Europe seeks €800B defense surge as U.S. cuts Kyiv aid, aligns with Russia
The five-point plan, unveiled as "ReArm Europe," is Europe's largest military and economic mobilization effort this century.
European Investment Bank
The European Investment Bank (EIB) is the publicly owned financial institution of the E.U.. Unlike other multilateral banks with a global scope, the EIB's primary mission is to finance projects that support the E.U.'s policy objectives and priorities.
Enjoy our Free+ stories and our weekly newsletter
Start your free accessAlready have an account? Log in
E.U. plans military buildup making Ukraine a repellent 'steel porcupine'
After an extraordinary U.S. repudiation, Ukraine won pledges from world leaders to urgently boost Europe's self-defense.
New A.U.-E.U. Innovation Agenda puts science diplomacy into practice
Adopted in 2023, the policy agreement is a major boost for multilateral science diplomacy between Africa and Europe.
Ukraine maps $750B postwar recovery plan at Swiss conference
More than 40 nations and international organizations signed onto a roadmap for Ukraine's recovery with longterm support.
U.N. audit shows staff dodged virus disclosures
More than 40% of U.N. Geneva staff didn't report their vaccination status despite having to do so, and most of those that did weren't fully vaccinated.
Ocean summit ends declaring a 'global emergency'
More than 150 nations committed to put science at the heart of renewed efforts to tackle the multiple human-caused crises threatening the ocean.
Europe unveils climate-neutral Green Deal to reach net zero by 2050
The E.U.'s three-decade blueprint would remake the 28-nation bloc's economy and help reshape 21st century climate policy.
AfDB 'getting out of coal' with no more financing for fossil fuel energy
The African Development Bank Group says it will no longer support '19th century technologies' like coal and oil.
European Investment Bank may ban funding for fossil fuel energy
The aim is to fulfill the Paris treaty’s goal of limiting warming to no more than 2° C. above pre-industrial levels.