Boosting investment in bioeconomy sector
The European Investment Bank (EIB) announced the launch of a new financing initiative that aims to unlock close to €1 billion of investment in the agriculture and bioeconomy sector. This large EIB lending programme for agriculture and bioeconomy outlines the Bank’s broader support for funding this sector. The operation will be guaranteed by the EU budget under the European Fund for Strategic Investments (EFSI), which forms a central part of the “Investment Plan for Europe” of the European Commission under the Juncker administration.