Financing new mobility needs and trends preparing the infrastructure of the future. Neil Valentine Head of Strategic Roads Division

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1 Financing new mobility needs and trends preparing the infrastructure of the future Neil Valentine Head of Strategic Roads Division Corporate Presentation /05/2017 1

2 The EIB: the EU bank Natural financing partner for the EU institutions since 1958 Around 90% of lending is within the EU Shareholders: 28 EU Member States Investing in Europe s growth European Investment Bank Group 30/05/2017 2

3 The EIB at a glance Largest multilateral lender and borrower in the world We raise our funds on the international capital markets We pass on favourable borrowing conditions to clients Some 450 projects each year in over 160 countries Headquartered in Luxembourg and has 40 local offices Around staff: Not only finance professionals, but also engineers, sector economists and socio-environmental experts Almost 60 years of experience in financing projects European Investment Bank Group 30/05/2017 3

4 EIB Group financing in 2016: EUR 83.8bn Signatures EFTA & Enlargement Countries EUR 3.35bn Eastern Neighbours EUR 1.65bn EUR European Union 75. 4bn Outside EU EUR 8.38bn Africa, Caribbean, Pacific, South Africa EUR 0.77bn Total EUR 83.8bn Southern Neighbours EUR 1.63bn Asia and Latin America EUR 0.98bn European Investment Bank Group 30/05/2017 4

5 Our priorities Environment Infrastructure Innovation SMEs EUR EUR EUR EUR 16.9bn 19.7bn 13.5bn 33.6bn European Investment Bank Group 30/05/2017 5

6 Climate finance pioneer EUR 19bn for climate in 2016 USD100bn European Investment Bank Group 30/05/2017 6

7 Signed amount, EUR bn EIB Lending to Transport Sector Transport operations signed in EU Member States ( ) EUR 124bn Transport operations signed in EU Member States (2016) EUR 10.6bn Air 8% Maritime 10% Urban 25% Other 0% Roads, Motorways 21% Rail 36% Air Maritime Other Rail Roads, Motorways Urban Recent EIB lending (signed operations) some EUR 70bn per year. On average, transport projects have constituted some 15%-20% of total lending. Note: The data is the property of the EIB. For reproduction, prior permission from the EIB is required. 7

8 EIB Transport Lending Policy 11. Projects must represent sound long term economic investments. 65. Railway projects can take a wide variety offorms: rehabilitation, upgrading or new construction of lines; electrification or new signalling and communication systems; railway stations or rolling stock yards; intermodal terminals European Investment Bank Group 30/05/2017 8

9 Financial Products European Investment Bank Group 30/05/2017 9

10 EIB products We help catalyse investment LENDING BLENDING ADVISING Loans But also: Guarantees (trade financing) Equity participation Combining EIB finance with EU budget (CEF) Higher risk projects for innovation (InnovFin) Attracting FUNDING for long-term growth Prepare, evaluate and support the implementation of projects (JASPERS) Support for public/private partnerships (EPEC) Provide grants for technical assistance (ELENA) European Investment Bank Group 30/05/

11 EIB project cycle We support sound and sustainable projects Step 7 Repayment Step 6 Monitoring and reporting Step 1 Proposal EIB project cycle Step 2 Appraisal Step 3 Approval Financial Economic Social Environmental Technical assessment EIB Management Committee Investment Committee (for operations potentially benefiting from an EU guarantee under EFSI) EIB Board of Directors Step 5 Disbursement Step 4 Signature Finance contract is signed European Investment Bank Group 30/05/

12 European Fund for Strategic Investments (EFSI) EU Guarantee EUR 16bn EIB EUR 5bn EFSI - European Fund for Strategic Investments EUR 21bn Infrastructure and Innovation Window EUR 15.5bn Deployed by EIB SME Window EUR 5.5bn Deployed by EIF Financing: EUR 61bn Final investments: EUR 315bn European Investment Bank Group 30/05/

13 European Fund for Strategic Investments to 2016 Approved operations 422 EFSI financing approved EUR 30.2bn Supporting total investment of EUR 164bn European Investment Bank Group 30/05/

14 Intelligent Transport Systems European Investment Bank Group 30/05/

15 ROAD SAFETY European Investment Bank Group 30/05/

16 Maintenance+upgrading European Investment Bank Group 30/05/

17 Construction European Investment Bank Group 30/05/

18 Enviro upgrading European Investment Bank Group 30/05/

19 Thank you! More information at: Tel.: European Investment Bank Group 30/05/

20 Notes All figures are unaudited and provisional [Slide 4] EIB Group total financing figure excludes a small overlap due to joint engagements on SMEs All images are property of the European Investment Bank. Their reuse is prohibited. European Investment Bank Group 30/05/

21 EIB financing since its foundation European Investment Bank Group 30/05/