Dr Hoyer has overseen a significant expansion and transformation of the Bank. One of the most notable successes under his tenure has been the European Fund for Strategic Investments, a key initiative to foster job creation and economic growth in the EU.
Under Dr Hoyer’s leadership, the EIB has also consolidated its position as the leading multilateral provider of climate finance worldwide. In 2019, the EIB set a world precedent in the fight against climate change by announcing that it will end financing for fossil fuel energy projects by the end of 2021 and support €1 trillion of climate action and environmentally sustainable investment in the decade to 2030.