Vice‑President Ambroise Fayolle emphasised that by broadening geographic access of the institution’s Digital Green Finance tool, the EIB is “accelerating climate investments globally.”
The European Investment Bank (EIB) Group has announced a major expansion of its digital tool, the Green Checker, enabling public and private sector actors worldwide to assess eligibility for green financing. Previously limited to the European Union, the tool’s coverage now extends to regions including North Africa, the Middle East, the Western Balkans, the Caucasus, and Eastern Europe.
The enhanced Green Checker lets users evaluate a project’s environmental impact, estimate climate benefits (such as energy savings and CO₂ reductions), and determine alignment with the EIB’s green financing criteria and the EU Taxonomy. The platform is free to access and is designed to accelerate green investments by lowering barriers, especially for SMEs, public bodies and developing‑market firms.e
Globally, green finance is expanding rapidly, but adoption and accessibility remain uneven. According to the Global Survey of Ministries of Finance, which canvassed 59 finance ministries between May and October 2024, a majority reported integrating climate‑risk analysis and green finance instruments into their fiscal planning.
However, the Global Green Finance Index (GGFI) 15, published in April 2025, which evaluates offerings across 95 major financial centres and highlights rising demand and awareness, also notes significant geographic disparities in green finance adoption.
Research further indicates that green financial products, including green bonds and sustainable loans, are increasingly decoupled from traditional high‑carbon assets, evolving as distinct asset classes with different risk‑return profiles. These insights underscore that, despite growth, challenges persist in accessibility, standardisation, and alignment with environmental criteria — precisely the gaps the upgraded Green Checker is designed to address.
