Brochure Coverpage

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. These include the financing of companies, projects or initiatives which address the global health situation directly like through biotech firms to develop effective vaccines, production of more efficient sanitising devices, investments in intensive-care facilities or agile high-tech companies which provide an AI-platform for a more efficient exchange between research institutions. All of these were and still are important elements to overcoming the pandemic. These ventures serve as an important dimension of NPBIs role within their countries and societies. European citizens are directly benefitting from these investments. All examples demonstrate the close connection of NPBIs with the local, regional and national markets.

IntergroupHousing

Financing the social housing sector: which models?

Date: 21 May 2021 - 9:00 AM - 10:30 AM (CEST)

Register Here

Background

The recession following the COVID-19 pandemic grants an increasing role to housing, making it especially harder for the most deprived to work in decent conditions. At the same time, social housing is considered an essential lever to achieve energy efficiency objectives and fight against energy poverty, as set out by the Renovation Wave. It is finally a key principle in the implementation of the European Pillar of Social Rights. As a result, adequate and sufficient sources of funding are required.

This webinar will be the occasion to explore different models of financing of the social housing sector in Europe and how they can be articulated. National Promotional Banks and Institutions (NPBIs), long-term investors, very active in financing social housing will share their experience in articulating national public resources, EU funding and private capital, along social impact private investors and experts on the field.


ELTI Podcast Launch

This week ELTI released the latest episode of its podcast, which focused on the activities of the Hungarian Development Bank (MFB).

In this episode ELTI Secretary General Helmut von Glasenapp speaks to Csaba Harsanyi, Director of the MFB Brussels Liaison Office with the discussion focusing on the development of MFB over the last 30 years as well as its response to the covid pandemic and its outlook for the future. 

PositionPaper

ELTI Position Paper: InvestEU – Save the additionality principle

On 9 March 2021, the European Parliament adopted the final version of the InvestEU legal base. NPBIs looking forward to contribute to the implementation and the success of this innovative European financial guarantee instrument. Based on their experience, ELTI members produced a Position Paper summarising recommendations for a smooth and fast implementation of InvestEU in order to make it a successful long-term investment instrument.

The 2020 ELTI General Assembly took place on Friday 4 December 2020 as a virtual meeting. President Laurent Zylberberg and Secretary General (SG), Helmut von Glasenapp expressed their disappointment in not being able to meet in person this year but looked forward to 2021 with the hope that we will be brought together again soon.

This year's General Assembly focused on the European commitment of NPBIs with three presentations and a panel discussion.

ELTI Podcast Launch

On 3 December 2020, ELTI officially launched the first episode of its podcast on Soundcloud and on Spotify and it can also be found on the ELTI website.

Hosted by ELTI Secretary-General Helmut von Glasenapp, this podcast will be releasing episodes on a regular basis. You can expect interesting discussions with interesting partners about interesting topics.

The first episode will feature an interview with David Denzer-Speck, Director of the KfW Brussels Liaison Office. The main questions answered in this episode will be: What the definition of NPBIs? Who is KfW? What is their business model? What is the added value for the economy and the society?

Finance in Common Summit

FinanceinCommon1

 Agenda

ELTI President Laurent Zylberberg spoke at the Finance in Common Summit on 11 November 2020. Taking place between 9-12 November 2020, the Finance in Common Summit stressed the crucial role of Public Development Banks (PDBs) in reconciling short-term countercyclical responses with sustainable recovery measures that will have a long-term impact on the planet and societies.

By reconciling the entire finance community in support of common action for climate and the UN Sustainable Development Goals, the Finance in Common Summit will be a key milestone on the way to the crucial events of 2021, notably the COP26, the COP15 and the Generation Equality Forum.

IntergroupPic

On 26 October 2020, the “Sustainable, Long-term investments & Competitive European Industry Intergroup” in the European Parliament held its inaugural conference. Overseen by Vice-President Frans Timmermans, this launch event focused on the necessary steps which the EU needs to prioritise in order to become more green, digital and resilient.

ECAEvent2

Detailed Agenda

On 15 October 2020, the European Court of Auditors (ECA) is hosting an online virtual event entitled Boosting Investments in the EU through Financial Instruments & Technical Assistance in times of Crisis - Lessons Learned from the European Court of Auditors.

​ELTI Secretary-General Helmut von Glasenapp will feature as be a panelist in the third session, namely in the discussion concerning ‘Crowding-out: “Is the EIB crowding out private market finance?’. This panel will be moderated by ECA member Leo Brincat.

NextGenEU

ELTI Position Paper: Next Generation EU & Factsheets (Enterprises, Health, Renovation Wave & Territorial Development)

The European Council agreement in July 2020 marks a step forward in European construction. The European idea is thereby reinforced. It also sent contradictory signals with less means for European instruments managed by the European Commission. 

Against this background ELTI invites the colegislators to take into account the following considerations mentioned its position paper and factsheets, published on 16 September 2020.

Contact

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