The European Investment Bank (EIB) is the world’s largest multilateral provider of climate finance, committing at least 25 percent of its funding to climate change adaptation and mitigation in Europe and developing countries. Over the next five years, the EIB will provide around $100 billion for climate-related projects. At this event, Klaus Trömel, former secretary general of the EIB and Rice MBA '85, discussed the types of projects and the countries in which the EIB is planning to invest.
This event was co-hosted by the Baker Institute Center for Energy Studies and the Jones Graduate School of Business at Rice University. Follow @BakerInstitute on Twitter and join the conversation with #BakerEnergy.
To view slides from the presentation, click here.
Klaus Trömel served as the secretary general of the European Investment Bank (EIB) until his retirement in March 2018. He began his career as an analyst at Hewlett-Packard’s European headquarters in Geneva before working as a trade and pre-export finance officer. He then joined the EIB’s Lending Operations Directorate and was later appointed the head of division at the Risk Management Directorate. Trömel also served as director of transaction management and restructuring, director general of the Risk Management Directorate, and director general and head of the Lending Operations Directorate before being named secretary general of the EIB in 2015. Trömel holds a degree in civil engineering and business from the Technische Universität of Berlin and an MBA from the Jones Graduate School of Business at Rice University.