Changes from plenary report to adopted text

Change 1

Changed10. Recalls that the EIB was the first issuer of a green bond and is now the largest multi-currency issuer of green bonds; welcomes the fact that on 2 April 2025 the EIB issued its first Climate Awareness Bond, aligned with the EU Green Bond Standard Regulation1;Regulation; highlights the key role of the EIB in developing the green bonds market and providing financing solutions to sustainable companies;

Change 2

Changed12. Notes that almost 60 % of the EIB’s financing in 2025 was directed towards the transition to a low-carbon economy; calls on the EIB to reinforce competitiveness and economic security by enabling a predictable, inclusive, fair and affordable transition, without placing an undue burden on industry and households; underlines that climate and environmental investments can contribute to strengthening Europe’s industrial base, productivity and global competitiveness; supports investments across industrial value chains, including low-carbon technologies, to enable economically sustainable pathways to decarbonisation, where such investments are driven by innovation and have a clear potential to enhance market competitiveness and European strategic autonomy; calls on the EIB to apply technology-neutral evaluation criteria, such as life-cycle carbon intensity and grid stability, when financing low-carbon energy projects, including nuclear energy, while fully respecting the sovereign right of each Member State to determine its own energy mix;

Change 3

Changed15. Calls on the EIB to further simplify and accelerate application and approval procedures, reduce administrative burdens, and strengthen support for small beneficiaries, including local and regional authorities, municipalities, SMEs and start-ups, by ensuring that prerequisites and reporting requirements are proportionate to the allocation value and/or the size of the beneficiary, without compromising financial standards, and to allocate funding on the basis of efficiency, economic viability and measurable impact; calls in particular, for improved access to financing for SMEs and start-ups, including through simplified eligibility criteria and procedures under InvestEU and the EIF, especially in less developed and rural regions, complemented by enhanced technical assistance; further calls for funding to be allocated on the basis of efficiency, economic viability and measurable impact, and for proportionate ex post evaluations to ensure the effective use of resources and the crowding-in of private investment; expresses concern that disproportionate environmental, social and governance reporting requirements imposed on beneficiaries deter economically viable projects and place European businesses at a competitive disadvantage, and calls on the EIB to review these requirements to ensure proportionality;

Change 4

Changed18. Highlights that the security of supply of critical raw materials (CRM) is crucial for the green and digital transitions, the defence sector and the EU industrial base in general; recalls the role played by the EIB in the European Raw Materials Alliance and the Union’s aim of becoming more autonomous as regards the CRM supply; emphasises the importance of a circular economy approach to CRM, based on recycling and reuse, in order to reduce the EU’s dependence on third countries and boost its strategic autonomy; calls, therefore, on the EIB to invest more in the CRM sector to enhance resilience in raw materials with a particular focus on achieving the goals of the CRM Act2,Act, namely the extraction, recycling and processing of secondary raw materials;

Change 5

Added26. Calls on the Member States to amend the EIB’s exclusion list in order to enable the financing of weapons and ammunition beyond mere dual-use technologies, thereby contributing to the development of the European defence industry;

Added27. Stresses that the EIB’s lending in non-EU countries should reinforce the EU’s external priorities; calls on the EIB to include effective cooperation by partner countries on migration management, including the readmission and return of migrants who have no legal right to stay in the EU, as a relevant criterion within its external lending framework for non-EU countries;

Change 6

Added37. Takes note of the internal oversight role of the EIB Audit Committee; points out that no external prudential oversight in accordance with internationally accepted supervisory standards is carried out, except in the area of liquidity management; encourages the EIB’s Board of Governors, given the size, complexity and specificities of the EIB business model, to establish appropriate arrangements to comply with the highest standards of external prudential oversight, while considering the necessary adaptations derived from the EIB’s unique business model;