European Association of Long-Term Investors

ELTI

ELTI represents national promotional banks to promote shared interests in long-term investment across Europe.

Lobbying Activity

Meeting with Jonathan Denness (Head of Unit Regional and Urban Policy) and European Association of Public Banks and Funding agencies AISBL and

15 Sept 2025 · Structured Dialogue between the EAPB, AECM, ELTI, NEFI and DG Regional Policy Unit B.3

Meeting with Agnese Papadia (Cabinet of Commissioner Dan Jørgensen), Stella Kaltsouni (Cabinet of Commissioner Dan Jørgensen) and European Association of Public Banks and Funding agencies AISBL

8 Sept 2025 · Pan-European Investment Platform on Affordable and Sustainable Housing

Meeting with Pawel Wisniewski (Cabinet of Commissioner Christophe Hansen)

6 May 2025 · Courtesy Meeting / Introduction to the work of ELTI in the field of financing agriculture

Meeting with Irene Tinagli (Member of the European Parliament)

8 Apr 2025 · Technical meeting

Meeting with Jonathan Denness (Head of Unit Regional and Urban Policy) and European Association of Public Banks and Funding agencies AISBL and

19 Mar 2025 · Structured Dialogue Meeting between the associations of NPBIs and the DG for Regional and Urban Policy.

Response to Savings and Investments Union

7 Mar 2025

The following associations and networks prepared 7 proposals which you can find in the document attched.
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Meeting with Matthew Baldwin (Deputy Director-General Energy)

13 Feb 2025 · Worskshop “Housing crisis and the answer of Promotional banks”

Meeting with Florentine Hopmeier (Cabinet of Commissioner Piotr Serafin), Wouter Coussens (Cabinet of Commissioner Piotr Serafin)

5 Feb 2025 · Role of national promotional banks as implementing partner of the EU

Meeting with Irene Tinagli (Member of the European Parliament, Committee chair)

4 Feb 2025 · Meeting on social housing issues

Meeting with Aliénor Margerit (Cabinet of Commissioner Paolo Gentiloni), Fabrizio Balassone (Cabinet of Commissioner Paolo Gentiloni), Sophie Dewispelaere (Cabinet of Commissioner Paolo Gentiloni)

31 Jan 2024 · Mid-term review of EU Financial Instruments, Effectiveness of EU programs to support private investments

Long-term investors urge EU to slash financial reporting burdens

1 Dec 2023
Message — ELTI proposes streamlining EU financial instruments and reducing State aid bureaucracy to speed up execution. They request simplified checks and 10 million Euro thresholds for mandatory environmental assessments.123
Why — Simplified rules would reduce compliance costs and allow members to finance projects faster.4
Impact — Environmental groups may see weakened oversight due to higher thresholds for climate impact assessments.5

Meeting with Paolo Gentiloni (Commissioner)

16 Nov 2023 · Exchange on InvestEU and role of national promotional Banks

Meeting with Olivier Guersent (Director-General Competition)

16 Nov 2023 · Invest EU, financial regulation

Meeting with Johannes Hahn (Commissioner) and

16 Nov 2023 · Current political and economic challenges

Meeting with Johannes Hahn (Commissioner)

16 Nov 2023 · Meeting with with the European Long Term Investments Association (ELTI) to discuss implementation of financial instruments.

Meeting with José Manuel Fernandes (Member of the European Parliament, Rapporteur)

10 Oct 2023 · Strategic Technologies for Europe Platform

Response to Interim Evaluation of the InvestEU Programme

10 May 2023

The National Promotional Banks and Institutions (NPBIs) and further (potential) other Implementing Partners represent the largest group of implementing partners of InvestEU. Against the background of the discussions about the InvestEU regulation, the pillar assessment, preparation of and participation in the 1st call, guarantee- and advisory agreement negotiations and implementation of financial products as well as advisory services under InvestEU we highly appreciate the possibility to give feed-back at this very early point of time already. Our experience includes the possibility to provide financing with an InvestEU-guarantee from the European Investment Fund (EIF).
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Meeting with Diederik Samsom (Cabinet of Executive Vice-President Frans Timmermans)

26 Jan 2023 · European Green Deal

Meeting with Daniel Freund (Member of the European Parliament, Shadow rapporteur)

24 Oct 2022 · Financial Regulation

Meeting with Nathalie De Basaldua (Cabinet of Commissioner Mairead Mcguinness)

27 Sept 2022 · Capital Markets Union, securitisation

Meeting with Aliénor Margerit (Cabinet of Commissioner Paolo Gentiloni), Aliénor Margerit (Cabinet of Commissioner Paolo Gentiloni)

18 Mar 2022 · InvestEU

Response to Commission Delegated Regulation on taxonomy-alignment of undertakings reporting non-financial information

2 Jun 2021

Members of the European association of Long-term Investors (ELTI) and of the Network of European Financial Institutions for SMEs (NEFI) are fully committed to the ongoing process of turning the EU into a sustainable, carbon-neutral economy. We welcome the creation of the Taxonomy and deem it as a useful and powerful tool to foster the European green transition. We highly appreciate the possibility to provide feed-back at this point of time. National Promotional Banks and Institutions (NPBIs) would like to share some proposals concerning SMEs as well as highlight some very specific items in the draft that would deserve further clarification from the European Commission. Please find the details in the document attached.
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Response to Revision of the Financial Regulation 2018/1046

