European Investment Bank

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/european-investment-bank

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the institutional mandate?The European Union's primary financing institution, supporting EU policy objectives
2. What is the climate investment target?Committed to investing 1 trillion euros in climate action by 2030
3. Why does the European Investment Bank give money to small businesses?It wants to help small and medium-sized companies grow, create jobs, and bring new ideas to Europe.
4. How does the European Investment Bank help the planet?It is one of the world’s largest lenders for green projects, issued the first green bonds in 2007, and plans to invest 1 trillion euros in climate action by 2030.

Multilateral Development Bank (MDB): An international financial institution owned by multiple countries that provides loans and grants for development.
Cohesion Policy: EU policies aimed at reducing economic and social disparities between regions.
Capital Markets: The global marketplaces where financial instruments like bonds and stocks are traded.
Credit Rating: An assessment of the creditworthiness of a borrower, indicating their ability to repay debt.