The EIB is making the funding available to NWB Bank, which will then invest EUR 500 million in improving the sustainability of social housing construction and helping water boards with their plans in the area of the circular economy. This loan follows on from the collaboration initiated late last year which has so far resulted in EUR 800 million in funding for projects in social housing construction, the environment, the knowledge economy and the water sector. The collaboration between these two promotional banks was initiated not only in order to bring about an exchange of knowledge and experience but also to provide funding on even better terms for the public sector in the Netherlands. The EIB is making available a loan facility of EUR 250 million, a large proportion of which will be reserved for projects focusing on climate control.

Extra EUR 500 Million For Sustainable Economy Agreed By EIB & NWB Bank