Investment Plan: EIB provides EUR 75 million to help finance Polish projects contributing to climate action
![](https://ec.europa.eu/newsroom/repository/picture/2017-25/investment-plan_22444.jpg)
date: 22/06/2017
The European Investment Bank (EIB) has provided a EUR 75 million loan to Bank Ochrony Środowiska (Bank for Environmental Protection, BOŚ) to support small and medium-scale investments carried out by SMEs, mid-caps and public sector entities in Poland. Forty per cent of the loan is expected to finance projects contributing to climate action. The EIB facility is guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the Juncker Commission’s Investment Plan for Europe. The EIB financing is aimed at supporting projects in a number of sectors such as wholesale and retail trade, manufacturing and energy. The climate action part will foster investments that significantly contribute to the mitigation, avoidance or reduction of greenhouse gas emissions into the atmosphere and projects in the areas of renewable energy, energy efficiency, sustainable transport and waste management.