External publications

Green and global? A policy frame analysis of the European Investment Bank’s re-branding from 2018–2023

Erforth, Benedikt / Niels Keijzer
External Publications (2024)

in: Journal of Economic Policy Reform, Online

DOI: https://doi.org/10.1080/17487870.2024.2387569
Open access (CC BY-NC-ND)

This article examines the European Investment Bank’s (EIB) positioning and response to reforms in the European development financing landscape. These reforms aimed to enhance the role of Development Finance Institutions in promoting external investment, threatening the EIB’s privileged access to EU budgetary resources. The EIB responded by creating “EIB Global” and rebranding as the European climate bank. Through framing analysis, this article studies the EIB’s discourse supporting these reforms. It concludes that in striving for institutional survival, the EIB has unintentionally created a situation in which its development and green finance mandates now compete for attention.