EU Financial Regulation Pos Paper

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. 


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.

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.


Financing the social housing sector: which models?

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

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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. 


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



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.


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.


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