Ericsson announced that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023. In addition to strengthening Ericsson's balance sheet and financial flexibility, the loans have been granted for the purpose of financing Ericsson's investments in research and development (R&D) in relation to enhanced wireless technology between 2023 and 2025. The R&D investments are an important contributor into Ericsson's overall plan to reach the Net Zero target by 2040 through reduced energy consumption in the mobile networks globally.

The loans form an important part of Ericsson's overall funding strategy, complementing other sources. In December 2023, Ericsson signed a 7-year EUR 100 million green funding agreement with the Nordic Investment Bank (NIB). The loan will finance R&D investments in wireless technology.

On November 23, 2023, Ericsson announced the successful placement of a green Euro denominated 500 million 4.5-year bond. The bond was issued within Ericsson's Green Financing Framework, under the Company's Euro Medium Term Note Program (EMTN).