Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-368-062"
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"en.20120329.36.4-368-062"2
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"The European Investment Bank (EIB) is one of the most important European instruments for supporting the real economy and it should be encouraged to continue successfully developing its policies at European level. I acknowledge the strong commitment of the bank to being ‘the European bank’, to having a leading role in reviving the European economy and to supporting growth. It should be noted that, in 2010, the EIB increased funding available for climate-related projects to EUR 19 billion, up from EUR 16 billion in 2009. The EIB’s focus on climate change is very significant. It is important, however, for the EIB to refrain from funding certain types of projects which have a devastating environmental and social impact. The EIB should also do everything possible to align bank operations fully with the EU objectives for a swift transition to a low carbon economy. The EIB should continue its support for the Europe 2020 strategy by leveraging the Structural Funds and making further use of innovative financial instruments. The Europe 2020 strategy’s project bonds initiative is very important in this regard."@en1
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