A bank with a positive impact
The CEB continues to scale up its activity volumes to meet social needs, while focusing on quality and social impact of the projects that it funds. In so doing, the Bank contributes to a more inclusive and sustainable growth, which benefits in particular the most vulnerable, and takes part in the global efforts to combat climate change.
Strengthening social cohesion across Europe
The long economic crisis and major structural changes from the increasing pace of globalisation have hit Europe and its people hard. Against this backdrop and in line with the strategic orientations of its Development Plan for 2017-2019, the CEB:
- continues to scale up its activity volumes in response to increased needs for social investments across its membership base. In the first year of implementation of the this Development Plan, a total of 3.9 billion was approved for 41 social projects;
- at the same time, focuses on quality and social impact of the projects that it funds, by providing non-lending value (see more…)
Helping the inclusion of the most vulnerable
The CEB has consistently promoted a comprehensive approach to social inclusion, going far beyond its role of mere financier. The projects financed by the Bank place particular emphasis on disadvantaged groups and often focus on support to persons in precarious situations. In particular, the CEB considers the long-term integration of migrants and refugees as a basis for community development and overall social cohesion (see more...).
From mainstreaming to fostering climate action
The CEB endorses the commitments made in the 2015 Paris Agreement through its Development Plan 2017-2019 and its revised Environmental and Social Safeguards Policy introduced in November 2016.
Given the considerable challenges ahead, support for climate action investments and the mainstreaming of mitigation and adaptation measures in all its projects continue to be a priority for the Bank. In order to scale up its adaptation activities, the CEB has also been working together with its stakeholders and peers to reflect on the design of adaptation strategies and elaborate guidance for resilient project development. Furthermore, in 2017, the CEB joined the landmark Climate Action in Financial Institutions initiative, thereby endorsing the Five Voluntary Principles for Mainstreaming Climate Action (see more…).
Anton Spierenburg, Deputy Director for Technical Assessment and Monitoring:
Climate change is happening; we need to adapt now and actively support the efforts of our member countries to make communities more resilient.