Public-Private works for Climate change

This partnership with KBC is considered as a pathfinder operation for EIF, that will allow to expand its investor base to the private market in line with the objectives of the European Investment Bank Group strategy to crowd-in and catalyse third party private capital into climate and infrastructure investments. These additional resources will support the European green transition objectives and closing of the infrastructure gap proving that private capital and public policy objectives can be aligned in a sustainable future.

KBC Insurance will invest up to €200 million in sustainable infrastructure funds in Europe, through an investment facility managed by the European Investment Fund.
In practice, the EIF will manage the capital made available by KBC Insurance and select a number of top tier fund managers who will target investments in climate infrastructure projects, aligned with the climate goals of both the European Investment Bank Group and KBC, and in line with EU Taxonomy. The partnership with the EIF is a perfect fit with KBC’s approach to sustainability, as over the past years KBC Insurance has worked hard to make its investment portfolio more sustainable by gradually excluding more and more harmful investments.