2 December 2008: The European Investment Bank (EIB) has announced it will provide approximately EUR 100 million to the Export-Import Bank of India (EXIM Bank) to provide partial financing for investments that will contribute to the mitigation of climate change.

The EXIM Bank will make available the proceeds of the loan to final beneficiaries carrying out investments that contribute to climate change mitigation, through projects in the renewable energy and energy efficiency sectors. [EIB Press Release]