The Evaluation function (IG/EV) of the European Investment Bank Group (EIBG) continued to promote accountability through evidence-based assessments of the EIB Group’s performance and results. It also contributed to learning, feedback and knowledge sharing to inform the decision-making process…
The EIB Group offers a broad range of – direct and indirect – equity and quasi-equity instruments, each targeting fast-growing innovative firms at various stages of their life-cycle. This evaluation provided a comprehensive assessment of this activity.
The EIB Group put in place a multifaceted response to help the economy withstand the coronavirus pandemic: it repurposed part of its resources, applied temporary measures to act quickly, and set up a dedicated initiative — the Pan-European Guarantee Fund (EGF).
The report highlights the achievements and important contributions of the EIB Group’s independent Evaluation function to evidence-based decision-making in 2021 and beyond.
The evaluation focuses on higher risk operations of the EIB called “Special Activities”. It highlights the implications of these operations in terms of additionality, cost coverage, profitability and capital intensity.
This evaluation of EIB support for climate change adaptation (period 2015 to 2020) assessed key challenges and opportunities to increase support for adaptation; thus providing timely insights to inform the development of the EIB Adaptation Plan.