Changes from report parliamentary committee draft to plenary report

EXPLANATORY STATEMENT

Change 19

ChangedThe report welcomes the EIB'sEIB strategicGroup priorities2024-2027 forStrategic 2024-2027,Roadmap, which are closely aligned withreflects the EU’s key political objectives,priorities, demonstrating the bank'sEIB's readiness to adapt to evolvingchanging policiesEU whilepolicy remainingrequirements, committedwhile torespecting its long-term goals.objectives.

Change 20

ChangedAgainst the backdrop of multiple internal challenges, the need for future investments, and rising geopolitical tensions, there is a strong call for the EIB to play aan biggereven greater role in addressingclosing Europe’s investment needsgap, andto fundingprovide commonfinancial support to the EU priorities.common priorities and to fulfil its crucial role in driving the necessary investments. The EIB Group is a key player in mobilizingmobilising private and public investments across Europe and maximizingmaximising the bank's potential to leverage investments is essential. However, it operates within a defined mandate and financial capacity and can only play a supporting role in addressing the significant investment gap in Europe. To maximizemaximise its impact, broader structural and financial backing is needed through a more integrated Economic and Monetary Union (EMU) and(EMU), a strengthened economic architecture.architecture and effective coordination. The completion of the Capital Markets Union and the Banking Union, along with the establishment of permanent EUEU-level investment instruments and tools,tools would support the EIB’s operations and create a more robust framework, enhancing Europe’s ability to mobilizemobilise investments effectively and sustainably, and help bridge the investment gap across the EU. Both, Member States and the Commission must step up their efforts to achieve this.

Change 21

ChangedThis year's annual report focuses on the following key topics: closing the investment gap and fostering competitiveness; promoting the digital transformation; consolidating the EIB's role as the EUEU’s climate bank; financing peace, security and defence; addressing challenges in social infrastructure, cohesion policy,policy and housing; financing peace,promoting security,the anddigital defence;transformation and the EIB'snew roletechnologies;; inand the EIB neighbourhood and Global Gateway. Moreover, it takes a stance on the governance of the EIBEIB, accountability and transparency, and reiterates its call for an interinstitutional agreement between the Parliament and the EIB.