EIB confirms new support for climate investment across eight Chinese provinces and joint green finance engagement with Chinese investors

Speaking at the start of a five day climate focused visit to China, the Vice-President of the EIB announced that Europe’s long-term lending institution provided EUR 298 million (2.2 billion CNY) to support investment in new environmental, energy efficiency and forestry projects across China last year. New cooperation between the European Investment Bank and the People’s Bank of China to mobilise greater support for green finance from institutional investors was also confirmed.