Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The European Union’s Urban Waste Water Treatment Directive (UWWTD) has led national governments, local authorities and industry to invest large amounts of money in controlling water pollution. Today, 15 Member States of the EU have collecting systems in place for 95% of the pollution and secondary treatment for 87%.
However, some areas still lack waste water treatment facilities. In the 12 ‘new’ Member States, which start from a lower compliance base, EUR 35 billion will be needed to achieve full implementation of the Directive. The EIB will complement the grants available from the European Commission by co-financing networks and treatment facilities in the new Member States.
The EIB has been the largest source of loan financing to the global water sector to date as compared with other international financing institutions. In the five-year period 2007 to 2011, EIB direct lending to water-related projects, excluding hydropower and irrigation, reached EUR 16.1bn, of which 88% was for schemes in the Member States of the European Union.
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