Report on 2016 EIB external activity with EU budgetary guarantee

The External Lending Mandate (ELM) is a longstanding and successful element in the partnership between the European Commission and the European Investment Bank (EIB). Under the ELM, the EU provides a guarantee from the EU budget to enable the EIB to increase its lending outside the EU in support of EU policies. The ELM supports EIB activity in the pre-accession countries, the Eastern and Southern Neighbourhood, Asia, Latin America and South Africa. Under the current ELM period (2014-2020), the EU budget guarantees up to €27 billion of EIB operations.

This report provides an overview of the EIB's activities under the EU guarantee in 2016 and the main results and impacts achieved, including information on expected future impacts of financing operations signed in 2016 based on the EIB's Results Measurement Framework. The report also provides a summary of the operations carried out by the EIB without the EU guarantee (i.e., on its 'own risk') in order to provide a full picture of its activity in these regions.

More detailed information and statistical tables on the above activities, including at project, sector, country and regional level, are provided in the accompanying Staff Working Document.

• Primary Source

EUR-Lex: SWD(2017)460: Commission Staff Working Document accompanying the report http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2017:460:FIN

---