ELTI6LogosTwo billion euro urgent financial support for Ukrainian refugees in Europe

6 May 2022

The EU’s national promotional banks and institutions and the European Investment Bank have launched the two-billion-Euro “Quick Response - Care for Ukrainian Refugees in Europe” initiative. The joint initiative aims to provide immediate relief this year for refugees fleeing the war in Ukraine and promote a rapid and humane integration of Ukrainian refugees in EU members states.

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In the 7th episode of the ELTI Podcast, we are joined by Pawel Nierada, First Vice-President at BGK.

In this edition, we speak about how the war in Ukraine has effected Poland and specifically the Polish financial and banking sector.

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ELTI Members - Ukraine Measures

Latest Update - 9 May 2022

After decades of peace, war is back in Europe.

ELTI members strongly condemn the Russian invasion of Ukraine. We express our solidarity with the Ukrainian authorities and the people of Ukraine who are suffering from this unprovoked military attack. Ukraine is not only our neighbour; it is part of Europe. Russia’s invasion and military aggression is fundamentally against our common European values, and the economic and social cost in Ukraine and across Europe will be immense.

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Common statement from European Public Financial Institutions

11 March 2022

After decades of peace, war is back in Europe.

Coming from all over Europe, on behalf of Bank Gospodarstwa Krajowego (BGK), Caisse des Dépôts et Consignations (CDC), Cassa Depositi e Prestiti (CDP), Instituto de Crédito Oficial (ICO), Kreditanstalt für Wiederaufbau (KfW) and the European Investment Bank (EIB), along with the other European National Promotional Banks and Institutions gathered in the European Long Term Investors Association (ELTI),we are united in strongly condemning the Russian invasion of Ukraine. In doing so, we express our solidarity with the Ukrainian authorities and the people of Ukraine who are currently suffering from this unprovoked military attack.

Fit for Financing 55 Full

Fit for Financing 55: The contribution of National Promotional Banks and Institutions in Europe

Sustainable finance has been engrained in the DNA of National Promotional Banks and Institutions (NPBIs) for many years and even decades in some cases. EU Member States began developing their National energy and climate plans in 2019 where, in many cases, NPBIs took a crucial role in financing the implementation of these plans.

ELTI's latest brochure provides a taste of the importance and diversity of projects financed throughout the EU Member States. NPBIs are needed now more than ever in order to ensure our common future.

Together we can do more!

ELTIPodcastLaunch

In the 6th episode of the ELTI Podcastepisode of the ELTI Podcast, we catch up with Joanne De Jonge, Strategy Director of the young Dutch NPI Invest-NL.

In this edition, we speak about Invest-NL's journey, the importance of Impact Investment and briefly about what was discussed at COP26

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Implementation of the GBER – efficient and pragmatic feedback to the ongoing GBER consultation

ELTI has once again teamed up with sister associations European Association of Guarantee Institutions (AECM), European Association of Public Banks (EAPB) and the Network of European Financial Institutions for SMEs (NEFI), all of whom share multiple financial institutions as overlapping common members. In this position paper, these four associations came together to submit comments on the draft-amending regulation to the General Block Exemption Regulation (GBER) published on 6 October 2021.

ELTI GA 2021Great 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.

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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. 

ELTIPodcastLaunch

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.

Contact

European Long-Term Investors a.i.s.b.l.
Rue Montoyer 51
B - 1000 Brussels
Belgium
secretariat@eltia.eu