The European Fund for Strategic Investments

The inside story of the European Fund for Strategic Investments from 2015 to 2020 told through interviews with the Managing Director, Deputy Managing Director, members of the Investment Committee and final beneficiaries across Europe. The architects of this €500 billion-plus programme, the head of...

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Egile nagusia: European Investment Bank
Formatua: Online
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Argitaratua: European Investment Bank 2021
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Sarrera elektronikoa:OCN: 1249169332
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author European Investment Bank
author_browse European Investment Bank
author_facet European Investment Bank
author_sort European Investment Bank
collection Directory of Open Access Books
description The inside story of the European Fund for Strategic Investments from 2015 to 2020 told through interviews with the Managing Director, Deputy Managing Director, members of the Investment Committee and final beneficiaries across Europe. The architects of this €500 billion-plus programme, the head of the EU bank and the president of the European Commission, describe the genesis of this financial pillar of the Investment Plan for Europe. Then the people who ran one of the biggest economic stimulus programmes in history detail how they did it—and what the lessons are for policymakers responding to new crises, including the economic shock caused by the COVID-19 pandemic. The European Fund for Strategic Investments has been one of the good news stories to emerge in a decade of economic uncertainty. It has gone well beyond its highly ambitious target of €500 billion in mobilised investments. The Juncker Plan has made a strong contribution to the 14 million jobs created in the EU between 2015 and 2020. It has become a success in co-financing projects that otherwise might not have been carried through. It has also charted the path towards new ways of financing. This is not only the case in relatively conventional areas, such as infrastructure, but also in sectors like research and innovation or the contribution to climate change mitigation. This is exactly what makes EFSI so ground-breaking: responding to the needs of the market through continuous financial innovation. The principle of the European Fund for Strategic Investments is here to stay. It has paved the way for its successor, the InvestEU programme, which is to be deployed under the 2021-2027 multiannual financial framework. This publication details why the programme was such a success.
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publishDate 2021
publishDateRange 2021
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publisher European Investment Bank
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spelling doab-20.500.12854ir-641362025-07-31T08:02:59Z The European Fund for Strategic Investments European Investment Bank Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry The inside story of the European Fund for Strategic Investments from 2015 to 2020 told through interviews with the Managing Director, Deputy Managing Director, members of the Investment Committee and final beneficiaries across Europe. The architects of this €500 billion-plus programme, the head of the EU bank and the president of the European Commission, describe the genesis of this financial pillar of the Investment Plan for Europe. Then the people who ran one of the biggest economic stimulus programmes in history detail how they did it—and what the lessons are for policymakers responding to new crises, including the economic shock caused by the COVID-19 pandemic. The European Fund for Strategic Investments has been one of the good news stories to emerge in a decade of economic uncertainty. It has gone well beyond its highly ambitious target of €500 billion in mobilised investments. The Juncker Plan has made a strong contribution to the 14 million jobs created in the EU between 2015 and 2020. It has become a success in co-financing projects that otherwise might not have been carried through. It has also charted the path towards new ways of financing. This is not only the case in relatively conventional areas, such as infrastructure, but also in sectors like research and innovation or the contribution to climate change mitigation. This is exactly what makes EFSI so ground-breaking: responding to the needs of the market through continuous financial innovation. The principle of the European Fund for Strategic Investments is here to stay. It has paved the way for its successor, the InvestEU programme, which is to be deployed under the 2021-2027 multiannual financial framework. This publication details why the programme was such a success. 2021-03-19T04:30:26Z 2021 book OCN: 1249169332 https://library.oapen.org/handle/20.500.12657/47404 9789286148200 https://directory.doabooks.org/handle/20.500.12854/64136 eng open access image/png image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47404/1/QH0320648ENN.en.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/279140 https://doi.org/10.2867/279140 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c 9789286148200 Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
European Investment Bank
The European Fund for Strategic Investments
title The European Fund for Strategic Investments
title_full The European Fund for Strategic Investments
title_fullStr The European Fund for Strategic Investments
title_full_unstemmed The European Fund for Strategic Investments
title_short The European Fund for Strategic Investments
title_sort european fund for strategic investments
topic Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet Business & Economics
Finance
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1249169332
work_keys_str_mv AT europeaninvestmentbank theeuropeanfundforstrategicinvestments
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