped financing fossil industries.
In total, in 2023, it has invested 88 billion euros - a record - in 900 projects, including 12 billion in France, the second beneficiary country...
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