The European Investment Bank has this week approved new financing worth a total of €12.4 billion for projects all over the world, including €4.3 billion for new renewable energy and security of energy supply schemes. The European Investment Bank (EIB), the European Union’s bank, announced on Tuesday that it had approved new financing totaling €12.4 billion to support rail, road, air and maritime transport investment around the world, as well as support for new renewable