EIB's CBR2 Roadmap Calls for Increased Focus on Clean Transport Investments
The European Investment Bank (EIB) is advancing its commitment to becoming the 'EU Climate Bank' with the introduction of its Climate Bank Roadmap 2 (CBR2) for 2026-2030, maintaining a target of over 50% green lending while expanding its focus on clean transport investments. The EIB plans to align its Transport Lending Policy with the EU's goals for electrification and alternative fuels, emphasizing support for sustainable aviation and shipping fuels, particularly e-fuels, to meet the Sustainable Transport Investment Plan's €2 billion mobilization target.
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The European Investment Bank (EIB) is committed to becoming the 'EU Climate Bank' under its 2020-2025 Climate Bank Roadmap (CBR1), aiming for over 50% green lending and phasing out fossil fuel support. However, gaps remain, as evidenced by continued backing for fossil fuel companies and road expansions, including an €800 million loan to AENA for airport expansions, contrary to its commitments.
In October, the EIB introduced CBR2 for 2026-2030, maintaining the 50% green lending target but extending rules to all EIB Group entities. The focus now shifts to reviewing the Transport Lending Policy, which must align with the EU's updated technological approach to electrifying transport and alternative fuels. Key investment areas include clean fuels for aviation and shipping, where the EIB can leverage its financial instruments to support sustainable fuel development, particularly e-fuels, in response to the Sustainable Transport Investment Plan's €2 billion mobilization goal.
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