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All news, insights and events
All news, insights and events

The European Bank for Reconstruction and Development (EBRD) and EIT InnoEnergy to support the development of the investment landscape for EV battery recycling in Central Europe, with an initial focus on Poland

As the EU has set out ambitious objectives for a decarbonised and autonomous economy, the EBRD and EIT InnoEnergy will partner to support this objective. The aim is to create and enable an investment landscape for the EV battery recycling market in Central Europe, with initial focus on Poland. By doing so, both EBRD and EIT InnoEnergy are laying the foundations for the corresponding eco-system and ultimately increase the use of secondary raw materials in battery production.

Development of the EV battery recycling ecosystem

Both the EBRD and EIT InnoEnergy have extensive experience in the EV battery ecosystem and a strong track record in fostering circular economy business models. In recent years, the EBRD has conducted a number of investments in EV battery manufacturing in Central Europe and built strong networks. EIT InnoEnergy, leader of the European Battery Alliance (EBA250), has supported highly innovative companies operating in cleantech and batteries segments, and established the EBA Academy which will train future workforce for the sector.


The objectives of the assignment include identifying market barriers to the development of EV batteries recycling value chain in Poland by addressing technological and regulatory challenges. This will help identify and establish a suitable marketplace as a platform to facilitate exchanges and partnerships between stakeholders along the EV battery materials recycling value chain, as well as the development of a knowledge hub for learning opportunities, and ultimately support access to finance.


The current accomplishments of EBA Academy platform, led by EIT InnoEnergy, will be key to engage with key stakeholders in the entire battery recycling value chain. The EBA Academy is a pan-European education ecosystem aimed at training, upskilling, and reskilling the workforce needed to grow the EU’s battery industry. Expansion to neighbouring Central and Eastern European countries is expected.

Marcin Wasilewski, CEO of EIT InnoEnergy Central Europe

Effective transport decarbonisation plays a key role in the EU’s plan to reach climate neutrality by 2050. Analyses suggest that Poland will have over 1 million electric vehicles on the road by 2030 and will be a major supplier of batteries to European markets. However, a significant challenge is the availability of battery components. The material intensity of an electric vehicle is almost double that of an internal combustion vehicle. While new technologies might reduce material intensity, recycling and circular economy are critical to ensure that supply can meet demand and secure EU strategic autonomy. As EIT InnoEnergy, we are committed to incorporating CEE’s cleantech industry in EU strategic value chains, including a competent workforce. We are excited that we can now join forces with the EBRD to develop and scale up Central European EV battery recycling ecosystem,” commented Marcin Wasilewski, the CEO of EIT InnoEnergy Central Europe.

Gianpiero Nacci, Director of Sustainable Business & Infrastructure, Climate Strategy and Delivery EBRD

“Batteries are recognised as one of the key technologies for transition to a low-carbon and resilient economy, which is a top priority for the EBRD. Developing markets for secondary raw materials for batteries will be crucial to accelerate the transition to low and zero-carbon vehicles. It will also allow the production of materials in Europe and out of waste, with the objective to deliver significant circular economy benefits for everybody, from citizens to investors. The EBRD is pleased to collaborate with EIT InnoEnergy on our common goals towards a greener transport system and resource efficiency”, commented Gianpiero Nacci, Director of Sustainable Business & Infrastructure, Climate Strategy and Delivery EBRD.