ELTI Position Paper: InvestEU – Save the additionality principle

On 9 March 2021, the European Parliament adopted the final version of the InvestEU legal base. NPBIs looking forward to contribute to the implementation and the success of this innovative European financial guarantee instrument. Based on their experience, ELTI members produced a Position Paper summarising recommendations for a smooth and fast implementation of InvestEU in order to make it a successful long-term investment instrument.

The 2020 ELTI General Assembly took place on Friday 4 December 2020 as a virtual meeting. President Laurent Zylberberg and Secretary General (SG), Helmut von Glasenapp expressed their disappointment in not being able to meet in person this year but looked forward to 2021 with the hope that we will be brought together again soon.

This year's General Assembly focused on the European commitment of NPBIs with three presentations and a panel discussion.

ELTI Podcast Launch

On 3 December 2020, ELTI officially launched the first episode of its podcast on Soundcloud and on Spotify and it can also be found on the ELTI website.

Hosted by ELTI Secretary-General Helmut von Glasenapp, this podcast will be releasing episodes on a regular basis. You can expect interesting discussions with interesting partners about interesting topics.

The first episode will feature an interview with David Denzer-Speck, Director of the KfW Brussels Liaison Office. The main questions answered in this episode will be: What the definition of NPBIs? Who is KfW? What is their business model? What is the added value for the economy and the society?

Finance in Common Summit



ELTI President Laurent Zylberberg spoke at the Finance in Common Summit on 11 November 2020. Taking place between 9-12 November 2020, the Finance in Common Summit stressed the crucial role of Public Development Banks (PDBs) in reconciling short-term countercyclical responses with sustainable recovery measures that will have a long-term impact on the planet and societies.

By reconciling the entire finance community in support of common action for climate and the UN Sustainable Development Goals, the Finance in Common Summit will be a key milestone on the way to the crucial events of 2021, notably the COP26, the COP15 and the Generation Equality Forum.


On 26 October 2020, the “Sustainable, Long-term investments & Competitive European Industry Intergroup” in the European Parliament held its inaugural conference. Overseen by Vice-President Frans Timmermans, this launch event focused on the necessary steps which the EU needs to prioritise in order to become more green, digital and resilient.


Detailed Agenda

On 15 October 2020, the European Court of Auditors (ECA) is hosting an online virtual event entitled Boosting Investments in the EU through Financial Instruments & Technical Assistance in times of Crisis - Lessons Learned from the European Court of Auditors.

​ELTI Secretary-General Helmut von Glasenapp will feature as be a panelist in the third session, namely in the discussion concerning ‘Crowding-out: “Is the EIB crowding out private market finance?’. This panel will be moderated by ECA member Leo Brincat.


ELTI Position Paper: Next Generation EU & Factsheets (Enterprises, Health, Renovation Wave & Territorial Development)

The European Council agreement in July 2020 marks a step forward in European construction. The European idea is thereby reinforced. It also sent contradictory signals with less means for European instruments managed by the European Commission. 

Against this background ELTI invites the colegislators to take into account the following considerations mentioned its position paper and factsheets, published on 16 September 2020.

Sustainable Investment Forum Europe 2020

Register for Free | View the Agenda

ELTI is pleased to be partnering with Sustainable Investment Forum Europe 2020, organised by Climate Action in partnership with UNEP-FI. 

This year the event is going virtual with a 'Europe-focused' month dedicated to responsible investment. 

The Virtual Forum will take place across four dates; on the 8th, 11th, 15th and 22nd September, so you can view the sessions live or on-demand in your own time, and network with other attendees using our virtual event platform. 

Press Release PMV

PMV (Belgium) joins ELTI

Participatiemaatschappij Vlaanderen NV, Belgium (PMV) joined the European Association of Long-Term Investors (ELTI) at the beginning of July 2020. Together with National Promotional Banks and Financial Institutions (NPBIs) from all over Europe, ELTI now represents 32 members from 21 European Member States as well as Turkey. ELTI members have a combined balance sheet of more than EUR 1.800 billion. They are key partners for their national governments and the European Institutions as well as the European Investment Bank (EIB) Group.

Overview of measures against the economic impact of the Coronavirus COVID 19 outbreak 1

AECM, ELTI & NEFI Position Paper - Overview of measures against the economic impact of the Coronavirus (COVID-19) outbreak

Updated 17 June 2020

After the outbreak of the Covid-19 pandemic and the decision of most governments in Europe (as well as other continents) to prioritise “social distancing”, it immediately became clear that these decisions will have a significant impact on the global economy. All governments are reflecting how to support self-employed, solo-entrepreneurs, SMEs on to mid-caps and globally-acting conglomerates, airports and healthcare systems as well as companies in the fields of export, tourism and in many other areas. European Member States also introduced completely new measures with the Maastricht criteria becoming less of a priority.


European Long-Term Investors a.i.s.b.l.
Rue Montoyer 51
B - 1000 Brussels