The European Investment Bank is a European Union institution whose objective is to grant long-term credit to projects that are economically viable and/or contribute to the sustainable development of a region.

With a strong commitment to renewable energy in order to reduce the impact of climate change, EIB supports various different public-private projects in the public interest encouraging environmental protection and the security of the energy supply.

The objective of the African Development Bank is to stimulate the economic growth and social progress of its member countries, which include Cabo Verde.

For this millennium, one of the Bank’s priorities is supporting projects that contribute to environmental sustainability and to the development of renewable energy within the African continent.