I think it was just what Peeter's was saying. Shareholders don't...

I think it was just what Peeter's was saying. Shareholders don't like military projects he says, so dual use gets around this. Dual use is what they are accusing China of supplying Russia, you know like washing machines and shovels.

Funding sources[edit]

2019 EIB donors conference

The European Investment Bank is a not for profit organisation. While it is a European Union body, none of the European Investment Bank's funds come from the European Union budget, the bank is financially autonomous. It has its own resources and money raised through the international capital markets.^[37]

The EIB issues bonds to borrow money on capital markets which it then lends to its clients, which is a common way for governments and corporations to borrow money. Both parties agree on a fixed date when the loan is due to be paid back usually including an interest rate.^[38] The EIB's bonds are purchased by retail investors and institutional investors around the world.

The EIB focuses on long-term investment and is triple-A rated by Moody's, Standard and Poor's, and Fitch.^[34] This allows the Bank to borrow money at lower rates to then lend it at lower rates to projects inside and outside Europe that foster EU policy objectives.^[39][34]

In addition to benchmark bonds, public bonds, and private placements that vary in terms of size, currencies, maturities, and structures, the Bank offers Green Bonds and Sustainability Awareness Bonds.^[40][41]

The European Investment Bank issued the first Green Bond in 2007, called a Climate Awareness Bond. The EIB is the global leader of Green Bonds issuance with over EUR 30.8bn raised in 2020 across 16 currencies.^[42][34] With the money raised through Green Bonds, the EIB exclusively supports projects that contribute to climate action in the renewable energy sector (including wind, hydroelectric, solar and geothermal energy production) and the energy efficiency sector (e.g. projects for district heating, co-generation, and building insulation).^[4