Finance chiefs urged to update EIB rules for defense boost.

February 21, 2024
1 min read


Key Elements:

  • Pressure on the EU to loosen investment rules for defence assets.
  • Focus on amending European Investment Bank (EIB) criteria and EU sustainability requirements.

Summary of Article: Pressure Mounts on Finance Chiefs to Tweak EIB, Taxonomy Rules in Boost to Defence

Pressure is mounting on the EU to make changes to the investment rules and increase flows into defence assets.

Key Elements:

  • The non-paper circulated ahead of the ministerial meeting highlighted calls to adjust both the European Investment Bank (EIB) criteria related to defence lending and EU sustainability requirements impacting financing.
  • The document suggests removing barriers for private investment in defence by tweaking the EIB’s lending policy and considering defence assets as socially sustainable under the EU taxonomy.
  • The EIB, under new leadership, signals a shift towards supporting defence investments beyond dual-use projects, potentially attracting more investor interest.
  • The paper calls for financial incentives and adjustments to the EU taxonomy to promote private investment in the defence industry.

It is crucial to monitor these potential changes in investment rules and sustainability requirements as they could have significant implications for the defence industry and private investors.

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