The EIB Institute facilitates the transfer of know-how and experience between different partners and countries in the heritage conservation field.
Cultural heritage is very important both for regional and touristic development and contributes to maintaining or creating a regional, national and European identity. The European commission therefore declared 2018 European Year of Cultural Heritage and in January 2019, the European Investment Bank signed the Berlin Call to action “Cultural heritage for the future of Europe” to promote the “positive and cohesive power of our shared cultural heritage and values to connect Europe’s citizens and communities”.
Recent reports also highlight cultural heritage as a “significant creator of jobs across Europe” as well as an “important source of creativity and innovation”. As budgetary constraints in many parts of Europe continue, heritage conservation could benefit from access to new, additional funding sources, such as private sources, donations, etc.
Partnering with Europa Nostra
Since 2013, the Institute has been partnering with Europa Nostra under the 7 Most Endangered Programme to identify monuments and sites under acute danger of neglect or destruction. Europa Nostra is the main European NGO dedicated to protecting Europe’s endangered cultural sites and monuments with a large network of members and associated organisations from over 40 countries. This innovative cooperation mixes the cultural expertise and lobbying work of Europa Nostra with the technical appraisal and rescue planning skills of the EIB Bank.
Both organisations regularly select seven priority sites. The EIB experts carry out on-site missions and produce technical reports on the viability and phasing of the project recuperation as well as on the funding options such as for the Mafra Palace carillons, (Portugal), Romania’s wooden churches, the Bourla Theater in Antwerp (Belgium), the Art Nouveau synagogue in Subotica (Serbia), the Colbert swing bridge in Dieppe (France), the Kampos of Chios, in Greece, the Constanta Casino (Romania), the Buzludzha Monument (Bulgaria) and the Greek Orphanage in Prinkipo (Turkey).
The initiative increases both the visibility of the cultural importance of the sites and the credibility of the proposed restoration efforts helping to ensure their survival. In specific cases the renovation may also call for loans from the EIB and/or grants from EU structural funds. The initiative enjoys a high degree of visibility in the European heritage world and covers all regions of Europe.
Europe’s Seven Most Endangered Monuments and Sites 2018 see press release
Conferences and workshops
The Institute also organises and participates in conferences and workshops about cultural heritage such as in 2018 in Brussels at the European Foundation Centre annual general assembly, the “Cherishing Heritage” conference in Venice, the “Heritage for future” conference in Luxembourg and the European Cultural Heritage Summit (18-24 June), all in the framework of the European Year of Cultural Heritage.
Other events included in 2013 in London, a roundtable about innovative financing of cultural heritage (also click here), a conference in Paris in 2014 about Designing Investment Funds for UNESCO sites, and in Luxembourg in 2015, about Funding cultural heritage.