Five European national promotional banks and institutions and the European Investment Bank (EIB) report progress on their joint €10 billion initiative to accelerate the transition to a sustainable and circular economy. In 2019, a combined financing of €2.7 billion was provided for circular economy projects
- CREAPAPER, a German start-up for circular paper production and innovative packaging. It produces paper from grass, which not only saves wood as a raw material but also results in significantly lower CO2 emissions and water consumption
- Vestiaire collective, an online marketplace that allows its more than 9 million users to sell and buy second-hand luxury fashion pieces
- Winnow to develop software and hardware solutions to reduce food waste in professional kitchens
- Aquaservice, a leading Spanish water service provider that reuses and recycles all its material and carries out maintenance with a repair and reconditioning programme
- Palazzo delle Finanze (Firenze) a recovery intervention of the existing buildings aimed at the establishment of new productive uses and annexed offices as well as the complete redevelopment of the area outside the complex
- Starmeat, top quality meat processing Polish manufacturer using an innovative process to reduce wasted meat

Bank Gospodarstwa Krajowego (BGK) is a state development bank whose mission is to support the social and economic development of Poland and the public sector. BGK is a financial partner for strategic investment projects and stimulates entrepreneurship. www.bgk.pl
Caisse des Dépôts (CDC) and its subsidiaries form a public long-term investor group serving the general interest and economic development of local areas. It combines five areas of expertise: pensions and professional training, asset management, monitoring subsidiaries and strategic shareholdings, business financing (with Bpifrance) and Banque des Territoires. http://www.caissedesdepots.fr/en
Cassa Depositi e Prestiti (CDP) is the National Promotional Institute, which has been supporting the Italian economy since 1850. The main goal of CDP is to accelerate the industrial and infrastructural development of Italy to boost its economic and social growth. CDP focuses its activities on sustainable development at local level, supporting the innovation and growth of Italian enterprises, also in the international arena. It partners local authorities, in a financing and advisory capacity, to create infrastructures and improve services of public value. CDP also participates actively in international cooperation initiatives to realize projects in developing countries and emerging markets. www.cdp.it
The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investments in order to contribute towards EU policy goals. www.eib.org
Instituto de Crédito Oficial (ICO) is a Corporate State-owned Entity attached to the Spanish government's Ministry of Economic Affairs and Digital Transformation. ICO has become a point of reference in the financing of both SMEs and large-scale investment projects. ICO contributes to sustainable growth, promoting those economic activities, which, due to their social, cultural, innovative or environmental significance, are worthy of promotion and development. www.ico.es
Kreditanstalt für Wiederaufbau (KfW) is one of the world’s leading promotional banks. Since 1948 KfW has been committed to improving economic, social and ecological living conditions all around the world on behalf of the Federal Republic of Germany and the federal states. To do this, it supplied funds totalling EUR 75.5 billion in 2018 alone; of this total, 40% was spent on measures aimed at protecting the climate and the environment. www.kfw.de
- Bank Gospodarstwa Krajowego (BGK - Poland): Anna Czyż, media@bgk.pl
- Caisse des Dépôts Group (CDC – France) : Malek Prat – + 33 (0) 6 71 43 46 38 – service.presse@caissedesdepots.fr
- Cassa Depositi e Prestiti (CDP - Italy): Francesco Mele, francesco.mele@cdp.it, tel.: +39-06 4221 2435
- Instituto de Crédito Oficial (ICO - Spain): Begoña Amores, Begonia.amores@ico.es, tel.: +34 915921641
- European Investment Bank: Vanessa Paul, v.paul@eib.org , tel.: +352 4379 – 84331, mobile: +352-621-368-521, Website: www.eib.org/press - Press Office: +352 4379 21000 – press@eib.org
- Kreditanstalt für Wiederaufbau (KfW - Germany): Wolfram Schweickhardt, Wolfram.Schweickhardt@kfw.de, tel.: +49 69-7431-1778, mobile: +49-174-3166502