16 Apr 2021

Thank you very much for giving us the opportunity to provide feed-back for further development and fine tuning of the envisaged revision of the Financial Regulation. Based on the long-term experience of our members, the National Promotional Banks and Institutions (NPBIs), we are happy to provide feed-back as laid down in the letter of the Secretary General (see attachment).
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Meeting with Diederik Samsom (Cabinet of Executive Vice-President Frans Timmermans)

30 Mar 2020 · European Green Deal

Meeting with Agnieszka Skonieczna (Cabinet of Commissioner Thierry Breton)

10 Mar 2020 · Exchange of views on SME access to finance, InvestEU and long-term investment

Meeting with Estelle Goeger (Cabinet of Commissioner Paolo Gentiloni)

19 Feb 2020 · Sustainable European Investment Plan

Meeting with Jyrki Katainen (Vice-President)

13 May 2019 · InvestEU

Response to Multiannual Financial Framework-Draft legislative proposal on the InvestEU Programme and EFSI evaluation SWD

26 Jul 2018

The European Association of Long-Term Investors (ELTI) welcomes the Commission proposal, released on June 6th 2018, establishing the InvestEU programme*. As expressed in ELTI’s previous position papers**, National Promotional Banks and Institutions (NPBI) share the view that this single guarantee fund will be key in providing much-needed streamlined architecture as well as effective regulation for financial instruments. ELTI members acknowledge that the EIB group successfully delivered EFSI 1 and EFSI 2 in recent years, both in in difficult times and on tight schedules. Following the proposal of the European Commission the EU will enter a new phase, as of 2021, with the direct access granted to the new implementing partners considered to be a ‘game changer’. It will enable the EIB group, NPBIs and other International Financial Institutions to develop a greater level of co-operation, thus complementing their respective actions in various ways. This will allow for stronger synergies between the EU Commission/NPBIs/EIB group and will help unlock the potential for investments in Europe. The Commission’s proposal is the first step towards achieving the future InvestEU Fund. NPBIs will closely follow the work in progress as it will shape the new system and translate those welcomed evolutions into the following operational features: - The pillar assessment process should not be too complex or too costly ensuring that all NPBIs have direct access. ELTI will organise workshops for its members in order to facilitate this process. - ELTI’s members will develop further interactions among themselves, even though some of our members’ activities are mainly located in their respective countries. The “three countries” condition should therefore take these specificities into account. - The future InvestEU Fund should maintain a high level of risk coverage. A high-risk coverage is key in financing projects with a significant European added value. - A neutral and inclusive governance is crucial when ensuring a level playing field among implementing partners. None of the implementing partners should have a prominent position. - In order to ensure a fair representation of the smaller NPBIs, an expert should be tasked in representing the “group”, especially when taking into account the cost of seconded experts. - A strong pipeline of projects relies on technical assistance. The InvestEU Advisory Hub should rely on existing partners as much as possible in order to deliver technical assistance to local project-owners. - NPBIs should be the natural partners of the EU Commission/managing authority on the “Member State” compartment because they are deeply-rooted in their national and local environments. In recent years, NPBIs and ELTI have demonstrated their willingness and ability to promote concrete projects at local levels in order to foster the European economy, increase their visibility and strengthen their ties with European policy goals. As key partner within the Juncker Plan, ELTI members have already helped to bridge part of the investment gap within the EU and are ready to deliver even more intensively. As such, ELTI reiterates its wish to work with the EU Commission on concrete measures and to ensure a more coherent and operational financing framework for the years 2021 - 2027. * COM (2018) 439 ** Especially the last one published 26. March 2018, “The way forward regarding the single fund, direct access for NPBIs and the single rule book” http://www.eltia.eu/
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Meeting with Jyrki Katainen (Vice-President)

15 May 2018 · The role of National Promotional Banks and Institutions in the next MFF

Meeting with Markus Schulte (Cabinet of Vice-President Günther Oettinger)

8 Nov 2017 · MFF

Meeting with Jyrki Katainen (Vice-President)

23 Oct 2017 · High Level Task Force on Social Infrastructure: state of play

Meeting with Florentine Hopmeier (Cabinet of Vice-President Jyrki Katainen)

6 Oct 2017 · High level task force on social infrastructure: state of play

Meeting with Olivier Guersent (Director-General Financial Stability, Financial Services and Capital Markets Union)

21 Jun 2016 · CMU

Meeting with Andreja Kodrin (Cabinet of Commissioner Violeta Bulc)

17 Dec 2015 · Ms Kodrin meeting Dominique de Crayencour The Secretary-General European Long-Term Investors -ELTI

Meeting with Michel Servoz (Director-General Employment, Social Affairs and Inclusion) and Association pour le Droit à l'Initiative Economique and Crédit Coopératif

5 Dec 2014 · Micro-finance