We are one the world’s largest multilateral borrower and lender, We provide finance for major projects in energy, real estate and expertise for sustainable investment projects that contribute to EU policy objectives and the world beyond. More than 50% of our activity is in Europe. But we also are a big investor around the world. The vast majority of our financing is through loans, but we also offer guarantees, micro-finance, equity investment, etc. Our support unlocks financing from other sources, particularly from the EU budget. This is blended with loans to form a full financing package, Lack of finance is often only one barrier to investment. We help with administrative and project management capacity to facilitate investment. We support projects that make a significant contribution to growth and employment in The World. Our activities focus on four priority areas, Innovation and skills access to finance for smaller businesses, Infrastructure, Climate and environment, We raise the money we lend on the international capital markets through bond issues. Our excellent rating allows us to borrow at good rates. We’re not in this to make a big profit. So we pass these good rates onto our clients.