Guideline on the EIF’s criteria for Climate Action and Environmental Sustainability (CA&ES)

This Guideline applies to EIF financing and investment operations related to portfolios of SME and mid-cap sub-operations supported through financial intermediaries (FI), and any potential co-investment under equity investment products. It is consistent with the overall definitions and guidelines on CA&ES financing of the EIB Group. This Guideline does not apply to infrastructure equity funds, which follow their own dedicated procedure in assessing the CA&ES contribution.

The Guideline will be used as a basis for all EIF products and transactions when setting the expectations for CA&ES contribution of financial intermediaries’ (FI) transactions at commitment level and for ex-post portfolio monitoring and reporting.