The EIB furthers the objectives of the European Union by making long-term finance available for sound investment.

The EIB Group offers four main services to its clients: loans, technical assistance, guarantees and venture capital.

EIB lending is governed by a series of mandates from the EU in support of EU development and cooperation policies in partner countries.

In May 2009, the EIB granted Jordan a USD 100m loan to enable it to build a strategic aqueduct to carry water drawn from an immense aquifer beneath the desert. As well as providing financial engineering the EIB made its leading-edge water expertise available to Jordan, underpinning a long-term reform of the country's water policy.
The EIB organises regular public consultations on key policies governing its operations. At present, it is assessing the comments received during the second round of consultations on its Public Disclosure, Transparency and Complaints Mechanism policies.
The new cement plant will make a significant contribution to reducing poverty and sustainable economic development in northern Namibia. The Ohorongo plant will provide over 300 direct jobs and provide indirect employment for over 2,000 people in the Tsumeb area, a poor rural district.
The new EIB information brochure has just gone out. In this issue, the spotlight has been placed onto the EIB's revised policy on offshore financial centres developed at the initiative of the bank's board of directors. The latter was approved on 14 July 2009 following extensive discussions with EU member states, key expert lead organisations, international financial organisations and other concerned stakeholders including civil society organisations.
With a nameplate power of 17 MW, the new plant is a global pioneer in the commercial application of CSP technology and the only existing commercial-scale solar power demonstration project based on a central tower receiver and heliostat field and an innovative molten salt heat storage system. The Gemasolar plant will supply clean and secure energy to 25 000 households, reduce CO2 emissions by more than 30 000 tonnes a year and create around 1 000 direct jobs during the construction phase.
The EIB signed a EUR 60m financing operation with Dexia Crédit Local (DCL) and Caisse d’Épargne for the construction of the Robert Schuman Hospital by the Metz Private Hospitals Association (HPM - Hôpitaux Privés de Metz). The new hospital will have around 600 beds and will bring together leading-edge medical and surgical services and other areas of specialisation in a single complex as from 2012.
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