Brochure: Union for the Mediterranean: Role and vision of the EIB

The European Investment Bank (EIB) is the Mediterranean region’s main financial partner, with more than €10 billion invested since 2002, according to a new brochure outlining the EIB’s role and vision in the Union for the Mediterranean (UfM).
The Facility for Euro-Mediterranean Investment and Partnership (FEMIP) is the EIB’s financial arm in the region, the brochure explains. In October 2008, the EIB was asked by the Euro-Mediterranean finance ministers to support three of the six priority initiatives of the UfM, namely cleaning up the Mediterranean Sea, the Mediterranean Solar Plan and land and sea motorways. Through the FEMIP Trust Fund, the EIB also provides support for the Mediterranean Business Development Initiative, another of the UfM’s priority projects.
The brochure illustrates the EIB’s efforts in these four priority areas, illustrating with concrete examples the results being achieved on the ground.
Union for the Mediterranean: Role and vision of the EIB

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