EIB providing further €500million loan for rehabilitation of river Emscher ...Middle East

One of Europe’s largest environmental projects is to receive additional support from the European Investment Bank (EIB). The EU bank is providing a further €500 million framework loan to Emschergenossenschaft for the large-scale rehabilitation of the river system. With this framework loan, the EIB is co-financing Emschergenossenschaft’s investment programme for the period 2020–2024. After deals struck in 2011, 2013 and 2017, this is the fourth EIB loan for this comprehensive development initiative.

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