European Long-Term Investors Association (ELTI)
The ''European Long-Term Investors Association'' represent a European-wide network of National Promotional Banks and Institutions (NPBIs) who offer financial solutions tailored to the specific needs of their respective country and economy. As of May 2020, the association gathers 31 European long-term investors from 23 Member States across the European Union and Turkey. With a combined balance sheet of € 1.7 trillion, ELTI's goal is to promote long-term investment in close alignment with the objectives and initiatives developed by the European Union in order to foster sustainable, smart and inclusive growth and job creation. Multilateral financial institutions complement the activities at national level with specific cross-border solutions or investments with a European impact. Following the specific public mission of each member the business model of each institution differs from country to country including different products and approaches. This is the same for multilateral ELTI members. Most of the members offer various debt-products but not all members have a mandate for investment in equity. The Association promotes and attracts quality long-term investment in the real economy.
Given the rapid changes our societies are undergoing and the 'short-termist' tendency of many economic and political actors, the need for long-term vision is more important than ever. The implementation of far-reaching global objectives such as building sustainable infrastructure for sustainable investment, fighting climate change or innovating in our resources consumption and in production technologies is not only an absolute necessity: it is also a path, in itself, to recovery from the current crisis on a new basis to avoid its return and ensure the well-being of future generations.
Goals and Activities
Joint Collaboration
Maintaining a permanent and constructive dialogue on long-term financing with European financial institutions whilst representing, promoting and defending the shared interests of our Members. This includes informing the EU institutions on the role and potential of the Members as agencies for long-term financing and promoting convergence and common positions in response to consultations launched by the European Commission.
Access to Finance
Developing the concept of long-term investment within the economic and financial sector whilst strengthening cooperation at an operational level, acting as long-term financiers and facilitating access between European and national financing schemes.
Sharing of Expertise
Strengthening the access of the Members to information on matters related to the EU and exchanging information and experiences amongst Members. This includes sharing the Association's interest and advice to the EU with regards to the promotion of long-term investment and informing its Members on the discussions, initiatives and measures conducted by the EU institutions.
Knowledge & Mutual Support
Promoting academic research on long-term investments and exerting influence on EU Institutions by acting as a common interlocutor and Member spokesperson without prejudice to the separate freedom of expression of each Member. These include initiating and publishing research programmes and case studies and holding conferences on behalf of our Members.
National Promotional Banks and Institutions (NPBIs) - ELTI Members
News about NPBIs
ELTI General Assembly 2021
Great that we can meet in person again!
ELTI members held their 2021 General Assembly in Brussels this year. After more than 18 months of virtual meetings, the participants highly appreciated the possibility of discussions with their colleagues from NPBIs of more than 20 EU Member States. The economic situation during the COVID-19 crisis, the outlook for the EU recovery, the contribution of NPBIs to fight climate change as well as the implementation of InvestEU dominated the discussions. President Laurent Zylberberg also welcomed representatives from the European Commission, the European Investment Bank and the European Investment Fund who participated intensively in the discussions.
Read more ...ELTI Position Paper: General comments to the revision of the EU Financial rules applicable to the general budget of the Union
ELTI Position Paper: General comments to the revision of the EU Financial rules applicable to the general budget of the Union
In 2018 the European Commission (EC) made a promise: It would replace complex rules and procedures relating to the implementation of EU funds with a single, user-friendly rulebook focusing on results. ELTI members very much welcomed this approach as well as the real simplifications stemming from it and they continue to welcome any new real simplification measures. ELTI members are typically directly or indirectly subject to the EU Financial Regulation when a) implementing structural funds, b) implementing instruments of development cooperation, c) as intermediaries to the EIF and, this is new, d) in the context of InvestEU.
Read more ...ELTI Podcast - Episode 5 - Sustainable Finance and the EU Taxonomy (CDP)
In this fifth episode of the ELTI Podcast, we speak to Gaia Ghirardi, Head of Sustainability at Cassa Depositi e Prestiti (CDP).
In this edition we delve into the intricacies of Sustainable Finance, the European Green Deal and in particular: the EU Taxonomy.
ELTI Brochure: Fight the SARS-CoV-2 pandemic
Fight the SARS-CoV-2 pandemic: The contribution of National Promotional Banks and Institutions in Europe
ELTI published an electronic brochure on the direct contribution to fighting the SARS-CoV-2 pandemic. In this brochure you will find 15 examples of investments and activities from 9 ELTI members and 7 EU Member States. ELTI members have provided funds and taken multiple large-scale risks to fight against the pandemic.
