Public consultation on EIB’s energy lending policy underway

The European Investment Bank (EIB) is launching a public consultation as part of the review of its energy sector lending policy. The review process is expected to be finalised in summer 2013.

The EIB’s energy sector lending policy is based on relevant EU sector policies. These policies are translated into lending objectives and project screening criteria for Bank financing.

The current EIB energy sector lending policy was developed in 2006 and 2007 and is set out in three documents:

• Clean Energy for Europe: A Reinforced EIB Contribution (2007)
• EIB Energy Review (2006)
• EIB and Financing of Nuclear Energy (2007)

The current review is taking place in light of the market and EU policy developments that have occurred in recent years.

The consultation process seeks to solicit views and input from a wide array of stakeholders that are involved in the energy sector and can bring valuable expertise to the review of the EIB’s energy sector lending policy.

Documents

The EIB has prepared an  issues paper that provides external stakeholders with background material about the scope of the review and that raises a number of key issues that will be looked at when reviewing the current energy sector lending policy. This paper is intended to be read alongside the Bank’s energy sector lending documents highlighted above, and the Bank’s other key strategy and policy documents notably the Bank’s Corporate Operational Plan, the various other sector lending policies and the Bank’s Statement on Environmental and Social Principles and Standards.

Links to all these documents can be found in the matrix at the bottom of this page.

Submitting comments

Stakeholders can send written contributions until 31^st December 2012. Written comments received will be published on the EIB website [http://www.eib.org/].

Contributions can be submitted by email, fax or mail to:

European Investment Bank
FAO Adrian Aupperle (Communication Department)
98-100, boulevard Konrad Adenauer
L-2950 Luxembourg
Fax: +352 43 79 – 62000
E-Mail: aupperle@eib.org

Consultation meeting

A public consultation meeting will take place on 7^th December in Brussels. This meeting is open to all interested stakeholders and offers the opportunity to exchange directly with EIB staff about the Bank’s energy sector lending policy and the key issues at stake within the review.