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      GLOBAL SOLUTIONS, INTERNATIONAL PARTNERSHIPS

      THE EUROPEAN INVESTMENT BANK DEVELOPMENT REPORT 2021

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       About the European Investment Bank

      The European Investment Bank is the world’s biggest multilateral lender. The only bank owned by and representing the interests of the EU countries, the EIB finances Europe’s economic growth. Over six decades the Bank has backed start-ups like Skype and massive schemes like the Øresund Bridge linking Sweden and Denmark. Headquartered in Luxembourg, the EIB Group includes the European Investment Fund, a specialist financer of small and medium-sized enterprises.

       CONTENTS

       FOREWORD BY THE PRESIDENT

       PROJECT DATA FROM AROUND THE WORLD

       SOLUTIONS AND PARTNERSHIPS

       THE PANDEMIC AND DEVELOPMENT FINANCE: WHAT COVID-19 MEANS FOR DEVELOPMENT

       COVAX: VACCINE SOLIDARITY

       COVID-19 AND MOROCCO’S HOSPITALS: FAST RELIEF

       EDUCATION AND DEVELOPMENT: AGAINST THE IMPACT OF COVID-19 IN MOROCCO AND TUNISIA

       CLIMATE CHANGE AND DEVELOPMENT FINANCE: HOW TO CALCULATE CLIMATE RISK FOR A DEVELOPING COUNTRY

       CLIMATE CHANGE AND GENDER: HOW TO FIGHT CLIMATE CHANGE WITH EQUALITY

       THE LUXEMBOURG CLIMATE FINANCE PLATFORM: DE-RISKING CLIMATE INVESTMENT

       COCOA AND SUSTAINABLE FORESTS IN CÔTE D’IVOIRE: FOREST REHAB FOR YOUR CHOCOLATE

       WATER ENGINEERING IN EAST AFRICA: CREATIVE FLOW

       WATER AND KNOWLEDGE TRANSFER: SHARE IT

       PLASTIC POLLUTION AND THE OCEANS: PROTECTING THE WATERWAYS

       WATER SOLUTIONS IN NIGER: FRESH WATER DOUSES VIOLENCE

       SUSTAINABLE TRANSPORT AND GENDER: ALL ABOARD

       GENDER INVESTMENT: CREDIT WHERE IT’S OVERDUE

       FRAGILE AND CONFLICT-AFFECTED COUNTRIES: HOW TO BE SENSITIVE

       INDIGENOUS STAKEHOLDER ENGAGEMENT IN HONDURAS: HOW TO LISTEN

       AFRICA URBAN PLANNING: PROSPERITY TO THE CITY

       DIGITALISATION: THE GREATER THE RISK, THE GREATER THE REWARD

       VENTURE CAPITAL: EQUITY FOR INNOVATIVE BUSINESS MODELS

       MICROFINANCE IN AFRICA: A BIG DIFFERENCE FOR SMALL FARMERS

       GEORGIA SMALL BUSINESSES: A GUARANTEE FOR STRAWBERRIES

       MOLDOVA AGRICULTURE: CULTIVATING SUCCESS

       IMPACT IN DETAIL

       OUR APPROACH TO EXAMINING RESULTS AND IMPACT

       EXPECTED RESULTS OF NEW PROJECTS

       THE EIB’S CONTRIBUTION TO NEW PROJECTS

       CARBON FOOTPRINT EXERCISE

       MACROECONOMIC IMPACT MODELLING

       RESULTS OF COMPLETED PROJECTS

       IN-DEPTH IMPACT STUDIES

       LENDING VOLUMES

       AFTERWORD BY THE VICE-PRESIDENTS FOR DEVELOPMENT

      PRESIDENT’S FOREWORD

      The climate crisis, the mass displacement of people and the international dimension of the COVID-19 pandemic remind us that we cannot face our challenges alone—our solutions must be global. The European Investment Bank is at the heart of the EU effort to turn Europe’s policy initiatives into real development solutions on the ground. This report provides insights into our vital projects and initiatives in all regions around the world that are of priority to the European Union, data and insights on their impact and ideas for our contribution to an enhanced European architecture for development through a series of expert essays.

      As the financing arm of the European Union, and as the only development bank entirely and exclusively owned by the EU’s Member States, we give the European

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