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dc.contributor.authorEuropean Investment Bank
dc.date.accessioned2023-03-31T06:55:54Z
dc.date.available2023-03-31T06:55:54Z
dc.date.issued2021-01-29
dc.identifier.isbn978-92-861-4820-0
dc.identifier.urihttps://ketlib.lib.unipi.gr/xmlui/handle/ket/3930
dc.descriptionDOI: 10.2867/279140
dc.descriptionThe story of the European Fund for Strategic Investments (EFSI) from 2015 to 2020 told through interviews with the Managing Director, Deputy Managing Director, members of the Investment Committee and final beneficiaries across Europe
dc.descriptionThe EIB uses paper certified by the Forest Stewardship Council (FSC). Because it’s made by people who like trees. FSC promotes environmentally sound, socially beneficial, and economically viable management of the world’s forests
dc.description.abstractThe architects of this €500 billion-plus programme, the head of the EU bank and the president of the European Commission, describe the genesis of this financial pillar of the Investment Plan for Europe. Then the people who ran one of the biggest economic stimulus programmes in history detail how they did it—and what the lessons are for policymakers responding to new crises, including the economic shock caused by the COVID-19 pandemic. The European Fund for Strategic Investments has been one of the good news stories to emerge in a decade of economic uncertainty. It has gone well beyond its highly ambitious target of €500 billion in mobilised investments. The Juncker Plan has made a strong contribution to the 14 million jobs created in the EU between 2015 and 2020. It has become a success in co-financing projects that otherwise might not have been carried through. It has also charted the path towards new ways of financing. This is not only the case in relatively conventional areas, such as infrastructure, but also in sectors like research and innovation or the contribution to climate change mitigation. This is exactly what makes EFSI so ground-breaking: responding to the needs of the market through continuous financial innovation. The principle of the European Fund for Strategic Investments is here to stay. It has paved the way for its successor, the InvestEU programme, which is to be deployed under the 2021-2027 multiannual financial framework. This publication details why the programme was such a success.
dc.format.extent84p.
dc.language.isoen
dc.publisherEuropean Investment Bank
dc.subjectCOVID-19
dc.subjectImpact Climate action
dc.subjectEnvironment
dc.titleThe European Fund for Strategic Investments: the legacy
dc.typecom doc
dc.publisher.placeLuxembourg


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