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=== 2020s === In 2020 it announced the 'Climate Bank Roadmap 2021–2025' which will include stopping funding for all high carbon projects. As part of the European Guarantee Fund (EGF) to tackle the economic consequences of the [[COVID-19 pandemic]] the Bank made available €200 billion of additional financing.<ref>{{Cite web|title=New pan-European Guarantee Fund|url=https://www.european-microfinance.org/news/new-pan-european-guarantee-fund|access-date=2021-04-28|website=European Microfinance Network|language=en}}</ref><ref name="ReferenceA"/> The bank is funding both efforts at containing the economic effects of the crisis as well as healthcare related projects which; address immediate health-related emergencies, research vaccines and mechanisms to limit the spread of the virus e.g. testing.<ref>{{Cite web|title=BioNTech moves to head of pack for COVID-19 vaccine with EU finance|url=https://www.eib.org/en/stories/eu-financing-for-covid-19-vaccine|access-date=2021-04-28|website=European Investment Bank|language=en}}</ref><ref name="eib.org"/> As the [[2022 Russian invasion of Ukraine]] entered its third year and while the [[European Industrial Defence Strategy]] programme was debated, it became apparent that EIB "policy" or "its rules explicitly" forbid defence investment.<ref name="alz1">{{cite news |url=https://www.aljazeera.com/news/2024/3/5/eu-commission-proposes-major-defence-boost |title=EU proposes major defence boost as it eyes Russia and Trump |publisher=Al Jazeera |date=5 March 2024}}</ref> On 18 March 2024 more than half of the Member States signed a letter asking the EIB to reconsider its policy against defence expenditure.<ref name="rtbf1">{{cite news |title=Quatorze pays de l'Union européenne demandent à la BEI d'en faire plus pour le financement de la défense |url=https://www.rtbf.be/article/quatorze-pays-de-l-union-europeenne-demandent-a-la-bei-d-en-faire-plus-pour-le-financement-de-la-defense-11345813 |publisher=RTBF |date=18 March 2024}}</ref>
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