Global Gateway: Commission and EIB announce funds worth €18 billion to boost investments in climate action and sustainable economies

The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe's investment strategy for partner countries.

This will boost investment in Global Gateway's priority areas – climate action, clean energy and connectivity – in Europe's partner countries around the world. In particular, these projects will aim to help bridge the global climate finance gap and support prevention, adaptation and mitigation.