Read more ...Publications
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Other Publications
Brussels, 24 November 2021
Through the European Green Deal process, which began in December 2019, a great change was seen when it came to the EU Green Deal and with regards to the Circular Economy, especially within the industrial sectors. The Border Carbon Regulation, which will come into effect in the coming period, is important for the Turkish industries and for Turkey's export strategy. In this context, it comes to the fore that significant investments may be required for the European Green Deal and Circular Economy. Where Turkey is considered, it is of great importance to involve the private sector in adaptation investments, which cannot gain importance only by transferring public resources.
Having adopted sustainability and inclusion as its core business model, TSKB initially released its “European Green Deal and Circular Economy Theme Study” as part of its mission to implement Turkey's industrial transition with our stakeholders. While the economic and social effects of the risks stemming from climate change are starting to be seen clearly, the regulations taken towards decarbonization have come to the fore. Within this axis, which can be seen in this report, TSKB aims to examine the effects of the EU Green Consensus and the circular economy concept in Turkey.
PTSKB-European_Green_Deal_and_Circular_Economy_Theme_Study.pdfDF
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ELTI Position Papers
Brussels, 1 October 2021
ELTI Position Paper: General comments to the revision of the EU Financial rules applicable to the general budget of the Union PEU - Financial RegulationDF
Brussels, 5 March 2021
ELTI Position Paper: InvestEU - Saving the Additionality Principle PInvestEU - Saving the Additionality PrincipleDF
Brussels, 14 December 2020
ELTI & NEFI Position Paper: The implementation of the EU Taxonomy PThe implementation of the EU TaxonomyDF
Brussels, 16 September 2020
ELTI Position Paper: Next Generation EU & Factsheets (Enterprises, Health, Renovation Wave, Infrastructure and Territorial Devel.) PNext Generation EU & Factsheets (Enterprises, Health, Renovation Wave, Infrastructure and Territorial Development)DF
Brussels, 17 June 2020
AECM, ELTI & NEFI Position Paper: Overview of measures against the economic impact of the Coronavirus (COVID-19) outbreak PAECM, ELTI & NEFI Position Paper: Overview of measures against the economic impact of the Coronavirus (COVID-19) outbreakDF
Brussels, 19 March 2020
ELTI Position Paper: NPBIs ready to fight the COVID-19 economic crisis PELTI Position Paper: NPBIs ready to fight the COVID-19 economic crisisDF
Brussels, 9 December 2019
ELTI Position Paper: Promotional Banks’ role in implementing the Paris Agreement PELTI Position Paper: Promotional Banks’ role in implementing the Paris AgreementDF
Brussels, 30 October 2019
ELTI Position Paper: EU Taxonomy PELTI Position Paper: EU TaxonomyDF
Brussels, 16 September 2019
AECM, EAPB, ELTI & NEFI Position Paper: Comments on the State of Play regarding InvestEU PAECM, EAPB, ELTI & NEFI Position Paper: Comments on the State of Play regarding InvestEUDF
Brussels, 13 February 2019
AECM, EAPB, ELTI, NEFI & SME United Position Paper: Comments on SME-related aspects of the proposed InvestEU ProgrammePAECM, EAPB, ELTI, NEFI & SME United position paper: Comments on SME-related aspects of the proposed InvestEU ProgrammeDF
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ELTI Publications
Brussels, 18 June 2021
ELTI Brochure: Fight the SARS-CoV-2 pandemic PELTI_Brochure_Final.pdfDF
Brussels, 6 July 2020
ELTI Press Release: PMV joins ELTI PPMV joins ELTIDF
Brussels, 28 April 2020
EUROFI Magazine: Investing in the Long-term by ELTI President Laurent Zylberberg PEUROFI Magazine: Investing in the Long-term by ELTI PresidentDF
Brussels, 14 April 2020
ELTI Press Release: Slovak Investment Holding (SIH) joins ELTI PELTI Press Release: Slovak Investment Holding (SIH) joins ELTIDF
Brussels/Paris, 2 April 2020
'Les Echos' Opinion: Face à l'urgence, préservons l'investissement de long terme / Virus: long-term investment must be maintained P'Les Echos' Opinion: Face à l'urgence, préservons l'investissement de long terme / Virus: long-term investment must be maintainedDF
Brussels, January 2018
High-Level Task-Force on Social Infrastructure's Final Report - Boosting Investments in Social Infrastructure in Europe PHigh-Level Task-Force on Social Infrastructure's Final Report - Boosting Investments in Social Infrastructure in EuropeDF
Full Report
Contact
European Long-Term Investors a.i.s.b.l.
Rue Montoyer 51
B - 1000 Brussels
Belgium
secretariat@eltia.eu