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Preparing the ground for adaptation
European Investment Bank (EIB)
The European Investment Bank (EIB) defines under its priority on Climate Action funding for projects to cut greenhouse-gas emissions but also for those which help adapt to climate change.
The EIB invests, provides technical and financial expertise and blends funding from other sources on projects such as:
- Renewable energy generation and promotion
- Rational energy use
- Energy efficiency technology
- Sustainable public and private transport
- Water: efficient supply and management
- Recycling
- Forestry: acting as carbon sinks and combatting soil erosion
- Research, development and innovation
Loans are the main source of backing for climate action projects.
Climate action is also supported via the joint EIB/European Commission initiatives such as: