The year in numbers
Our Public Policy Goals
In our efforts to support EU priorities, we have centred our activity around newly defined Public Policy Goals. These goals consist of four key pillars and two transversal categories.
The public policy dimension of our mission is now engrained in every aspect of work and very much reflected in our dealings with our financial intermediaries, transposing, in this way, into the European economy a clear policy direction, as expressed in the EIB Group and the EU’s relevant strategies, most notably relating to the pursuit of a greener, digital and more inclusive future.
Our public policy goal (PPG) lens has been used across the board this year, with transactions evaluated in relation to their PPG impact, and key performance indicators (KPIs) that are tightly linked to the achievement of our public policy objectives.
This year’s breakdown saw 39% of our commitments addressing competitiveness and growth, 19% aimed at innovation and digitalisation, 3% dedicated to social impact, skills and human capital but directly affecting a significant number of people, and 39% targeting sustainability and the green transformation, with green activity seeing the largest jump compared to last year.
In relation to our horizontal public policy objectives, climate action and environmental sustainability accounted for 34% of our work this past year, while 47% of our investments addressed economic and social cohesion - both above our targets for the year.
1. This figure does not correspond to the €14.9bn committed this year. It refers to SMEs that have received support through existing transactions as reported in the course of 2023.
2. Nonetheless, it should be noted that there is also a certain overlap across the various PPGs, with many competitiveness measures having a social dimension and vice-versa, or innovation and sustainability going hand in hand as well. Moreover, investments in the climate and environmental fields help businesses to adjust their business models to new challenges, thus having an impact on innovation, competitiveness and growth.
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