Luxembourg, October 2025 — The European Investment Bank (EIB) Group, comprising the EIB and the European Investment Fund (EIF), has approved a combined €9.2 billion in new financing to advance innovation in housing, strengthen Europe’s energy security, and expand healthcare and water infrastructure across multiple regions.
A centrepiece of the package is a €400 million HousingTech initiative, the first of its kind, aimed at supporting mid-cap and large companies driving industrial, technological, and construction innovation within the European housing market. The programme will promote the development of new building materials, machinery, and engineering processes designed to improve housing quality, lower costs, and enhance the sector’s competitiveness.
The initiative forms part of the EIB Group’s Action Plan for Affordable and Sustainable Housing, which targets more than €4 billion in housing-related financing by 2025.
“Quality healthcare and access to better homes are pillars of the social infrastructure that underpins the European way of life,” said EIB Group President Nadia Calviño. “The breakthrough housing innovation initiative adopted this week shows that Europe delivers for its citizens.”
Expanding TechEU and Healthcare Innovation
The Boards also approved 13 new operations under the TechEU programme, with a focus on advancing Europe’s green and digital transitions. In a significant step for healthcare innovation, the EIF endorsed an investment in Europe’s first venture capital fund dedicated to paediatrics. The fund will support the translation of research from children’s hospitals and universities into new therapies addressing critical unmet medical needs.
TechEU represents the EU’s largest financing initiative for innovation and technology leadership, designed to attract talent, capital, and investment. The programme’s first phase backed the Clean Industrial Deal, while the second is targeting housing and building innovation.
Broader European and Global Investments
In Europe, newly approved EIB projects include affordable housing in Germany, a new hospital in the Netherlands, wind energy developments in Germany and Portugal, water infrastructure in Italy and Lithuania, and sustainable transport initiatives in Poland.
Beyond the EU, the EIF Board approved a €200 million transaction to unlock financing for SMEs in Ukraine, aimed at supporting local businesses and strengthening economic resilience amid ongoing challenges. Additional EIB commitments include private-sector development in Africa, water projects in Brazil, hospital and energy investments in Serbia, and geothermal energy projects in Iceland.
Engagement with Civil Society
Earlier in the week, the EIB held its annual Civil Society Seminar, drawing nearly 100 participants from NGOs and advocacy organisations. Discussions centred on the Bank’s activities in Ukraine, its partnerships with other multilateral development institutions, and the social impact of its lending operations.
President Calviño addressed the participants, reaffirming the EIB’s commitment to transparency, cooperation, and inclusive growth.
For more information and President Calviño’s full remarks to civil society representatives, visit the EIB’s official website.
