The European Investment Bank (EIB) Group has extended its Green Checker tool beyond the European Union, allowing governments, businesses, and financial institutions around the world to assess whether their projects qualify for green financing.
The tool, designed to simplify the evaluation of climate and environmental investments, is now available in countries across North Africa, the Middle East, the Western Balkans, the Caucasus, and the Eastern Neighbourhood.
The global launch took place during the 30th United Nations Climate Conference (COP30) in Belém, Brazil, as part of the EU’s Global Gateway Investment Agenda, which aims to accelerate sustainable investment worldwide.
“The Green Checker is a transformative tool,” said EIB Vice-President Ambroise Fayolle. “It helps companies assess whether their projects meet climate and environmental criteria and determine their eligibility for EIB financing through our partner banks. We are now broadening its scope to include countries beyond Europe, accelerating climate investments globally. The Green Checker is an instrument to simplify the assessment of climate projects, in particular for SMEs.”
The Green Checker provides users with a step-by-step assessment of a project’s environmental performance and its alignment with EIB climate standards and the EU Taxonomy. It produces customised reports outlining potential benefits such as energy savings and emissions reductions.
Initially developed for financial intermediaries like commercial banks and national development institutions, the tool is free and publicly accessible, enabling small businesses, local authorities, and individual users to assess their projects and explore green financing opportunities.
EIB Advisory is also developing other web-based resources, including a Decarbonisation Guide—supported in North Macedonia and Morocco—to help financial institutions and businesses transition to low-carbon operations. These tools, alongside initiatives such as the Greening Financial Systems Technical Assistance Programme, are intended to help economies manage climate risks and adopt sustainable investment practices.
The Green Checker forms part of the EIB’s broader commitment under the Climate Bank Roadmap Phase Two, which outlines the institution’s priorities through the end of this decade. The roadmap focuses on supporting Europe’s competitiveness, energy security, and industrial transition while simplifying procedures to accelerate green investment.
